Matambo updates Parly on Botswana debts

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The Minister of Finance and Economic Development, Kenneth Matambo told Parliament that at the end of March 2018 there were nine international financial institutions including Regional Financial Institutions that Botswana Government owed.

Matambo was responding to a question from the Selebi-Phikwe West MP Dithapelo Keorapetse in Parliament yesterday.

Keorapetse had asked for the names of international financial institutions including regional one owed and how much each institution is owed, including the original loan amount, interest charged, outstanding balance to be paid and the terms of payment. He also wanted to know the purpose for which each loan was acquired and update on progress of the same.

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