BoB seeks foreign investors for govt’s P55bn debt programme
Friday, June 28, 2024 | 100 Views |
![Making plans: Dekop PIC PHATSIMO KAPENG](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/mmegi/uploads/images/2024/07/02/113091.jpg&w=800&q=72&f=jpg)
Making plans: Dekop PIC PHATSIMO KAPENG
Government’s bond programme, also known as the domestic note issuance programme, allows the BoB to raise debt from the local capital market on behalf of government, through the issuance of treasury bills and bonds.
The programme, which was increased from P30 billion to P55 billion in February, has become the main source of budget deficit financing for government in recent years. However, nearly all of the funding for the bond programmes comes from the local commercial banks, which are designated as primary dealers.
These roads, which are vital conduits for trade and tourism, have long been in dire need of repair. However, while this development is undoubtedly a positive step, it also raises questions about broader issues of infrastructural management and road safety that deserve closer scrutiny.The A3 and A33 roads are not just any roads, they are critical arteries that connect Botswana to its neighbours and facilitate the movement of goods and people...