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GOVT WANTS CONTROL OVER ECONOMIC GROWTH- DR MATLANYANE

The Minister of Finance and Development Planning, Dr Retšelisistsoe Matlanyane says the Government of Lesotho has contributed more to its budget in order to take control of its economic growth. The Minister said this when wrapping up the debate over the motion for Members to give general approval to the financial proposals contained in the […]

MPS ADOPT SUPPLEMENTARY APPROPRIATION (2019/20) BILL

Members of the National Assembly on Monday adopted the Supplementary Appropriation (2019/2020) Bill, 2020. The Minister of Finance, Mr. Thabo Sophonea said the government had to request a supplementary budget from the consolidated fund, after realizing that some of the projects were still pending but the budget allocated for such projects had been exhausted. He […]

2022/23 BUDGET SPEECH POSTPONED

The Minister of Communications, Science and Technology, also Government Spokesperson, Mr. Tšoinyana Rapapa has announced that the presentation of the 2022/ 23 Fiscal Budget which was meant to be presented in the National Assembly on February 25, 2022 (Friday) has been postponed. Mr. Rapapa said the Minister of Finance, Mr. Thabo Sophonea will therefore present […]

SENATE APPROVES 2021/2022 APPROPRIATION BILL

The Senate has agreed on the passing of the Appropriation (2021\2022) Bill before the house in a sitting held in Maseru on Tuesday. Tabling this bill in the Senate, the Minister of Finance,  Mr. Thabo Sophonia said the bill was prepared in accordance with Section 112 (1) and (2) of the constitution of Lesotho. He […]

2021/2022 BUDGET SPEECH ON WEDNESDAY

The Minister of Finance, Thabo Sophonea will present the 2021/2022 Budget speech to Parliament on Wednesday of 17th February 2021. This is according to the Principal Secretary in the Ministry of Finance, Ms. Nthoateng Lebona. Ms, Lebona disclosed that this event will be a live broadcast on both television (Lesotho Television) and radio nationwide. She […]