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Botswana: Partial Pensions Withdrawal Strives for Balance

Botswana: Partial Pensions Withdrawal Strives for Balance

Gaborone — Any consideration of allowing partial access to pension funds during active service needs to balance the need for short-term financial relief with the long-term goal of ensuring adequate retirement income, says Minister of Finance, Mr Ndaba Gaolathe.

Mr Gaolathe was responding to a question from the Member of Parliament for Molepolole North, Mr Arafat Khan. Mr Gaolathe said the current framework was primarily designed to promote long-term savings and financial security after…

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