Saturday, December 20, 2008

50% of the Financial Year Gone Already

So we should expect that half of the six billion rupees -- equally spread across six funds -- that were announced with so much fanfare in the last budget has already been spent. I have a couple of doubts that this has actually happened. Let me briefly explain. 

One of these funds, the Human Resource Development, Knowledge and Arts Fund, was hastily setup to give access to tertiary education to all of those who qualified for it. A few weeks after the budget speech the University of Mauritius announced that admissions had actually decreased by 17%! 

Another billion was suppose to be spent to ensure food security. Well, I only got back some absent looks when I asked someone close to the project back in September to confirm that at least Rs150 million had been spent which would have indicated that they were on track.

And then there's the billion for the ile durable stuff. Can't see really where Rs500 million has been spent since June. 

Do I need to go on?

1 comment:

Sanjay Jagatsingh said...

Dan enn ti pe plis ki kat mwa pu fer enn an ki nun sanz guvernman. Pa pu dir non? Enn an se 20% enn manda...