Botswana: Govt Cleared to Withdraw P23.4 Billion From Consolidated Fund

Gaborone — Parliament has approved revenue appropriation of over P23.4 billion thus authorising government to withdraw funds from the consolidated fund for state expenditure to enable implementation of approved budget priorities.

Government funds include three main funds which are appropriated for, in order to ensure accountability and compliance with budgets and legal restrictions. The Consolidated Fund, is the major fund established in the country’s Constitution into which all government…