Botswana risks breaching debt ceiling

The World Bank has warned that Botswana may breach its debt ceiling. In its Macro poverty outlook 2025 for Botswana, the World Bank noted that, “Unless fiscal deficits are reduced, there is a risk that the debt limit may be breached.” The government recently acquired two loans from the African Development Bank (AfDB) and the Botswana Public Officers Pension Fund (BPOPF), amounting to P4.1 billion and P3 billion, respectively.