Economy forecast to grow at 5%

No Image

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
Let’s fight GBV as a collective

Botswana for the longest time was known for her virulent peace with family being an enviable institution.As the media, we are also scared to be incessantly reporting on these bloody scenes where women are brutally murdered and worse, sometimes in front of their children and loved ones. Yes, we have reported cases where men were also brutally murdered by their loved ones, but such cases are a drop in the ocean.For the past two weeks, Botswana was...

Have a Story? Send Us a tip
arrow up