US shutdown worries Khama

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FRANCISTOWN: The budget impasse in the US that has seen some 800,000 federal workers and scores of agencies out of work, has President Ian Khama worried.

"The US government shutdown is a drag on the world economy," Khama told a consultative meeting with civil servants in Tatisiding. "If the Americans do not agree by October 17, 2013, then the US would plunge into another recession in a space of about six or seven years," he said.

A sharply divided US Congress failed to agree on short-term funding for the government to pay its bills, when the fiscal year ended a few weeks ago.

Editor's Comment
Women unite for progress

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