Business Maverick: Diamond Sales Fuel Botswana Budget Surplus as Buyers Shun Russia

The southern African nation recorded a budget surplus of 598.7 million pula , or 0.55% of gross domestic product, in the first half of the fiscal year ending March 2023, the finance ministry said Monday in an emailed statement. The positive balance was driven by a 66% increase in mineral revenues, largely due to improved diamond exports.Debswana, a joint venture between the government and Anglo American Plc. unit De Beers that mines most of the nation’s gems, sold 54.

Despite the improvement, the ministry’s forecast for a budget deficit of 7.7 billion pula, or 3.4% of GDP, for the current fiscal year remains unchanged. Finance Minister Peggy Serame may revise the estimate in her budget speech due next month.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

LIVE: President Ramaphosa delivers ANC's January 8th Statement - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.African National Congress president Cyril Ramaphosa delivers the party's January 8th Statement. Statements are meaningless without ACTION January 08th statement. SATODAY_SABC January 8 statement the president of the country has delivered a mouth full statement and all the NEC members must strive hard torwards service delivery to the public. Bethuel Sambo from Casteel in Bush buck ridge Mpumalanga province
출처: SABCNews - 🏆 37. / 51 더 많은 것을 읽으십시오 »