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Botswana: We Need to Cut Spending - Jefferis

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[The Patriot] Botswana's government debt has surged in recent years, particularly since the COVID-19 pandemic, raising concerns over its sustainability. During a presentation at an India Botswana Chamber of Commerce and Industry (IBCCI) business dinner, Dr Keith Jefferis projected government debt to rise from P30 billion to P91 billion by the end of 2025/26 financial year. While there is no immediate debt crisis, as debt servicing remains a small proportion of GDP and government spending, the rate at which debt is

Source: allAfrica.com

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