Foreign reserves buffer remain solid - BoB govern
Tuesday, November 29, 2016
Import cover measures the number of months a country’s available foreign exchange reserves in the central bank can cover the cost of imports.
Officially opening the just ended Global Expo and 4th Investment and Trade conference, Moses Pelaelo said Botswana’s foreign exchange reserves currently amount to U$7.4 billion (P76 billion) representing 18 months of import, which is equivalent to 53% of the GDP.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...