Higher BoB revenues pull budget out of deficit
Wednesday, November 08, 2017
Bank of Botswana
In the last State of the National Address before he leaves office next year, President Ian Khama on Monday said the final estimates for the 2016/17, government budgets show a surplus of P1.1 billion, compared to a revised budget estimate of a deficit of P1.12 billion.
The Ministry of Finance and Economic Development was expecting to run budget deficits from 2015 to 2020, and the new surplus figures break the deficits forecast.
‘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...