Source More Funding Locally, BIHL Urges Govt
Monday, June 11, 2018
Current fiscal rules limit government debt to 40% of GDP with a 50/50 split between domestic and offshore funding.
By March 2018, domestic debt amounted to P10.2 billion or about half the fiscal limit, while external debt, by March 2017 was pegged at P16.7 billion. March 2017 marks the last available official data for external debt, which mostly comprises loans from international financiers, particularly the African Development Bank, which lent Botswana $1.5 billion in 2009.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...