Botswana sharply reduces budget deficit forecast on revenue boost from central bank
Botswana sharply reduces budget deficit forecast on revenue boost from central bank
Botswana now expects a much smaller budget deficit this fiscal year thanks to higher-than-expected revenue from the central bank and measures to contain spending, Finance Minister Ndaba Gaolathe said on Tuesday. Gaolathe told an investment conference that the projected deficit for the 12 months to the end of March 2027 was 9.26 billion pula ($646.35…
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Botswana now expects a much smaller budget deficit this fiscal year thanks to higher-than-expected revenue from the central bank and measures to contain spending, Finance Minister Ndaba Gaolathe said on Tuesday. Gaolathe told an investment conference that the projected deficit for the 12 months to the end of March 2027 was 9.26 billion pula ($646.35…