The Financial Stability Council (FSC) held its second regular meeting for the year on 6 November 2025, where it concluded that Botswana’s financial system remains resilient, and continues to provide financial services to households and businesses unconstrained. However, the FSC recognised the persistence of macro-financial risks, including subdued economic growth, liquidity distribution risks, climate-related risks, and sectoral vulnerabilities. The FSC observed that all of these require continued vigilance and, in some instances, proactive policy responses.
Read detailed Press Release below: