Botswana - Public finance



About half of the government's revenues in 1998 came from the diamond industry with another 20% from returns on foreign reserves. Tourism is becoming increasingly important, accounting for 12% of GDP in 2000. Government spending in 2001 accounted for almost 20% of GDP.

The US Central Intelligence Agency (CIA) estimates that in 2001/2002 Botswana's central government took in revenues of approximately $2.3 billion and had expenditures of $2.4 billion. Overall, the government registered a deficit of approximately $100 million. External debt totaled $325 million.

The following table shows an itemized breakdown of government revenues and expenditures. The percentages were calculated from data reported by the International Monetary Fund. The dollar amounts (millions) are based on the CIA estimates provided above.

Botswana

REVENUE AND GRANTS 100.0% 2,300
Tax revenue 32.8% 755
Non-tax revenue 65.7% 1,511
Capital revenue 0.4% 8
Grants 1.2% 27
EXPENDITURES 100.0% 2,400
General public services 15.5% 371
Defense 8.1% 195
Public order and safety 4.4% 105
Education 26.3% 632
Health 5.2% 125
Social security 1.1% 27
Housing and community amenities 11.6% 278
Recreation, cultural, and religious affairs 1.7% 40
Economic affairs and services 17.0% 407
Other expenditures 7.6% 182
Interest payments 1.6% 38

User Contributions:

gorata
Report this comment as inappropriate
Aug 21, 2012 @ 1:01 am
HOW DOES BOTSWANA'S TREASURIES HANDLES THE EFEECTS OF BUSINESS CYCLE AND ALSO REDUCING THE INCOME INEQUALITIES BETWEEN GENDER AND AGE GROUPS? ANY GOVERNMENT POLICY AIMED AT DOING SO?

Comment about this article, ask questions, or add new information about this topic:

CAPTCHA


Botswana forum