Econsult raises alarm on fiscal sustainability
Friday, May 03, 2024 | 420 Views |
Watching the numbers: Serame announced a considerable deficit in February that she plans to finance through domestic borrowing
Generally, Botswana is known for its prudent fiscal policy, with excess government earnings being saved or invested in offshore accounts to shield the mineral dependent economy from rainy days. Despite this track record, the government has, in recent years, been withdrawing significantly from these savings to finance national budget gaps.
The situation has decreased the economy’s resilience in the face of future shocks.
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...