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BoB warns fiscal strain could squeeze private sector
Summary by Sunday Standard Botswana
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BoB warns fiscal strain could squeeze private sector
Sunday Standard BoB warns fiscal strain could squeeze private sector Botswana’s worsening fiscal position is emerging as a growing threat to economic recovery, with the Bank of Botswana warning that rising government borrowing could drain liquidity from the financial system and squeeze credit to businesses. In its April Monetary Policy Report, the central bank painted a picture of an economy facing pressure from multiple fronts: weak growth, ri…
·Gaborone, Botswana
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