Matambo advises Mongolian MPs on mineral revenue use

The delegation consists of MPs who are members of the Budget Standing Committee of Parliament and their interest is in minerals as well as fiscal policy. Botswana has been selected together with Norway and Chile from which to benchmark.

When briefing the delegation of Mongolian MPs, Matambo told them that at independence in 1966, Botswana was one of the 25 poorest countries in the world and depended on grants from the United Kingdom to finance the government budget.