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.
‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...