The one year financial cycle is said to be working against the Botswana Defence Force (BDF) in order for them to expand their developmental expenditure, revealed the army commander Lieutenant General Placid Segokgo. Appearing before the Public accounts Committee (PAC) General Segokgo said that the one year financial cycle is a pain to them as it is far too short making it difficult for them to procure some of their equipment and do maintenance which sometimes takes over two years. “Globally there is no defence force that practices one year cycle due to the nature of the equipment being used,” he said. Segokgo said the one year financial system must be interrogated and debated adding that they have engaged Ministry of Finance and Development on the issue but they had other views. He proposed a rollover budget which is the revised set of financial plans for the next accounting period used to replace the prior one in a continuous budgeting system. Segokgo said the one year financial cycle has the potential to compromise their operations budget and implored legislators to look at the issue. Member of PAC Ndaba Gaolathe concurred with General Segokgo adding that they have in the past…