Interest payments on government debt projected to reach P6.3 Billion in 2026/2027

New data from S&P Global Ratings reveals that Botswana’s Finance Ministry is expected to spend P6.3 billion on interest payments for government debt during the 2026/2027 fiscal year. This follows an increase in borrowing aimed at covering the country’s growing budget deficit. Botswana’s budget deficit is projected to hit P25.48 billion in the 2025/2026 fiscal year, up sharply from the P11.8 billion deficit recorded in 2024/2025. The deficit is forecast to rise further to P26.35... The post Interest payments on government debt projected to reach P6.3 Billion in 2026/2027 appeared first on Weekend Post .
2026-05-05 09:42:20