Is standard of FLT enough for LGs?

The FLT is a basic literacy test conducted to test the speaking and writing skills of local leaders The 12th Five Year Plan has further empowered the members of the Local Governments (LGs) in planning, budgeting and release of funds, which begs the question whether a simple Functional Literacy Test (FLT) is adequate to assess their […]

National savings plummeted by Nu 10bn in 2020

This is a growth of -20.99% in 2020 compared to 2019 The country’s economy witnessed a Gross National Savings (GNI) of Nu 40bn in 2019 against Nu 29.7bn last year, which is a drop of Nu 10bn. Of the total national savings, government savings was -Nu 23bn. Private savings (Households, Private and Public Corporations) was […]