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Government Doubled Pula Borrowing Limit | Botswana News

In March 2008, the government launched a bold five billion pula note issuance program, complete with detailed paperwork and regular auction updates every six months. By September 2010, they hit their cap — but in February 2011, Parliament approved a massive expansion, boosting the limit to fifteen billion pula to cover the 2011–2012 budget deficit and maintain active visibility in local money markets. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary based on public…

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