This universe is based on attraction; the most powerful law of the universe. You are the creator of your own destiny. You can attract anything that you want, money, great relationships and a life of abundance.
You will be taken aback to note that the pursuit of ultimate abundance and life’s greatest rewards; lies in your thoughts. Your thoughts attract mental equivalent of the energy that you radiate. Your outer self is a reflection of your inner state. Mastery of your thoughts is the key to a life of abundance in all facets of your life.
Your ability to tap into the spirit of your being and operating at an advanced level of mental thought is the secret to success.
The law of attraction is plain and simple but not easy to practice as it is premised on controlling your thoughts. You control your thoughts and inherently you are in control of your destiny. The purpose of column is to give you a glimpse of a great secret. A law only known to fewer than 10% of the people who control 90% of the world’s wealth.
The greatest people in history knew this, Isaac Newton, Shakespeare, Thomas Edison, Albert Einstein, Oprah Winfrey, George Soros you name them.
The law of attraction eliminates the old adage of living like a slave to live a king. It asserts that there is abundance in the universe for everyone. You control access to limitless abundance, opportunities to infinite possibilities not through manpower but through mindpower.
You can become what you want, earn what you want, achieve greater wealth, achieve happiness, and influence events in your life just by controlling your thoughts
“Whatever the mind of a man can conceive it can achieve.” W Clement Stone
And the question in yours mind is how do I claim my life of abundance
Gratitude First of all you need to be grateful for what you have. When you become grateful for what you have, you create a force field of positive energy. And remember the law of attraction works on what we call the mental equivalent. Whatever thoughts you harbor, you attract a mental equivalent from the universe. If you think happy, good thoughts, the universe responds with circumstances in your life that will make you happy.
On the contrary when you entertain negative thoughts you tend to attract negative things in you life. When you worry about those bills, credit cards, debts you seem to attract more and more of the same problems. The answer is very simple; the universe is neutral and ensures no favours whatever you think with deep intensity and passion the universe reacts by giving you what you exactly the same.
Unbelievable? The greatest inventions from renowned inventors were borne out of the subconscious mind. You can literally attract anything that you want in your life by controlling your thinking. How you think about yourself today will absolutely determine who you are tomorrow; Control your thoughts you take care of your destiny.
The greatest people in history knew this, Isaac Newton, Shakespeare, Thomas Edison, Albert Einstein The secret gives you all you want happiness, wealth and health. You want to be a millionaire, do you want great relationship; all these you can get from the great secret.
Make it absolute clear in your mind what is that your want. It works every time with a every person. Thoughts become a reality.
Thoughts have a frequency.
How long will it take?
The more intensely and clearer goals you have the faster you will realize your dreams.
A lot of people are imprisoned by their current circumstances but that is just your current reality. Remove your attention from the things that you don’t want.
Everything in the universe is energy.
Change the inner relationship with the inner self. Life is meant to be abundant. There is enough abundance in the universe for everyone.
Successful people think about what they want and their goals all the time. Unsuccessful people spend more time thinking about their problems and worries all the time. The more they think with intensity of the problems there more problems they attract to their lives.
Thoughts create a force field of energy. Nature is neutral if you think positive and happy thoughts, you create around yourself a positive force field and guess what you attract to yourself positive things in your life.
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This century is always looking at improving new super high speed technology to make life easier. On the other hand, beckoning as an emerging fierce reversal force to equally match or dominate this life enhancing super new tech, comes swift human adversaries which seem to have come to make living on earth even more difficult.
The recent discovery of a pandemic, Covid-19, which moves at a pace of unimaginable and unpredictable proportions; locking people inside homes and barring human interactions with its dreaded death threat, is currently being felt.
Member of Parliament for Kanye North, Thapelo Letsholo has cautioned Government against excessive borrowing and poorly managed debt levels.
He was speaking in Parliament on Tuesday delivering Parliament’s Finance Committee report after assessing a motion that sought to raise Government Bond program ceiling to P30 billion, a big jump from the initial P15 Billion.
Government Investment Account (GIA) which forms part of the Pula fund has been significantly drawn down to finance Botswana’s budget deficits since 2008/09 Global financial crises.
