P100 million Bot50 joke
Friday, June 03, 2016
The extra-financing has not been specified yet. According to organisers, budget supplementation will be considered only in need to raise public morale. With just a little over two months left to the major celebration, the coordinating committee was to meet yesterday to draw a budgetary breakdown of all activities that prelude Botswana Day as well as headlining events.
Kgotlafela made the startling revelation about Bot50, when the Ministry of Youth, Sport and Culture (MYSC), which is overseeing the celebrations, made an appearance before the PAC this week. To this end, the coordinators say the bulk of the money, P14 million, has so far gone into production of choreography, with a theatrical fusion that chronicles the birth of sovereign Botswana from 1966 to date.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...