Debt Is Not a Growth Strategy Debt, Time and the Illusion of Sustainability
[Botswana Gazette - Botswana] - 15/02/2026
Douglas Rasbash Botswana’s 2026/27 Budget quietly crosses a threshold. With buffers depleted, a large unfinanced deficit, and debt rising faster than growth, borrowing is no longer funding transformation. It is buying time. This column argues that debt has become a substitute for sustainability (…)
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