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
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?
“Desperate people do desperate things”– Michael BrooksHowever, this desperate pursuit of employment comes with its own negative outcomes. Therefore, Batswana must guard against becoming easy targets for human traffickers, labour exploiters and other transnational criminal networks that prey on vulnerable job seekers.Numbers don’t lie. The recent revelation by the Botswana Police Service that 22 Batswana have been reported missing after...