Gov’t pursues P5bn in budget support loans
Friday, December 09, 2022 | 600 Views |
Watching the books: Serame sought Parliament’s fast-tracked approval of two loans this week PIC: PHATSIMO KAPENG
The African Development Bank (AfDB) separately says its board has approved a $179.7 million (P2.3 billion) loan to help Botswana “restore post-pandemic fiscal stability and economic recovery”.
While the AfDB loan is the second tranche of a facility that disbursed $137 million last year, the JICA and OPEC Fund facilities are new direct budget support for Botswana.
‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...