PAC laments lack of debt management policy

The Money for Value Audit report of the 2013 Public Accounts Committee (PAC) has highlighted the need for a debt management policy to be put in place as the economy has in the last five years experienced rising debt and budget deficits.

For th resulted in debt management being viewed as a simple operation, which did not require high level planning, thhe past four decades, the country has been enjoying comfortable budget surpluses and low levels of debt, whice report states.

Editor's Comment
Be careful on the road this festive season

Over the past weekend in Greater Gaborone, four people tragically lost their lives in separate accidents, a stark reminder of how vulnerable we are on the roads, especially during this busy time of year.The accidents, which claimed the lives of three pedestrians and one driver, paint a grim picture of the dangers faced by everyone on the road, not just motorists but also pedestrians. In one case, a young man was fatally struck by a truck whilst...

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