mmegi

Botswana’s rising government debt

Friday, October 28, 2022 | 1040 Views |

Balancing act: Serame’s inflation relief was necessary but is expected to widen the budget deficit and require further funding PIC: MORERI SEJAKGOMO

The country's national debt rises year-on-year with 2021 closing off at $3.5 billion (approximately P38 billion), a cumulative rise of 0.5 percent from 2020.

This is estimated around the same levels ten years back although it had been brought down over the years as a percentage of the Gross Domestic Product (GDP). Does this development raise any eyebrows?

Many may wonder what has contributed to these significantly high levels of debt and if this is sustainable in the long term. Can the economy survive in the wake of another global recession or global crisis?

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

A promising step for public schools, but...

The Monitor Editor | 18 h ago

Does the left hand know what the right hand is doing at BFA?

Mqondisi Dube | 18 h ago

New public co. to transform school infrastructure

Innocent Selatlhwa | 15 h ago

Parly rejects motion on judicial officers' 'security unit'

Pini Bothoko | 15 h ago

Keorapetse rules on Moswaane's exaggerated counterfeit medicines claims

Larona Makhaiza | 15 h ago

Small stock theft hits Serowe

Pini Bothoko | 15 h ago

Woman torches boyfriend's house after finding another woman

Pini Bothoko | 15 h ago

Dog found feeding on foetal remains in Nkoyaphiri

Pini Bothoko | 15 h ago

A promising step for public schools, but...

For too long, the state of many public schools has been a source of shame. We have all seen the pictures and heard the stories of broken windows, unreliable water and electricity, topped by classrooms that are not fit for proper learning. The establishment of the Education Infrastructure and Management Company Ltd (EIMC) signals that authorities are finally ready to take this problem seriously. We must commend the government for this initiative....

The Monitor Editor | 17 March 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

Botswana’s rising government debt

The country's national debt rises year-on-year with 2021 closing off at $3.5 billion (approximately P38 billion), a cumulative rise of 0.5 percent from 2020.

A promising step for public schools, but...

Does the left hand know what the right hand is doing at BFA?

New public co. to transform school infrastructure

Parly rejects motion on judicial officers' 'security unit'

Keorapetse rules on Moswaane's exaggerated counterfeit medicines claims

Small stock theft hits Serowe

Woman torches boyfriend's house after finding another woman

Dog found feeding on foetal remains in Nkoyaphiri

A promising step for public schools, but...