Botswana’s Parliament endorsed an elevation of the domestic borrowing limit from 30 bln pula to 55 bln, with the government aiming to finance the anticipated budget deficit via new financing mechanisms, including “special funds proceeds and domestic borrowing”, highlighting the issuance of novel financial instruments such as inflation-linked bonds, while also cautioning about potential risks such as interest rate fluctuations, refinancing challenges, and inflationary pressures associated with the increased bond ceiling.