Liquidity levels shoot as BoB rectifies data error
Friday, September 22, 2017
The BoB has revised upwards liquidity figures from January 2016
A bank’s liquidity refers to its ability to meet all anticipated obligations such as funding loans or debt payments using available funds without having to liquidate other assets.
The recently released Botswana Financial Statistics (BFS) report for July shows liquidity levels are now higher from previously published figures with numbers having been changed upwards from as far back as January 2016.
It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...