Gov't suspends GPOs amidst liquidity crunch
Tuesday, July 15, 2025 | 530 Views |
Kganetsano further stated that whilst MOF has been steadfast in cautioning MDAs on their spending in view of the current financial situation
This was announced by Permanent Secretary in the Finance ministry, Dr Tshokolo Kganetsano, through a savinggram dated July 10, 2025. He explained that the challenges are due to the continued significant decline in revenue inflows, which, to a large extent, are caused by the decreased diamond sales, which have been the main source of revenue for the government.
“Based on the current situation, the government is therefore compelled to take immediate action, which requires concerted effort across all Ministries, Departments, and Agencies (MDAs) to ensure financial stability and sustainability.
‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...