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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.

'Face to face with the man who tried to kill me'

Couple perishes in suspected 'passion killing' crash

Dimajwe duo arrested after missing assault victim found buried

Dikoloti escapes injury after car hits cow

Five-year-old boy hospitalised after road accident in Mogoditshane

UDC rolls out 'promised' child grant

BPF to hold first youth, women congresses

Of borrowed wheels and brand new GD6

Two-tier education system demands action