Botswana cuts fiscal deficit forecast on central bank revenue
Finance Minister Ndaba Gaolathe said Botswana now expects a much smaller budget deficit this fiscal year due to higher-than-expected central bank revenue and spending containment measures.
Botswana now expects a much smaller budget deficit this fiscal year, helped by higher-than-expected revenue from the central bank and measures to contain spending, Finance Minister Ndaba Gaolathe said on Tuesday.