The 2016/17 national budget which carries an estimated deficit of over P6 billion due to an expenditure of more than P54 billion against revenues of over P48 billion is self-inflicted, said the MP for Tati East Samson Guma Moyo. Debating the consolidated and development funds estimates for 2016/17 for Ministry of Finance and Development Planning, Moyo said that the deficit is mainly caused by parastatals that are not making any profit but continue to milk money from government coffers through grants. “We cannot continue to throw money into the drain when is clear that these organisations will never recover,” said Moyo, calling on Minister Kenneth Matambo to tighten spending. Moyo, the former assistant Minister of Finance and Development Planning, implored on Matambo to take a bold decision and do away with nonperforming enterprises even if it will make him unpopular among politicians. Some of the organisations which Moyo said he doesn’t see the need for their existence include the National Development Bank (NDB), Botswana Meat Commission and Botswana Development Corporation (BDC). He advised that some of the parastatals should be merged as there is duplication of mandates. In his presentations, Matambo revealed that NDB is facing some challenges that characterised…