So, a fully solid Government entourage has went all the way to the Swiss to ride a Train. Also, they look so surprised to see its interior & controls.
We saw a similar trip to China in 2018 coupled with a visit to Huawei Technologies. Can someone please help & explain,
A report by a United States agency has found that Botswana has the continent’s lowest exports under the African Growth and Opportunities Act (AGOA), with the country’s utilisation rate of the trade arrangement falling from 100% to zero in the last decade. https://t.co/QTMkoNAb6g
Your thoughts and comments will be highly appreciated.
See you in the next segment as we move deeper into our recurrent and development budgets in other ministries.
Your dearest friend,
#BwAnalyst
2023 Budget Review‼️
Compliments Fam!! I hope we are all well and looking forward to season 3 of our economic insights. Lets cut to the chase; What a surprising speech by Madam minister,
On the Development budget of about P21 Billion, the Ministry of Transport and Public Works
ISPAAD is coming to an end, cattle subsidy is gone, energy has transformed Agriculture into an expensive venture. Local Government consumes from a high inflation economic environment. What should we expect, with such priorities?
The Bank of Botswana has maintained the MoPR at 2.65% basically due to almost constant inflationary pressures averaging 14%.
On the broader macroeconomic scope, outlook for the growth path still remains constant with severe structural vulnerabilities. Now, provided, the global
tenders will remain low for sometime. For households, you will still need to survive tight wallets and expensive goods and services for sometime. Lastly for our business or home owners, note that you are less likely to be availed loans due to higher interest rates and the goal