The Acting President and Minister of Finance, Mr. Ndaba Gaolathe, officiated at the Budget Pitso for general stakeholders yesterday, signaling the government’s commitment to inclusivity and transparency in fiscal planning. The event, held under the theme “Sustainable Growth Through Inclusive Budgeting,” provided a platform for stakeholders to engage and contribute to the national budgeting process.
In his keynote address, Mr. Gaolathe emphasized the importance of a collaborative approach in formulating the national budget. He highlighted that the government’s financial strategies aim to promote sustainable economic growth while addressing the needs of all citizens.
“This platform allows us to ensure that diverse voices are heard as we craft a budget that reflects the aspirations and priorities of our nation,” he stated.
The Acting President stressed the need for fiscal discipline, efficient resource allocation, and innovative solutions to address the challenges of unemployment, poverty, and climate change. He assured attendees that the government remains committed to balancing short-term needs with long-term economic goals.
During the Pitso, stakeholders from various sectors, including business, civil society, and academia, engaged in discussions on critical issues such as infrastructure development, education, healthcare, and economic diversification. Their inputs are expected to inform the upcoming budget and ensure it aligns with the country’s developmental objectives.
Mr. Gaolathe also reiterated the government’s pledge to uphold accountability and transparency in public financial management. He expressed optimism that the deliberations would pave the way for a more inclusive and impactful budgeting process.
The Budget Pitso serves as a vital mechanism for fostering dialogue between the government and its citizens, reinforcing the principles of participatory governance and collective progress.
