The largest share of the development budget is allocated to the ministry of minerals, energy and water resources mmewr at p3. The cash exchange exercise will continue until 31st december 2015 to enable all zambians. Delivered to the national assembly on 7th february, 2005. It is within this context that we have had to confront the reality that our wage bill has continued to escalate in an environment where the pool of resources to deliver. The 20152016 budget estimates for statutory expenditure is p7. Botswana is one of africas most stable nations and home to some of the largest remaining areas of pristine wilderness in africa alongside south africa it is also one of the most affordable safari destinations in africa. Against this background, the design of the 2015 national budget should reinforce the policy oriented thrust for laying a solid foundation for accelerated growth and creation of employment opportunities. Expenditure for the year 1st january, 2015 to 31st december, 2015 presented to the national assembly in october 2014.
Republic of botswana 2016 budget speech by honourable o. Budget 20142015 is the budget of a government in action. It seeks to allocate resources systematically and fairly. This objective is not an obsession, it is an obligation. In recognising the freedom charter the african national congress has during its 103. Matambo minister of finance and development planning delivered to the national assembly on 4thfebruary 20 website. The conclusion is that botswanas current ndpdual budget planning and. When i presented the 201516 budget in may 2015, i had just assumed office and had grand aspirations.
Since the 2019 budget strategy paper is the first following the ascension of his excellency the. In acting together we can address declining confidence and the. List of countries by government budget per capita wikipedia. Matambos budget speech 201516 the patriot on sunday. The 201617 budget speech is made in an economic environment characterised by marginal recovery from the economic crisis period. Sir, on 1st january 20, we successfully rebased the kwacha.
Edward scicluna this publication is available from. And it is one that is presented in very special circumstances. Honourable speaker i have the honour to present the first budget of our fifth democratic parliament. Masisi to the presidency in april 2018, the document takes into account the elements of his roadmap, as outlined in his inauguration speech. Further, madam speaker, international oil and gas prices have been on the decline throughout fiscal year 2015.
Actual budget out turn for 201516 was a deficit of p6. Matambo, minister of finance and development planning, on 2 february 2015 the 2015 16 budget speech focuses on interventions aimed at promoting economic growth and diversification in the country as they are critical in addressing the persistent challenges of unemployment. Budget 20142015 therefore represents the first step in. As i do so, i am wiser than i was last year when i presented my maiden budget. The 201617 revised budget estimate is a deficit of p1. Mutati, mp minister of finance delivered to the national assembly on friday, 11th november, 2016 1.
Botswana budget 201617 driving progress detail one context 20142015 a shor t descriptio n with additiona l. Highlights of the budget speech for 20162017, presented to the national assembly on monday. Feb 06, 2017 madam speaker, a significant budget deficit of p6. Speaker, i beg to move that the house do now resolve into committee of supply on the estimates of revenue and expenditure for the year 1st january 2017 to 31st december 2017, presented to. Achieving it will give back to us the freedom to make choices. Budget speech highlights the economy experienced a growth rate of 4. The 20152016 budget speech for botswana was delivered by honourable o. Since the 2019 budget strategy paper is the first following the ascension of his excellency the president, mr mokgweetsi e. Millennium development goals status report 2015 sustaining progress to 2015 and beyond botswana. Botswana recorded a government budget deficit equal to 3. Most leaders dont even know the game theyre in simon sinek at live2lead 2016 duration. Anniversary of the freedom charter which is celebrated by the people of south africa. Feb 22, 2017 spending on nonessential goods and services fell in real terms by 7.
Republic of botswana budget speech 2005 delivered to the national assembly on 7th february, 2005. Towards an empowered society and inclusive economic growth presented to the parliament of zimbabwe on 27 november, 2014 by hon. Matambo, minister of finance and development planning, on 2 february 2015 the 201516 budget speech focuses on interventions aimed at promoting economic growth and diversification in the country as they are critical in addressing the persistent challenges of unemployment. Budget 20142015 therefore represents the first step in the. In acting together we can address declining confidence and the retreat of capital, and. To that end, this budget and next years budget will define the critical path we must take. I rise to move the second reading of the general revenue appropriation bill for fiscal year 20152016. Estimates of national expenditure printed version 7,158kb estimates of national expenditure detailed information per vote appropriation bill 356kb.
Chinamasa, mp minister of finance and economic development. Republic of botswana 2015 budget speech by honourable o. Mr speaker sir, the recent lapse of the restrictive measures under the article 96 of the cotonou agreement is a welcome development. I rise to move the second reading of the general revenue appropriation bill for fiscal year 2015 2016.
Actual budget out turn for 2015 16 was a deficit of p6. This list shows the government budget of each country divided by its total population, not adjusted to purchasing power parity. Malusi gigaba, delivered his 2018 budget speech to parliament on wednesday, 21 february 2018. Republic of botswana 20 budget speech by honourable o. P printed by the government printing and publishing services, gaborone. The chinese, brazilian, indian, and united states government budgets used are the figures reported by. It comes, after all, barely a week after the resounding udp victory in the countrywide municipal elections. Budget speech highlights the economy contracted by 1. The proportion of provincial spending on personnel has declined to just under 60 per cent in 201617, freeing up more resources to invest in services. This page provides botswana government budget actual values, historical data. Botswana budget february 2020 rsm botswana rsm global. The 2015 budget is aimed at rebalancing fiscal policy to give greater impetus. Matambo, minister of finance and development planning, on 2 february 2015. It is based on data from the 2018 cia world factbook.
