1. Cash forecasting and financial mgt controls
Pauline K Mpofu
Mompati D Nwako
Division of Budget Administration
Ministry of Finance & Development Planning, Botswana

2. Cash forecasting and financial mgt controls
Cash forecasts
The receipts and expenditures as outlined in the Governments Budget
Any shortfall has to financed in some way – cash (loans or drawing down reserves)
Botswana does not in the strict sense have cash forecasting

3. Needs for cash forecasting
Smoothening of seasonality of inflows against outflows
Ensure cash is available to meet Government obligations

4. Forecasting considerations
Factors peculiar to the revenue item
The base of the previous year
Capacity for growth

5. Management Controls Cash flow reporting Monthly, weekly, daily
Cash inflow control
Improved collection plans
Cash outflow control
Control of Cash balances

6. Other mgt controls considerations
Transparency
In account lines e.g subsidies
Foreign payments
Personal Emoluments/allowances