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  - SUNDAYSTANDARD.INFO - A la Une - 29/Jul 06:53

Gaolathe defends Pula slide, warns Banks against greed

Sunday Standard Gaolathe defends Pula slide, warns Banks against greed Finance Minister, Ndaba Gaolathe, has defended the government’s decision to speed up the depreciation of the Pula, saying the move was necessary to protect Botswana’s dwindling foreign reserves and avoid a broader economic crisis. Addressing Parliament on Wednesday, Gaolathe said the adjustment, though painful, was critical to avert shortages of essential imports like food, fuel, […] The post Gaolathe defends Pula slide, warns Banks against greed first appeared on Sunday Standard and is written by Sunday Standard Reporter

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