the monitor

Botswana faces tighter fiscal space, weaker buffers

Gaolathe. PIC PHATSIMO KAPENG
Gaolathe. PIC PHATSIMO KAPENG

FRANCISTOWN: The Vice President of Botswana, Ndaba Gaolathe, has warned that the country faces tighter fiscal space, weaker buffers, and a narrow growth base that isn't translating into jobs and rising household incomes.

Speaking at the Budget Pitso, Gaolathe said Botswana's economic model, heavily reliant on diamonds and government intervention, can't sustain the country in the same way it has for decades.

Gaolathe highlighted global uncertainty, market volatility, and uneven growth as contributing factors. "The era of ample fiscal buffers, healthier reserves, and the confidence to design and fund reforms has passed," he said.

Editor's Comment
Mabogo dinku a thebana

According to both the acting director of Veterinary Services, Kobedi Segale and acting Lands and Agriculture minister, Edwin Dikoloti, the virus currently raging through the North-East mostly likely first entered the country during the festive season.From the “unprecedented” number of cases picked in testing last week, it is likely that cattle and other livestock could have been infected last year, without being reported.Animal health...

Have a Story? Send Us a tip
arrow up