Botswana: Govt to Manage Deficit

Gaborone — Minister of Finance and Economic Development, Mr Kenneth Matambo has proposed P67.8 billion as total expenditure and net lending for the 2018/19 financial year.

Presenting the budget proposals before parliament yesterday (February 5), Minister Matambo said 66.5 per cent of the total amount, or P45.14 billion was earmarked for recurrent budget, 28.4 per cent or P19.31 billion was for development and the remaining P9.08 billion had been proposed as statutory expenditure.

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