Mr Batshu had asked the minister how many matimela cattle were collected by the Tutume Sub-district Council during 2016/17, 2017/18 and 2018/19
financial years. The legislator also wanted to know if the minister was satisfied with the rate at which matimela cattle were collected in that sub-district Council and if not, what action would be taken to improve the situation.
Electronic revenue collection company - JamboPay - has denied reports of an inconsistencies in revenue collected in
financial year 2017-18.
Conditional upon these developments, the average inflation for
financial year 2017-18 is projected to remain within SBP's model-based range of 3.5-4.5 percent whereas the average
financial year 2018-19 inflation is estimated to be marginally above the annual target of 6 percent.
Revenue for the
financial year increased to $14,660,329 from $7,969,480 in the 2006
financial year, which represents a 84% increase.
He said the
financial years outreach programmes budget variances stood at P675 327 for 2016/2017, P33 504 for 2017/2018 and P51 429 for 2018/2019.
Development expenditure as a percentage of national government revenue is at 30.2 per cent and is expected to rise 20 basis points in the next
financial year. The projected expenditure for 2018-19 year will, however, be 1.4 per cent lower on gross domestic basis compared to the current
financial year whose expenditure to GDP is at 26.8 per cent.