SUPPLEMENTARY BUDGET NEEDED URGENTLY

Mr Speaker, I will confine my comments to Revenue, Expenditure, Foreign Currency, State-owned Enterprises, Debt and Foreign Aid. Revenue Treasurer; You said that the Government is [quote] “slightly behind on revenue”, with revenue for the first 5 months K974 million – or 19% - less than budgeted. A few days later the Finance Minister said revenue was down by K2 billion – K1.25 billion greater than your figure. Who is right? You, or the Finance Minister? And whether the revenue shortfall is K974 million or K2 billion, neither figure is “slight”, as you describe it. Very loud alarm bells should be ringing in your ears. Because first, the shortfall indicates that the budget is way off mark, bo

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