PDA

View Full Version : Botswana May Cut Spending to Curb Deficit After Gem Sales Slump - Bloomberg



NewsWhore
03-11-2009, 04:51 AM
<img alt="" height="1" width="1">
Botswana May Cut Spending to Curb Deficit After Gem Sales Slump (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DanafmEDNSjHs%26refer%3Dhome&cid=1313923098&ei=U3y3SYPhO5TGM_ji2PkJ&usg=AFQjCNFnvKqQcH0V8YXohvISCoMK9PVYlw)
Bloomberg
Botswana may also consider using its foreign currency reserves to help cushion the economy, the governor said. Foreign currency reserves currently stand at $10 billion, equivalent to finance for 24 months of import needs, she added. ...


More... (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DanafmEDNSjHs%26refer%3Dhome&cid=1313923098&ei=U3y3SYPhO5TGM_ji2PkJ&usg=AFQjCNFnvKqQcH0V8YXohvISCoMK9PVYlw)