EU grants Botswana P250M for budget support

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The European Union (EU) has given Botswana P250 million (26.6 million Euros) to finance short-term Fluctuations in Export Earnings (FLEX), Monitor Business has learnt.

The money came under an agreement between Botswana and the EU for the allocation of supplementary development funds.  Speaking at the signing ceremony in Gaborone last week, the Minister of Finance and Development Planning, Kenneth Matambo, said

FLEX would safeguard socio-economic reforms and policies that could be affected negatively as a result of a drop in revenue emanating from the 2009 financial and economic crises.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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