BoB leans towards ‘looser’ interest rate policy

Thursday, February 20, 2025 | 450 Views |

Setting trends: Dekop PIC.PHATSIMO KAPENG

The Bank of Botswana (BoB) will continue with its accommodative monetary policy stance this year, which suggests that it will seek space to reduce interest rates in order to boost economic activity.

The accommodative monetary policy stance is made possible by the Bank’s projections that inflation this year will trend either below or within the three to six percent objective range.

“Inflation is expected to remain within the medium-term objective range and inflation expectations are well-anchored, while the economy is expected to operate below capacity in the short term,” governor, Cornelius Dekop said yesterday morning.

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BoB leans towards ‘looser’ interest rate policy

The Bank of Botswana (BoB) will continue with its accommodative monetary policy stance this year, which suggests that it will seek space to reduce interest rates in order to boost economic activity.

Gov't moves to close tax gaps

Chief judge promises fairness at tomorrow's Miss Botswana finale

High pressure mounts on fuel prices

We respect AFCON final decision – Babitseng

Court blow rocks BPF leadership

BPF moves to rebuild unity-Lucas

‘Reatile, Ookeditse deal was gentleman’s agreement’

Branch fires early warning shot as Portugal fuels title push

A promising step for public schools, but...