国际货币基金组织：2024年博茨瓦纳：金融部门评估方案关于保险公司和退休基金压力测试和系统风险分析的技术说明报告（英文版）

The challenges of Botswana’s highly interconnected financial system requires an effective systemic liquidity management framework. Commercial banks’2 funding sources from corporates and non-bank financial institutions (NBFIs) and credit exposures to households create avenues for risk transmission. Corporations and NBFIs (pension funds and insurance companies) constitute the main depositors of the banking sector. Strong linkage also exists between banks and the household sector, as househol