The 2009 global economic recession triggered the collapse of financial markets in the United States, sending waves of shock across world economies, eroding business sentiment, and causing financiers of trade to excise heightened caution and hold onto their cash.
The ripple effects of this economic catastrophe were mostly felt by low to middle income resource based economies, amplifying their vulnerability to external shocks. The diamond industry which forms the gist of Botswana’s economic make up collapsed to zero trade levels across the entire value chain.
The Upstream, where Botswana gathers much of its diamond revenue was adversely impacted by muted demand in the Midstream. The situation was exacerbated by zero appetite of polished goods by jewelry manufacturers and retail outlets due to lowered tail end consumer demand.
This resulted in sharp decline of Government revenue, ballooned budget deficits and suspension of some developmental projects. To finance the deficit and some prioritized national development projects, government had to dip into cash balances, foreign reserves and borrow both externally and locally.
Much of drawing was from Government Investment Account as opposed to drawing from foreign reserve component of the Pula Fund; the latter was spared as a fiscal buffer for the worst rainy days.
Consequently this resulted in significant decline in funds held in the Government Investment Account (GIA). The account serves as Government’s main savings depository and fund for national policy objectives.
However as the world emerged from the 2009 recession government revenue graph picked up to pre recession levels before going down again around 2016/17 owing to challenges in the diamond industry.
Due to a number of budget surpluses from 2012/13 financial year the Government Investment Account started expanding back to P30 billion levels before a series of budget deficits in the National Development Plan 11 pushed it back to decline a decline wave.
When the National Development Plan 11 commenced three (3) financial years ago, government announced that the first half of the NDP would run at budget deficits.
This as explained by Minister of Finance in 2017 would be occasioned by decline in diamond revenue mainly due to government forfeiting some of its dividend from Debswana to fund mine expansion projects.
Cumulatively since 2017/18 to 2019/20 financial year the budget deficit totaled to over P16 billion, of which was financed by both external and domestic borrowing and drawing down from government cash balances. Drawing down from government cash balances meant significant withdrawals from the Government Investment Account.
The Government Investment Account (GIA) was established in accordance with Section 35 of the Bank of Botswana Act Cap. 55:01. The Account represents Government’s share of the Botswana‘s foreign exchange reserves, its investment and management strategies are aligned to the Bank of Botswana’s foreign exchange reserves management and investment guidelines.
Government Investment Account, comprises of Pula denominated deposits at the Bank of Botswana and held in the Pula Fund, which is the long-term investment tranche of the foreign exchange reserves.
In June 2017 while answering a question from Bogolo Kenewendo, the then Minister of Finance & Economic Development Kenneth Mathambo told parliament that as of June 30, 2017, the total assets in the Pula Fund was P56.818 billion, of which the balance in the GIA was P30.832 billion.
Kenewendo was still a back bench specially elected Member of Parliament before ascending to cabinet post in 2018. Last week Minister of Finance & Economic Development, Dr Thapelo Matsheka, when presenting a motion to raise government local borrowing ceiling from P15 billion to P30 Billion told parliament that as of December 2019 Government Investment Account amounted to P18.3 billion.
Dr Matsheka further told parliament that prior to financial crisis of 2008/9 the account amounted to P30.5 billion (41 % of GDP) in December of 2008 while as at December 2019 it stood at P18.3 billion (only 9 % of GDP) mirroring a total decline by P11 billion in the entire 11 years.
Back in 2017 Parliament was also told that the Government Investment Account may be drawn-down or added to, in line with actuations in the Government’s expenditure and revenue outturns. “This is intended to provide the Government with appropriate funds to execute its functions and responsibilities effectively and efficiently” said Mathambo, then Minister of Finance.
Acknowledging the need to draw down from GIA no more, current Minister of Finance Dr Matsheka said “It is under this background that it would be advisable to avoid excessive draw down from this account to preserve it as a financial buffer”
He further cautioned “The danger with substantially reduced financial buffers is that when an economic shock occurs or a disaster descends upon us and adversely affects our economy it becomes very difficult for the country to manage such a shock”