BOTSWANA: MAKING A RARE ENTRY INTO BOND MARKETS TO PLUG BUDGET GAP

BOTSWANA: MAKING A RARE ENTRY INTO BOND MARKETS TO PLUG BUDGET GAP

   Wed, 29 April 2020

Botswana will need to tap into domestic and international debt markets to fund its gaping budget deficit this year. Sovereign bond investors will look favourably upon the country’s low debt to GDP ratio, even though government revenues are in freefall and despite mounting concerns over graft and mismanagement in the new administration.



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