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.
“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...