According to the latest bank of botswana monetary policy committees press release, inflation rate is forecast to be within its objective range of 36 percent in the medium term. In november 20, we had forecast real gdp growth of 0. The constitution of botswana addresses human rights principles such as freedom of speech, freedom of assembly and the right to life issues freedom of speech and press. The botswana meat commission whose latest audited financial statements are for 2014, registered a net loss of p9. Republic of botswana 20 budget speech by honourable o. Masisi, president of the republic of botswana, delivered the annual state of the nation address to the. According to his budget speech presented yesterday, matambo expects 2018 growth to reach 5. Feb 08, 2018 most leaders dont even know the game theyre in simon sinek at live2lead 2016 duration. Although there will be a slight increase in the price of petrol and diesel, i am pleased.
Sa budget 202021 national budget speech highlights. It also presented the recommended budget proposals for the 2014 15 fy and announced some policy reforms and fiscal legislation. I am pleased to announce that real gdp growth was instead 1. Budget speech check against delivery malusi gigaba minister of finance 21 february 2018. Click here to download the complete set of the 201415 budget for offline reading. This page provides botswana government budget actual values, historical data. Temperatures in botswana are expected to continue to increase in the. Almost all words are from the budget speech so that we do not colour it. Madam speaker, i have the honour this afternoon to present to the national. 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. Developing the creative and innovative potential of young.
Building on the achievements of the 2010 2014 strategy of the ministry of agriculture moa and based on lessons learned from its implementation, the ministry of agriculture has developed its new strategy for the period 20152019 using a participatory approach. The purpose of the event would be to bring together a wide range of people from the public, private and voluntary sectors, including employer organizations, large, medium and small companies, young people and youth organizations, to deliberate on the challenges and possibilities in partnership working. Budget speech 2010 2 on matters of concern to all of us building a better south africa for our children and grandchildren. Assembly budget proposals for the financial year 20142015. May 19, 2015 read the full budget speech, given by finance minister nhlanhla nene, below. Weathering the storm zambias 2016 national budget pwc analysis and outlook commentary mining sector and on the economy as a whole. Oaths to be taken by judges of high court part ii court of appeal. This introductory handbook is designed to serve as a tool to assist prosecutors prepare and advance fair abbreviationsand ethical criminal prosecutions. Bank of botswana maintained an accommodative monetary policy stance by reducing the bank rate from 6. The rate of decline also accelerated drastically, with the global average score suffering its largest oneyear drop in. This is a budget in which there is limited room for expansion, yet there are significant opportunities for change. Thus in malaysia smes are grouped into micro, small, or medium based on either the numbers of people a business employs or on the total sales or revenue generated by a.
Madam speaker, the preliminary overall balance of payments for 2015 is estimated at p3. Inclusive education policy and implementation plan remarks by rigo belpaire head of cooperation programmes with botswana delegation of the european union to the republic of botswana and sadc it is an honour to have been invited here today for the launch of the inclusive education policy by the ministry of education and skills development. Many more countries are expected to move away from aid as they approach graduation. Click here to download the complete set of the 2014 15 budget for offline reading. Botswana finance minister kenneth matambo expects the warming global economy and rising commodity prices to underpin the countrys buoyant forecasts for revenues and growth in 201819. Zambia budget 2014 finance minister alexander chikwanda delivered the budget statement 2014 today. Apart from the duty on fuel, all other excise duties and the tax on fuel bunkering will come into force as of today.
P printed by the government printing and publishing services, gaborone. Thapelo matsheka, minister of finance and economic development. It is a plan that is balanced shaped by experienced hands and a government that works to build a more prosperous ontario today and for tomorrow. Most leaders dont even know the game theyre in simon sinek at live2lead 2016 duration. Review of current and planned adaptation action in botswana iisd. Nevertheless, we are staying the course with respect to the targets we set for ourselves. Finance minister alexander chikwanda delivered the budget statement 2014 today.
The positive outlook is however subject to upside risks such as administered prices, commodity prices. Botswana budget 201617 driving progress detail one context 2014 2015 a shor t descriptio n with additiona l detail. International journal of education and research vol. The foundation featured in botswanas state of the nation address.
Ministry of finance public relations office new building, ground floor, room 001003 p. Government has undertaken shortterm measures to address the problem, including importing emergency power from abroad, but admits that this is not a sustainable solution. Now, we must again use this remarkable national capability to energetically and urgently address the problems of jobs, growth and poverty. Share repurchase and profit extraction transactions. The 2014 budget speech, delivered to the national assembly on the 3rd february 2014, presented the outlook for the economy, budget outturns for 2012 fiscal year fy and revised budget estimates for 2014 fy. Vision 2016 and millenium development goals indicators report, 2014 statistics botswana 2 2. South african income tax capital gains tax corporate income tax customs duties. Botswana recorded a government budget deficit equal to 3. Speaker, our 2014 budget is about competitiveness and compassion.
