Tag Archives budget

Endemic Mismanagement?

The government’s consolidated closing accounts for 2009 has been released to much uproar of the press, fitfully followed up by parliamentarian chagrin and threats to question ministers and impeach them should they be found wanting. Why? Because although the authorised and assigned government budget for recurrent expenditures and projects for 2009 was BD2.484 billion, only spent BD2.082 billion was spent, thus not utilising approximately BD400 million which equates to approximately 16% of the total. The most …