{"id":241364,"date":"2026-08-18T08:08:48","date_gmt":"2026-08-18T06:08:48","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/botswana\/botswana-debt-crisis-govt-borrowing-surpasses-p56-billion\/"},"modified":"2026-08-18T08:08:48","modified_gmt":"2026-08-18T06:08:48","slug":"botswana-debt-crisis-govt-borrowing-surpasses-p56-billion","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/botswana\/botswana-debt-crisis-govt-borrowing-surpasses-p56-billion\/","title":{"rendered":"Botswana: Debt Crisis Govt Borrowing Surpasses P56 Billion"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"48\">Vice President and Minister of Finance Ndaba Gaolathe has revealed that Botswana&#8217;s domestic debt doubled from P27.2 billion to P56.06 billion; a development that economic observers say will worsen over time as the economy remains subdued with no sign of positive recovery in the short to medium term.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"34\">Gaolathe revealed the government&#8217;s domestic borrowing level in Parliament this week during question time, adding that the external debt also grew from P16.4 billion in 2022\/23 to P27.88 billion in the&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202608180147.html\" target=\"_blank\" rel=\"nofollow noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 Southern Africa <a title=\"Botswana\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/southern-africa\/botswana\/\">Botswana<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vice President and Minister of Finance Ndaba Gaolathe has revealed that Botswana&#8217;s domestic debt doubled from P27.2 billion to P56.06 billion; a development that economic observers say will worsen over time as the economy remains subdued with no sign of positive recovery in the short to medium term. Gaolathe revealed the government&#8217;s domestic borrowing level [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":241365,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[2461],"tags":[258,256,6495,11107,4718,2462,3723,6861,4357,257,33889,254,20013],"class_list":["post-241364","post","type-post","status-publish","format-standard","has-post-thumbnail","category-botswana","tag-africa","tag-africa-news","tag-borrowing","tag-botswana","tag-botswana-news","tag-crisis","tag-debt","tag-govt","tag-news","tag-p56","tag-south-africa-today","tag-surpasses"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/241364","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=241364"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/241364\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/241365"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=241364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=241364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=241364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}