Botswana's Khama to get $419,000 retirement pay

President of Botswana Ian Khama. FILE | NATION MEDIA GROUP 

Botswana outgoing President Ian Khama has been allocated $419,760 (P4.3 million) for his retirement, local media confirmed Sunday.

According to the Mmegionline newspaper, he will receive his first lumpsome pay in the financial year starting April 1, 2018, right after his vice, Mr Mokgweetsi Masisi, takes over power.

President Khama, 64, has been in power since 2008 and will be replaced in March by Mr Masisi.

“The draft estimates of the 2018-2019 budget indicates that Khama’s retirement office has also been allocated $181,546 (P1.73m) for external travel and $15,216 (145,000) for his internal trips,” the Mmegionline said.

On his furniture and equipment, the government will spend $15,741 (P150,000), while another $15,741 (P150,000) is categorised as “grounds – maintenance and running expenses”.

According to the newspaper, the soon-to-be former president will enjoy $18,364 (P175,000) for incidental expenses, $10,494 (P100,000) for “domestic and household requisites”, $10,494 (P100,000) for office supplies, $26,235 (P250,000) for postal charges and $39,877 (P380,000) for “service charges”.

Another $11,892 (P113, 330) has been budgeted for maintenance of equipment, vehicles and plant, as well as computer consumables.

The office of former President Festus Mogae has a budget of $314,820 (P3.6m) for 2018-2019, a slight reduction from the 350,800 (P3.8m) allocated in the 2017-2018 financial year, the Mmegionline says.

Rights record

Botswana is one of the Africa’s most stable countries and the continent's longest continuous multi-party democracy.

The southern African nation is relatively free of corruption and has a good human rights record.

Khama is the fourth president of Botswana since the country’s independence from Britain in 1966.

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