Govt could hike P15bn bond limit, move to monthly auctions

Friday, June 28, 2019

The Bank of Botswana wants to see changes

The Bank of Botswana (BoB) is advising government to raise the P15 billion note issuance programme for domestic bonds and increase the frequency of auctions from quarterly to monthly, as a way of triggering local growth.

The central bank, as policy advisor to government, is leading the review of the Medium Term Debt Management Strategy, which initially ran from 2016/17 to 2018/19.

The BoB and other experts believe government’s traditionally conservative approach to raising debt, particularly domestically, is limiting opportunities for enhanced infrastructural growth led by the private sector and in turn impacting on job creation.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

The Metropolitan Chess Championship got underway at the President Hotel on Thursday. PIC: MORERI SEJAKGOMO

Stage set for Metropolitan chess championship

Calistus Kolantsho | 13 h ago

Coal output drops

Mbongeni Mguni | 14 h ago

Soldier faces charge for cop's murder

Larona Makhaiza | 16 h ago

Batswana join global search for HIV cure

Mbongeni Mguni | 12 Apr 2024

Win propels Galaxy five points clear

Larona Makhaiza | 1d ago

Mobile money reaches P26bn

Mbongeni Mguni | 1d ago

BAC forges path in Data Intelligence

Phatsimo Kapeng | 1d ago

ODC gives BNOC P500,000 for Olympics

Calistus Kolantsho | 1d ago

Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

The Monitor Editor | 15 April 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More