Bonds drive domestic govt debt up

Following its decision to develop and diversify financial markets through the regular issuance of bonds and treasury bills, Government domestic debt shot to P2.2 billion in March this year.

Prior to the March bond issue, government domestic debt had been sitting at P1.75 billion since June last year.

The Minister of Finance and Development Planning, Baledzi Gaolathe, launched a P5 billion 'Domestic Note Programme' under which there will be regular auctions of government securities last March.

Editor's Comment
We should care more for our infrastructure, road safety

These roads, which are vital conduits for trade and tourism, have long been in dire need of repair. However, while this development is undoubtedly a positive step, it also raises questions about broader issues of infrastructural management and road safety that deserve closer scrutiny.The A3 and A33 roads are not just any roads, they are critical arteries that connect Botswana to its neighbours and facilitate the movement of goods and people...

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