Economy braces as pula review date draws near
Friday, October 31, 2025 | 210 Views |
Decisions due: The Ministry of Finance and BoB are working on the pula exchange rate policy review
The last review, done on July 10, resulted in a faster depreciation of the pula, whilst changes to the central bank’s trading margins for foreign currency with banks kicked off economy-wide price hikes.
Authorities said the measures were critically needed to arrest the decline in the foreign exchange reserves, which defend the value of the pula, and also support export competitiveness to boost forex inflows.
With his theme of 'Delivering on Our Promise, One Step at a Time', he sought to project an image of a focused, determined leader building a new ‘Rome’. Sadly, parts of his speech were not about laying bricks, but about settling old scores.It is deeply worrying that a head of government would use such a pivotal national address to launch another bitter broadside against the media and his political detractors. His portrayal of the...