The Government of Botswana has described as unfounded media reports that they are extending lines of credit amounting to $600 million to Zimbabwe’s private sector.

A statement issued by the Botswana government reads: “The Office of the President wishes to inform members of the public that the Government of the Republic of Botswana and the Government of the Republic Zimbabwe are currently holding discussions under the framework of the Bi-National Commission which covers a wide range of issues which are mutually beneficial to the peoples of the two countries.

“As such, media reports that are currently circulating about the line of credit worth Six Hundred Million United States Dollars that the Government of Botswana has committed itself to extend to the Republic of Zimbabwe are unfounded.

“We wish to advise members of the public that in accordance with International practice a communique which summarises the outcomes of the meeting will be issued following the conclusion of the Bi-National Commission.

Carter N. Morupisi
Permanent Secretary to the President


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