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Botswana budget deficit to grow

Business Africa

The Botswana government calls for a tightening of its budget to avoid a trade deficit.

Botswana is forecasting a decline in economic growth this year: 4.2 per cent compared to 4.5 in 2018. According to Kenneth Matambo, the Finance Minister, several decisions will further contribute to the national economy, including increasing the salaries of civil servants.

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