Economy forecast to grow at 5%

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The Botswana economy is forecast to grow by five percent this year from 4.6 percent in 2013, the World Bank has said.

In the bi-annual Global Economic Prospects (GEP) report released on Wednesday, the World Bank said growth in Botswana along with other Sub-Saharan countries will be supported by domestic demand. The GEP report released in June last year marginally revised Botswana's forecasts in 2014 and 2015, from 4.9 percent and 4.8 percent to 5.1 percent and 5.2 percent respectively.

World Bank projections are slightly more optimistic than estimates from both government and the IMF.

Editor's Comment
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