The 2019 budget strategy paper bsp is part of the annual planning process. As at 30th september, 20, the bank of zambia had withdrawn k3. Senate to deliver the budget speech for the fiscal year 201617, which is the second since the coming into power of this coalition government. Spending on nonessential goods and services fell in real terms by 7. May 19, 2015 read the full budget speech, given by finance minister nhlanhla nene, below.
This budget speech is also my first as minister of finance. From a budget perspective, try and go during shoulder season when accommodation and vehicle rental prices are cheaper. Parliament, that is, the 11th parliament, i wish to draw the attention of. Matambo, minister of finance and development planning. A tax pocket guide can be obtained from your nearest sars branch.
No room for complacency in 2016 budget botswana guardian. Feb 08, 2018 most leaders dont even know the game theyre in simon sinek at live2lead 2016 duration. The growth is principally due to obligations arising from the maturing of government bond bw003 and repayments of loan principals. Republic of botswana ministry of finance and development planning private bag 008 gaborone the 2008 budget speech in brief the new budget is designed to ensure that the economy of botswana is on target to achieve the goals of vision 2016, including a trebling of botswanas real per capita income between 1996 and 2016.
The 2015 2016 budget estimates for statutory expenditure is p7. The largest share of the development budget is allocated to the ministry of minerals, energy and water resources mmewr at p 3. Honourable speaker mister president cabinet colleagues and deputy ministers governor of the reserve bank mecs of finance fellow south africans ndi masiari sanibonani molweni goeie middag thobela dumelang avhusheni as i begin, let me first table before this august house. This financial year, as implicit in our annual performance plan and budget, focuses on improving our ability to lead and coordinate development in the province. The budget process plays a role in clarifying these options, probing their costs and assessing implementation modalities. Vote 10 budget speech 10 march 2014 allocation for the medium term expenditure framework 201415 201617 6. The document forms the basis for discussions of the proposed national policies, strategies and budgetary allocations for the next financial year by various stakeholders at the annual budget pitso. As a result, the overall budget outturn for the 20142015 financial year was a surplus of p5. Millennium development goals status report 201 sustaining progress to 2015 and beyond 9 the 200809 financial and economic crunch saw the government budget drift from a surplus to deficit position with the ratio of government debt to gdp escalating from 10% in 2008 to.
Please do not hesitate to contact us, should you require any additional information relating to any aspect covered in. Actual budget outturn for 201617 was a surplus of p1. The 2015 16 budget speech focuses on interventions aimed at promoting economic growth and diversification in the country as they are critical in addressing the persistent challenges of unemployment, income inequality and poverty. Finally, with the exception of botswana, the sacu economies are expected to. As a result, the overall budget outturn for the 2014 2015 financial year was a surplus of p5. Since this is the first budget presentation after the election of a new. Draft rates and monetary amounts and amendment of revenue laws bill, 2015 503kb. Budget 20142015 budget speech legal deposit bibliotheque et archives nationales du quebec february 2014 isbn 9782551255016 print isbn 9782550699774 pdf. As a result, the growth estimate for the 2015 has been revised downwards from 2. Government gazette 38869 date 12 june 2015 publication of government gazette in terms of section 16 1 of the division of revenue act, 2015 15,955kb 2015 division of revenue bill schedules and annexes in excel format. Mr speaker sir, i move that leave be granted to present a statement of the estimated revenues and expenditures of the republic of zimbabwe for the. This cost will also vary significantly depending on when you travel to botswana.
The 2015 2016 budget speech for botswana was delivered by honourable o. Finance minister tito mboweni faces one of the most difficult tasks of his career so far as he delivers his maiden budget speech amid very weak economic growth, high unemployment and floundering soes. The 201718 revised budget estimate is a deficit of p2. We researched long and hard to find a way to visit botswana on a budget. Contributing to the slow growth in the domestic economy in 2015 was the mining sector, which declined by 14. Read the full budget speech, given by finance minister nhlanhla nene, below. The 2015 budget is better than the 2014 one because although both are developmental the 2015 has a more easier to manage fiscal deficit than the 2014. Driving progress budget 201819 deloitte united states. This will be offset by lower tariffs for services provided by the national health laboratory service.
Republic of botswana budget speech 2005 delivered to the national assembly on 7th february, 2005 by honourable baledzi gaolathe minister of finance and development planning website. This, mr speaker, is the 8th budget in the current cycle of udp governance. Matambo minister of finance and development planning delivered to the national assembly on 1st february 2016 website. Matambo minister of finance and development planning delivered to the national assembly on 2nd february 2015 website. The 201819 budget speech by the financial secretary, the hon paul mp chan moving the second reading of the appropriation bill 2018 wednesday, 28 february 2018. From the onset, let me indicate that the 201516 budget has been prepared. Budget speech by the minister of finance february 2015 budget tax guide for 2015 for the 2016 year of assessment 1 march 2015 29 february 2016 please note. South africa 2018 budget speech in full allnet africa.
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