{"id":2608,"date":"2022-02-16T12:50:08","date_gmt":"2022-02-16T12:50:08","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/all-news\/new-budget-speech-model-hailed-as-sustainable"},"modified":"2022-02-16T15:57:19","modified_gmt":"2022-02-16T15:57:19","slug":"new-budget-speech-model-hailed-as-sustainable","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/new-budget-speech-model-hailed-as-sustainable","title":{"rendered":"New budget speech model hailed as sustainable"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Botswana. <\/strong><\/span><b>BOPEU have hailed the recently tabled budget proposal as feasible and sustainable as it prioritises development expenditure over recurrent expenditure.<\/b><\/p>\n<p>In their review paper BOPEU observes that the 2022\/2023 budget speech projected a comparatively different fiscus position as has been the trend with the previous budgets.<\/p>\n<p>A move for a larger proportion of the government spending to development expenditure usually paralleled with investment (development projects and maintenance of social and economic infrastructure) as opposed to the recurrent expenditure mostly paralleled with consumption [wages and salaries, grants and subventions to local authorities and State-Owned Enterprises (SOE\u2019s)].<\/p>\n<p>This is a feasible and sustainable development to economic growth rates, the Union observed, adding that unemployment has for the past years been a great socio-economic drag in Botswana, therefore, this policy mix seems to be a move in the right direction with regards to employment creation.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/botswana\">Botswana<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Botswana. BOPEU have hailed the recently tabled budget proposal as feasible and sustainable as it prioritises development expenditure over recurrent expenditure. In their review paper BOPEU observes that the 2022\/2023 budget speech projected a comparatively different fiscus position as has been the trend with the previous budgets. A move for a larger proportion [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":2607,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,237,234],"class_list":["post-2608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-botswana","tag-botswana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>New budget speech model hailed as sustainable - Botswana<\/title>\n<meta name=\"description\" content=\"BOPEU have hailed the recently tabled budget proposal as feasible and sustainable as it prioritises development expen ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/new-budget-speech-model-hailed-as-sustainable\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New budget speech model hailed as sustainable\" \/>\n<meta property=\"og:description\" content=\"BOPEU have hailed the recently tabled budget proposal as feasible and sustainable as it prioritises development expen ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/new-budget-speech-model-hailed-as-sustainable\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-16T12:50:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-16T15:57:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2022\/02\/img-620d1ec6e9cae.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"489\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/new-budget-speech-model-hailed-as-sustainable#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/new-budget-speech-model-hailed-as-sustainable\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"New budget speech model hailed as sustainable\",\"datePublished\":\"2022-02-16T12:50:08+00:00\",\"dateModified\":\"2022-02-16T15:57:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/new-budget-speech-model-hailed-as-sustainable\"},\"wordCount\":161,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/new-budget-speech-model-hailed-as-sustainable#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2022\/02\/img-620d1ec6e9cae.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Botswana\",\"Botswana\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/new-budget-speech-model-hailed-as-sustainable#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/new-budget-speech-model-hailed-as-sustainable\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/new-budget-speech-model-hailed-as-sustainable\",\"name\":\"New budget speech model hailed as sustainable - 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