Budget 2007/08: Ambitious Budget, but could be constrained by low government absorption capacity


Theme: General

Budget 2007/08: Ambitious Budget, but could be constrained by low government absorption capacity    |   File Size: 299.85 kB Downloads: 2990   |   Post Date: 14 June 2007

On Thursday June 14th 2007, the Minister for Finance presented Budget 2007/08 to the House. The theme of this year’s budget in a way reveals that this is the last budget to implement the Economic Recovery Strategy for Wealth and Employment Creation (ERSWEC) 2003-2007, to be succeeded by Vision 2030. In addition to  the  budget  speech,  the Minister  tabled  the  Finance  Bill  2007,  the  Financial Statement  2007  and  the Estimates of Revenue 2007/08.This Budget Guide 2007/08 is intended to inform budget debate in parliament.


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