Botswana’s public debt has crossed 30 percent of GDP for the first time in decades, raising concerns about fiscal sustainability as the economy faces another year of contraction, the International Monetary Fund (IMF) warned.
In August, the IMF said in its assessment that public debt had climbed to 28 percent of GDP as of March 2025, a sharp increase from previous years. The figure excluded liabilities such as accounts payable, which could further inflate the debt burden.
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