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Budget speech to Parliament for the 2004/2005 Fiscal Year

Continuing to build Foundations for Sustainable Delivery of Services to the People

By Honourable Timothy T. Thahane, Minister of Finance and Development Planning

Maseru, Lesotho

16 February 2004

[Download complete speech - 156Kb ~ 1 min (29 pages)]     [ Share with a friend  ]


  1. It is a pleasure once again to stand before this Joint Session of the National Assembly and the Senate to fulfil three functions:

    • First, to give account of the Government's stewardship on the use of the funds Parliament appropriated for the fiscal year that is about to end;
    • Second, to outline the direction, strategies and actions that the Government plans to pursue in the coming years in order to fight HIV and AIDS; create jobs, reduce poverty and improve the quality of life for all Basotho;
    • Third, to present spending and funding proposals for the coming financial year for Parliament's disposal.

  2. Budget is important to the life of any nation. The public must therefore hear and discuss it and the officials explain as much as possible how it will affect them. I am pleased to report that this year the public can watch the proceedings at the National Convention Centre in Maseru and in Mafeteng and Leribe. They can listen to the radio broadcast of the speech at special community halls in Mokhotlong, Qacha's Nek, Mohale's Hoek and Thaba Tseka. Our excellent staff of professionals who helped me put this Budget together will be present at these locations to answer questions and provide explanations afterwards.

  3. Again, I will go to the Convention Centre after this speech to answer questions and queries from the public and the media. This is in keeping with the Government's philosophy to involve the people in the decisions that affect their lives and to bring services nearer to them.

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