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Lesotho: 2018-17 Budget to Move Country Forward – Finance Minister
Source: Lesotho Government Portal
Source Date: Wednesday, March 07, 2018
Focus: Citizen Engagement, Institution and HR Management
Country: Lesotho
Created: Mar 07, 2018

He added that the government has launched the Lesotho Youth Employment grant which is a program that offers a comprehensive solution in helping young entrepreneurs in the country to access financial assistance.
He said the grant will support the high potential, innovative and impactful start-up ideas and empower the existing youth and women-run enterprises to expand and access new markets or develop new products and services beyond their current limited capacities.

Speaking at the same event, a members of Finance and Budget Committee and also the Minister of Communications, Science and Technology, Chief Thesele Maseribane said during the budget process, they learnt that there was need to address some of the challenges facing the government which included among others, opening of new bank accounts for projects as well as delay in payments made by the Treasury.

He also emphasised need for the government to make politicians and members of the public understand how the severe pressure of the wage bill could be improved. 

In conclusion, Finance and Budget Committee Chairperson and also the Deputy Prime Minister, Mr. Monyane Moleleki commended the Committee, Senior government officers and all officers for their contribution in the planning of 2018/19 budget.

He also urged all government Ministries to unite for the development of the country.

Among other questions that were raised by the participants included financial support for small businesses, minimisation of costs for Ministers international trips, trainings for small entrepreneurs and tax payments for small entrepreneurs.

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