Sunday Standard

Accountant General flags rising domestic borrowing again
Botswana’s public debt position has edged higher, driven largely by a sharp rise in domestic borrowing, according to the Annual Statements of Accounts (ASA) for the financial year ended 31 March 2023. in 2024, the Accountant General Office also raised concerns about the government’s borrowing practices highlighting a significant rise in total outstanding debt for the fiscal year 2021/22.
Accountant General Tebogo Tumango has now warned that while debt levels remain within manageable thresholds, the composition and pace of accumulation point to growing fiscal pressure, particularly on the domestic market.
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The post Accountant General flags rising domestic borrowing again first appeared on Sunday Standard and is written by Portia Nkani