Botswana creditworthiness upheld
Tuesday, April 26, 2016
This followed a review that took account of the commodity price shock and impact on the country’s economic and fiscal strength.
“Moody’s noted that the current economic and fiscal challenges, emanating from the external environment, are appropriately captured by the A2 rating. “The rating is underpinned by Botswana’s continued fiscal resilience, which is supported by the current level of foreign exchange reserves, relatively low public debt and a track record of prudent rule-based fiscal policy, as well as a strong institutional framework,” stated the ratings agency.
The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...