Business Botswana Gives Budget Speech Thumbs Up

Monday, February 11, 2019

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

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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.