Botswana Economy To Expand By 5%-Moody's

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Leading global credit ratings agency, Moody's, predicts that Botswana's economy will grow by five percent and shrug off the anticipated negative effects of running multi-billion pula deficits and increased debt.

In a credit research note released last Thursday, Moody's said Government's savings lost to the financing of last year's P13.4-billion deficit were now being rebuilt through mining input and rising diamond prices.

The agency said Botswana's debt would remain below a quarter of the Gross Domestic Product as it was largely financed from savings or bonds "in the very liquid domestic market".

Editor's Comment
Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

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