Moody�s sees a wider budget deficit for Botswana
Friday, August 28, 2015

Kenneth Matambo
The 2016-2017 Budget Strategy Paper (BSP) released by the finance ministry last week, estimates the economy to grow by 2.6 percent while the budget balance is now seen posting a deficit of P4.03 billion or 2.6 percent of GDP.
In February, finance minister Kenneth Matambo announced a growth target of 4.9 percent for 2015, while the budget was seen posting a surplus of P1.23 billion or 0.8 percent of GDP. The revision of the 2015/16 budget outrun was largely attributed to a P3 billion fall in SACU revenues, which are paid in advance for the 2015, from the original estimate of P16.34 billion (29.5 percent of GDP) to P13.75 (26.6 percent of GDP).
Botswana for the longest time was known for her virulent peace with family being an enviable institution.As the media, we are also scared to be incessantly reporting on these bloody scenes where women are brutally murdered and worse, sometimes in front of their children and loved ones. Yes, we have reported cases where men were also brutally murdered by their loved ones, but such cases are a drop in the ocean.For the past two weeks, Botswana was...