I am delighted to present the maiden statement for the 2011 Working Session for the SADC Association of Parliamentary Budget Committees (SADCAPBC), a regional initiative that I have presided over since inception in July 2010. It is with great pride and honour that I wish to confirm the growth of the project since then both in terms of membership and scope.
THE Board of Trustees of the Southern African Parliamentary Support Trust (SAPST), at its inception in 2007, set its sights on a regional foothold for the organisation to ensure that its successes at home would cascade into the Southern African Development Community (SADC) region. SAPST broke new ground when, in 2016, it secured a two-year grant from the US Department of State, Bureau on Democracy, Human Rights and Labour (DRL) for a programme to be undertaken in Botswana, Lesotho and Malawi.
It is my pleasure to update you on the activities of the SADC Association of Parliamentary Budget Committees - a very strategic institutional framework that seeks to broaden the knowledge base and frontier for the Budget Committee in SADC member countries.
Parliament holds the 'power of the purse' which means that it authorizes all expenditures and all revenues to be collected by the executive and is empowered to hold the executive accountable.