Overview of 2023 Budget

Sectoral Issues and Allocations for 2023/2024 • Economic Sector Agric -M1,1 billion • Trade - ? NETE . Mining - ? • Tourism sector . • Resuscitation and enhancement of programmes such as the Basotho Diaspora Homecoming Event Availability of financial products and business support services for MSMEs • Need clear Govt policy to harness and coordinate support by Dev. Partners (such as AfDB, UN, World Bank, IMF, and so on) on private sector development Human and Social Development - very small multipliers thus need to review outputs and outcomes . • Health - M3,2 billion • Education - M2,8 billion • Not clear how to close the funding gap at secondary • Notable on recognition of ECCD and scaling it up to country level, but raises issues of access • Social - M1,4 billion - THEBE · Child Grants - from M120 to M200 · Disability Grants - from M400 to M600 • OVCs from 26 400 to 36 000 NETE THEBE

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