Botswana: Public Debt Management Faces Admin Challenges

[Government of Botswana]Public debt management faces administrative and not legal challenges, the Public Accounts Committee (PAC) has been told. Briefing the PAC on September 18, Permanent Secretary in the Ministry of Finance and Development Planning Mr Solomon Sekwakwa said capacity problems needed to be solved, adding there was no need to consolidate all legal instruments. He explained that the Constitution, Stock Bonds and Treasury Act and Finance and Audit Act set the legal framework on the amount of debt government could tak

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