Replenish Pula Fund for postery-IMF

In a statement released this week at the conclusion of a recent mission to Botswana, the IMF said government has an overwhelming task of cutting down its expenditure, which as a percentage of the Gross Domestic Product (GDP) is higher than international standards, through thorough evaluation of the quality of spending. Said the statement:

"Botswana faces the daunting challenge of reducing the relative size of the government in the economy. The government's overall expenditure envelope (as a share of GDP) is very high, thus warranting a thorough assessment of pockets of unproductive spending and ways to increase efficiencies.