IMF urges Botswana to focus on viable projects

Thursday, March 31, 2016

The executive board of the International Monetary Fund (IMF) has urged Botswana to exercise caution and focus on the most profitable and viable investments. The board’s remarks came after the IMF’s conclusion of Article IV Consultation with Botswana two weeks ago.

Article IV Consultations are bilateral discussions whereby the IMF consults annually with each member to assess each country’s economic health and to forestall future financial problems.

An IMF delegation visited Gaborone in December last year for discussions on the Article IV Consultation with Botswana. The focal point of the discussions was on near term policies to offset the current economic slowdown and on the reforms and investments needed to foster diversification and inclusive growth.

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IMF urges Botswana to focus on viable projects

The executive board of the International Monetary Fund (IMF) has urged Botswana to exercise caution and focus on the most profitable and viable investments. The board’s remarks came after the IMF’s conclusion of Article IV Consultation with Botswana two weeks ago.