Budget deficit expected to decline
For the longest time Botswana has been battling budget deficits that have been growing over the years.
But with the National Development Plan 12 (NDP 12) at hand, there is a ray of hope amid the doom and gloom as the deficit is expected to gradually decrease.
With the budget deficit for 2022/23 financial year currently standing at P7.6 billion, it is projected that the 2023/24 financial year will see the deficit reduced to the considerably lower figure of P163 million, creating an almost balanced budget.
This will coincide with the impleme...
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In this article:2022/23 financial year, 2023/24 financial year, Batane Matekane, Communication Technology (ICT), Director of Macro Economic Policy at the Ministry of Finance, Energy, Government Investment Account (GIA), Information, minerals, Minister of Finance, National Development Plan 12 (NDP 12), Peggy Serame, Tourism
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