Omissions are not intended to be biases but to achieve brevity. Situmbeko musokotwane, mp, minister of finance and national planning delivered to the national assembly on friday 8th october, 2010 related documents. In her first speech as minister of finance, honourable margaret mwanakatwe mp. Budget speech 4 20142015 our efforts are starting to pay off, and our economic growth is improving. Box mb 40 accra ghana the 2014 budget speech of the government of ghana is also available on the internet at. There are three important principles that must be borne in mind. The excise duty on fuel will become effective on 1st january 2014. These commitments impose obligations on government and have implications for the business sector and all stakeholders. Highlights of the budget speech for 20162017, presented to the national assembly on monday. I am announcing that the budget will be balanced in 20 2014 and will stay balanced in subsequent years. Chinas economy is, however, expected to grow by about 7. Drought conditions and management strategies in botswana 25. This loss was partly due to measles outbreak during 2014, and inadequate supply of cattle to the commission, resulting in its failure to supply beef to the.
Edward scicluna minister for finance malta 8th april, 20. Budget speech 4 2014 2015 our efforts are starting to pay off, and our economic growth is improving. The role of smes in employment creation and economic. The time it takes in hours per year for tax administration and compliance. November 2014, which is supportive to economic growth. As you pointed out mr president, none of us can rest or sleep peacefully until every. Reducing vulnerabilities and building resilience, the 2014 human development report provides a fresh perspective on vulnerability and proposes ways to strengthen resilience. Honourable speaker of the provincial legislature, honourable premier of the peoples province of bokone bophirima, ntate sor mahumapelo. For copies of the speech, please contact the public relations office of the ministry. The gob has undertaken minimal efforts to address hiv among fsw as a. Medically circumcise more than 520 000 men and boys in the province since the programme was launched by his majesty the king as a means to curb the spread of hiv.
Honourable speaker i have the honour to present the first budget of our fifth democratic parliament. The province is particularly proud to report that no amputation or death was. Votes of twothirds of the assembly chapter vi the judicature part i the high court. Matambo minister of finance and development planning delivered to the national assembly on 4thfebruary 20 website. Matambo minister of finance and development planning delivered to the national assembly on 3rd february 2014 website. Madam speaker, as part of the 2019 budget speech, i will provide a. The constitution addresses the notion of freedom of speech and this is. 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. Feb 06, 2017 madam speaker, the latest data released by statistics botswana based on audited accounts of companies, indicate that the domestic economy contracted by 1. The report also contains the 2014 human development index hdi. But as always, i thought it was more important getting it across to you speedily. Mutati, mp minister of finance delivered to the national assembly on friday, 11th november, 2016 1. Botswana s domestic economic growth decreased from 3. On these two foundations, we are able to offer bold and forthright leadership.
Great work by the way from the zambia revenue authority who have also got it on their website in record time. Budget speech 4 20 2014 there was no time to lose in setting the situation to rights. Freedom of the press 2015, the latest edition of an annual report published by freedom house since 1980, found that global press freedom declined in 2014 to its lowest point in more than 10 years. With zambias growing debt obligations making headlines in 2018, it is not surprising that the central theme in this years budget is how to contain this debt. 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 botswana s real per capita income between 1996 and 2016.
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 2014 to. The projected external price developments and lower forecasts for oil prices will result in moderate pressure on domestic prices. This will be a budget that will better and more clearly reflect the proposals that make up the road map of this new government. Budget speech 2014 3 subsidies, it is known to all that a gigantic circular debt of rs. Botswana lies between the latitudes of 18 to 27 degrees south and the longitudes of 20 to. Budget 2014 36 budget 2014 15 42 budget 201516 33 budget 201617 42 budget 201718 budget 201819 19 budget 201920 31.
Wealth and economic opportunities must be equitably shared. Monthly national inflation by tradable january 20july 2016 source. Republic of botswana 2014 budget speech by honourable o. Balance of payments and foreign exchange reserves 17. The projected external price developments and lower forecasts for oil prices will result in moderate. With this handbook, you will have the chance to gain a sound knowledge base from which you might wish however, it must. Matambos budget speech 201516 the patriot on sunday. The strengthening of the us economy and modest economic. Handbook pacific islands legal information institute.