Sunday Standard

Finance Ministry seeks P85bn borrowing limit
As the global diamond market downturn continues to squeeze government revenues, the Ministry of Finance is seeking Parliament’s approval to increase Botswana’s domestic bond issuance ceiling to P85 billion, arguing that the existing P55 billion programme is nearing exhaustion after years of heavy borrowing to finance widening budget deficits.
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The post Finance Ministry seeks P85bn borrowing limit first appeared on Sunday Standard and is written by Sunday Standard Reporter