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Gov’t aims for P3.5bn in fresh debt bid

Friday, May 23, 2025 | 200 Views |

The Bank of Botswana (BoB) was this week due back in the capital market seeking P3.5 billion in debt for government, the latest in increasingly difficult and costly fundraising efforts to support the budget.

Government is counting on its domestic debt programme to primarily support the forecast P22.1 billion deficit for the 2025–2026 financial year, with external loans playing a smaller role.

However, bidders at the monthly auctions of the government notes have increasingly pressed for higher returns for the funds they are lending government, resulting in the BoB missing the debt targets consistently since July last year.

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Gov’t aims for P3.5bn in fresh debt bid

The Bank of Botswana (BoB) was this week due back in the capital market seeking P3.5 billion in debt for government, the latest in increasingly difficult and costly fundraising efforts to support the budget.

Govt inks $4bn renewable energy deal with Indian firm

Detained Mexican 'Drug Kingpins' wanted in Mozambique

Greater Gaborone gets P534m hi-tech traffic eye

Ramogapi, Palapye’s dapperly garbed legislators

Citizenship isn't for sale—Mokgware

Intervene early, don't rely on death penalty—Boko

Micro-procurement maze demands urgent reform

Christmas tree charcuterie

Micro-procurement maze demands urgent reform