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BoB’s voice in the wilderness hits home

Watching the numbers: Pelaelo PIC: PHATSIMO KAPENG
Watching the numbers: Pelaelo PIC: PHATSIMO KAPENG

For years, the Bank of Botswana has been warning about fiscal sustainability and the need for urgent reforms such as streamlining subsidies and broadening the tax base. Experts there say with the current level of spending, revenues and government’s savings, any new economic shock would cause a crisis. Staff Writer, MBONGENI MGUNI reports

Each year, the Bank of Botswana (BoB) carefully selects a theme topic for its annual report and for several years, the central bank has hammered home the ever increasing need to change the direction of the country’s economy.

The BoB is government’s economic advisor, an army of the country’s finest economic minds, highly trained in specialised and emerging subjects who spend their time analysing the risks and opportunities facing the country’s books.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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