Facing revenue and spending pressures, two southern African countries – Zambia and Botswana – are examining proposals for sovereign wealth funds with a stabilization mandate, but given their structural challenges and spending pressures the plans maybe too little, too late.Zambia: Rainy Day Fund in a Drought-Hit EconomyDrought-stricken Zambia is planning...
Facing revenue and spending pressures, two southern African countries – Zambia and Botswana – are examining proposals for sovereign wealth funds with a stabilization mandate, but given their structural challenges and spending pressures the plans maybe too little, too late.Zambia: Rainy Day Fund in a Drought-Hit EconomyDrought-stricken Zambia is planning...