Public debt trajectory worrisome – Mokhurutse

Friday, February 20, 2026 | 90 Views |

Sharing insights: Mokhurutse speaks in Francistown PIC: ACCESS BANK

FRANCISTOWN: Kgori Capital investment analyst, Kitso Mokhurutse, says while absolute debt figures revealed in the recent budget are understandable, the trajectory of the numbers over the years is a concern.

As at December 2025, total public debt, including sovereign guarantees, amounted to P90.03 billion, or 33.02% of the Gross Domestic Product (GDP). By the end of the 2026–2027 financial year, the government expects public debt to reach 44.6% of GDP, above the 40 percent of GDP fiscal limit.

Speaking at the Access Bank budget review, Mokhurutse said that whilst the debt levels are reasonable in absolute terms, the trajectory is very worrisome.

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Public debt trajectory worrisome – Mokhurutse

FRANCISTOWN: Kgori Capital investment analyst, Kitso Mokhurutse, says while absolute debt figures revealed in the recent budget are understandable, the trajectory of the numbers over the years is a concern.

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