PAC laments lack of debt management policy

The Money for Value Audit report of the 2013 Public Accounts Committee (PAC) has highlighted the need for a debt management policy to be put in place as the economy has in the last five years experienced rising debt and budget deficits.


For th resulted in debt management being viewed as a simple operation, which did not require high level planning, thhe past four decades, the country has been enjoying comfortable budget surpluses and low levels of debt, whice report states.

Editor's Comment
Our digital safety is in our hands

That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...

Have a Story? Send Us a tip
arrow up