Economic Reforms in-roads

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Economic Reforms in-roads
Economic Reforms in-roads

Africa-Press – Lesotho. The National Reforms Authority (NRA) in cooperation with Development for Peace Education (DPE) have reported on the achievement made on goals that were set in the process of the

national reforms. NRA has so far developed reports and drafted bills that were submitted to Parliament for scrutiny and adoption. Other notable achievements

were the establishment of the Amendments to the constitution for Auditor General and the involvement of the Central Bank of Lesotho (CBL) to be amended

to the constitution. Speaking at the meeting, NRA Committee Chairperson ‘Mammako Mohale Lerata said the preparation of economy is an exercise which takes time, saying in the process, the committee

decided to approach the relevant stakeholders and ministries which are the Ministry of Development Planning, the Ministry of Trade and Industry, the Ministry of

Mining, CBL, the Auditor General, Accountant General, Lesotho Millennium Development Authority, Captains of the Mining Industry and the former Prime Ministers since they trace from the root where economy is intended.

She stated the former Prime Minister (PM) Dr. Pakalitha Mosisili, former Deputy Prime Minister Kelebone Maope and Hon. Selibe Mochoboroane were very cooperative.

“In our development we managed to make consolidated Fund from the Amendments to the constitution that

already existed, we only worked on numbers, in the Supplementary Budget and Contingency Fund we also worked on numbers. On the Remuneration of Captain Officers we created Remuneration

Authority which will transparently allocate civil servants salaries. We also came up with a Public Debts Fund, which will outline steps to guide application

of loans by the government, such that they are responsible and truthful. If ever the country incurs debts, such debts shall be identified or inspected by the

National Development Commission. “The Accountant General – now assumed by ‘Malehlohonolo Mahase will deal with assets and liabilities of the country, also show the condition of the assets and liabilities and sign the

certificates of liabilities, as opposed to now when she signs them yet she was not included into plans for taking loans, hence we propose for her to be

included so that she can present the informal report first,” Lerata informed. She added that it is the role of the Accountant General who keep records, pass them to the Minister of

Finance and take the report to the cabinet where they established the Economic Advisor Council which was not there, then pass the report to Ministries Council for them to understand the reports, so that the parliament can make an informed decision.

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