allAfrica.com allafrica.com 27 Jan, 2021 19:00 am

Lesotho: Govt Denies Nacosec Overspending

Lesotho: Govt Denies Nacosec Overspending
THE government has denied overshooting the Covid-19 budget, saying by December 2020, it had only spent about M341 million of the initial M698 million set aside to fight the pandemic.

Addressing the media yesterday, Dr Majoro's press attaché, Mosito Moqhekoana, said the Ministry of Finance had released only about M403 million to the Office of the Prime Minister, through the Disaster Management Authority (DMA), to spend on Covid-19.It was disbanded by new Prime Minister Moeketsi Majoro in June 2020 after he assumed office a month earlier.It was presented to the Minister in the Prime Minister's Office, Kemiso Mosenene, on 23 September 2020.Until end of October, of the approved M698 million by the parliament, the Ministry of Finance released M403, 514, 064 to the Prime Minister's Office for the Disaster Management Authority.

The Office of the Prime Minister belongs to the masses and people were confused at the reports that NACOSEC has already consumed M1, 5 billion.Those reports are untrue because only M403 million has been released to the office of the Prime Minister and it has only used M341 million (of that).

Read full story at allafrica.com