Analysts cast down NDP11 growth forecasts
Tuesday, June 07, 2016
In a economic review report titled Africa Markets Revealed, the economic experts say they see Botswana’s economy growing by no more than four percent during NDP11, while revenues will likely come lower than the estimates leading to either increased borrowings or a rise in drawing down on savings.
“Compared to a realised average growth rate of 5.3 percent under the 2010-2016 growth plan (NDP10), when the economy was still relatively buoyant, we are not that optimistic on the growth outlook for the next six years, and see GDP growth averaging no more than four percent year on year, with downside risks.
March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...