Times Of Swaziland: No allocations from the King this year No allocations from the King this year ================================================================================ LUNGA MASUKU AND TIMOTHY SIME on 05/02/2011 00:00:00 MBABANE – For years now, Swazis would look forward to the allocations of millions of Emalangeni that His Majesty King Mswati III made to different sectors of the economy in his speech from the Throne. But this was not the case yesterday, as the King did not announce any monetary allocations when he officially opened the third session of the ninth Parliament. Looking closely at the King’s Speech from the Throne for 2011, there was no mention of money. Major beneficiaries in the past years would normally include the elderly, orphaned and vulnerable children (OVC), farmers and Phalala Fund, just to name a few. Many of those interviewed believe that the ‘silence’ in terms of monetary allocations is a result of the country’s unfavourable financial position. The King clearly said that the country was faced with a number of challenges, especially financial problems. Challenges "Like most developing countries, we are faced with serious challenges as a result of the global economic crisis, which has resulted in general slowdown in economic activity in the world economy. In our case, these global events have affected us considerably because they have led to the decline in the revenue from the. In this regard, the decline in the SACU revenue has affected some of our programmes and projects. Solution "The nation is looking forward to the forthcoming Heads of State Summit coming up with a lasting solution to the SACU sharing formula that will be accepted by all member states," he said. In the 2009 speech, the King gave a total of E539 million to disaster management, orphaned and vulnerable children and free education, health, the elderly, Youth Fund and the Regional Development Fund. However, in the 2010 Speech, the King made only two allocations – E62 million for the Farmers’ Fund and E1.5 billion for proper housing. Meanwhile, the King drew strength from the establishment of the Swaziland Revenue Authority (SRA), which he expected to be robust in its operations and work towards achieving set targets. Dedicated The King said the SRA needed to be dedicated to its assignment if the country was to improve national coffers. "We trust the officers within the authority will work hard in order to justify its establishment. I call upon the whole nation to support the authority in order for it to fulfill its mandate," said His Majesty. Finance Minister Majozi Sithole said there was nothing sinister with His Majesty not giving out money in this year’s speech from the throne. "The King uses his own discretion. He is not compelled to give out money. What is important is the policy direction that he gives to government as the year begins," the minister said. Bring Corrupt People To Book - King LOBAMBA – His Majesty King Mswati III wants all perpetrators of corruption to be brought to book. Speaking during the official opening of the third Session of the ninth Parliament, the King called for serious action against moles that have permeated the country’s coffers. He said much has been said about this cancer that has destroyed the country’s economy and it was now time for action to be taken against such people. "Maswati! We have talked so much about the evil cancer that has destroyed many economies of the world. People have been deprived of social services and other developmental program-mes. As the kingdom of eSwatini, we have not been spared from this mole as it has permeated into many of our programmes for development. I am talking about corruption, which continues to show its ugly head in our country," he said. "We have seen several institutions suffering from this cancer and I have been informed that government and other institutions have also been victims. Justice "Government has lost millions to suppliers and other people who continue to siphon tax-payer’s resources illegally. Let all perpetrators of this cancer be brought to justice," His Majesty sternly said. The King sent a message to all those who tender for government projects, whether big or small. "Ministries should ensure that tenders do not escalate to unacceptable levels. Companies must be held accountable to their tender agreements and all future projects should stick to their tender prices. We need to improve our monitoring and implementation of government projects, if we are to improve our country," His Majesty said. He said the current financial setbacks should not distract the country from its national vision. The King said the country was a nation that has set high goals to be achieved and it needs to keep constantly monitoring implementation and progress of set targets in this regard. "Government should not lose touch with the people. We must continue promoting the spirit of consultation and engagement through dialogue forums for the sharing and exchange of ideas, as this is a fundamental recipe for peaceful development," explained the King.