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    ๐ƒ๐ž๐›๐ฌ๐ฐ๐š๐ง๐š ๐‘๐ž๐œ๐จ๐ ๐ง๐ข๐ฌ๐ž๐ ๐จ๐ง ๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ฌ๐ญ๐š๐ ๐ž ๐ฐ๐ข๐ญ๐ก ๐€๐”๐’๐‚ ๐ฆ๐ž๐๐š๐ฅ ๐จ๐Ÿ ๐‡๐จ๐ง๐จ๐ฎ๐ซ

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    ๐ƒ๐ž๐›๐ฌ๐ฐ๐š๐ง๐š ๐‘๐ž๐œ๐จ๐ ๐ง๐ข๐ฌ๐ž๐ ๐จ๐ง ๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ฌ๐ญ๐š๐ ๐ž ๐ฐ๐ข๐ญ๐ก ๐€๐”๐’๐‚ ๐ฆ๐ž๐๐š๐ฅ ๐จ๐Ÿ ๐‡๐จ๐ง๐จ๐ฎ๐ซ

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    With Eyes on Morocco, Botswanaโ€™s Mares Gear Up for WAFCON 2025 Amid Rising Hopes and Renewed Support

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The tricky budget

While acknowledging that the priorities that the government has identified in the Budget Strategy Paper that was unveiled this week are sound, economists have punched holes in the document that gives a sneak peek into the next national budget and identified the missing links in it. Staff Writer KABELO ADAMSON reports

mm by Kabelo Adamson
September 22, 2022
in News
Reading Time: 1 min read
0
The 2022 budget speech through the lens of a banker

GABORONE 7 February 2022, The minister of Finance and Economic Development Peggy Serame arriving to present the proposed budget 2022/23 financial year to the National Assembly in Gaborone on 7 February 2022. Serame is the first female finance minister in the country to propose the national budget in the parliament. Serame is carrying a bag which is made in Botswana. (Pic: MONIRUL BHUIYAN/PRESS PHOTO)

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Priorities that will guide government spending in the next financial year (2023/2024) have been set out in a recently released Budget Strategy Paper (BSP) that sets the tone for formulating the next national budget.

According to the Ministry of Finance, development of the BSP is part of the annual budget preparatory process and is meant to enhance understanding of the broader macro-economic and fiscal issues that will guide prioritisation of budget allocations for the coming financial year. It also identifies national strategic priorities that the government seeks to focus on in the next financial year in line with the latest global, regional and domestic socio-economic developments.

Digital transformation, business environment reform, infrastructure development, value chain development, and sustaining livelihoods have emerged as key strategic priorities for the next financial year that will start on 1st of April 2023.

To unpack the BSP and the priority areas identified, the Ministry of Finance held its annual Budget Pitso this week to which economists, civil society and other interested parties were invited.

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Tags: Budget PitsoBudget Strategy PaperForeign Direct Investment

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