Botswana's Minister of Finance reportedly issued a statutory instrument on 13 January 2023 that extends the temporary reduction in the VAT rate from 14% to 12% until 31 March 2023. As previously reported, the temporary VAT rate reduction was introduced for a period of 6 months beginning 3 August 2022 to help mitigate the impact of inflation. A temporary VAT zero rate for cooking oil and liquid petroleum gas was also provided, but this has not been extended.