Business Botswana Gives Budget Speech Thumbs Up

Business Botswana (BB) has given the current proposed budget for 2019/2020 a thumbs up noting that it is positive from a macroeconomic point of view.

According to the organisation, in a challenging revenue environment, spending increases are modest and as a result the budget entails a manageable deficit.

“We do not expect the budget to be inflationary. The deficit also provides an opportunity for the government to issue bonds especially in the current low interest environment. Domestic institutions have funds that are available to invest in government bonds,” said BB 

Editor's Comment
CAF is a joke, but...

We are told of massive spin-offs for hosting countries, which we assume was the catalyst behind putting in the bid.We are not too sure if it is a one-size fits all, where any hosting nation reaps the benefits or it’s on a case-by-case basis.There are arguments from both ends, with hosting a sure way to accelerate infrastructure development and a guaranteed cash flow during the 30-days of the tournament.There is a bump in employment creation...

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