BoB says market data point to adequate liquidity 

• Allays fears of acute liquidity shortage
• “It is the responsibility of banks to manage their liquidity position”
• Liquidity increased to P5.7bn in July

While market liquidity has declined relative to pre-COVID-19 levels, the Bank of Botswana (BoB) says it has remained stable and adequate. Responding to media questions from this publication, the central bank notes that “recently, there has been a substantial increase in liquidity mainly supported by government spending”. 

According to data provided by BoB, market liquidity increased from P3.9 billion in April 2022 to around P5.7 billion as at the end of July 2022. In April 2022, average market liquidity from P4.7 billion recorded in March 2022.