BoB targets P3.6bn for gov’t as new financial year kicks off
Friday, March 27, 2026 | 250 Views |
Central role: The BoB is government’s agent in the capital market PIC: MORERI SEJAKGOMO
The amount sought by the central bank is amongst the highest in recent months, as fiscal authorities continue to fight to balance weak and uneven revenues, with recurrent obligations in the public finance ecosystem.
The auction of three Treasury Bills and three bonds is also the first auction after the sovereign credit ratings downgrade by S&P, a decision that points to upward pressure on government’s borrowing costs.
‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...