Foreign Reserves rise as Govt repays BoB advance
Sunday Standard Foreign Reserves rise as Govt repays BoB advance Botswana’s foreign reserves rose sharply in April, while government significantly reduced its temporary advance from the Bank of Botswana (BoB), signalling that inflows from Southern African Customs Union (SACU) receipts, diamond revenues and public spending are easing some of the cash pressures experienced last year. The central bank’s April statement of financial position shows total […] The post Foreign Reserves rise as Govt repays BoB advance first appeared on Sunday Standard and is written by Sunday Standard Reporter
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Sunday Standard
Foreign Reserves rise as Govt repays BoB advance
Botswana’s foreign reserves rose sharply in April, while government significantly reduced its temporary advance from the Bank of Botswana (BoB), signalling that inflows from Southern African Customs Union (SACU) receipts, diamond revenues and public spending are easing some of the cash pressures experienced last year.
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The post Foreign Reserves rise as Govt repays BoB advance first appeared on Sunday Standard and is written by Sunday Standard Reporter
