IMF bullish on Botswana growth prospects

Thursday, August 10, 2017

Botswana’s economic recovery is expected to strengthen to 4.5% this year before reaching almost five percent in 2018, supported by a pickup in diamond demand, public investment and structural reforms, the International Monetary Fund (IMF) believes.

In a country report released this week, the IMF said following a downturn in 2015, annual gross domestic product (GDP) growth is expected to gradually increase to 4.8% by 2018, supported by a recovery in the diamond market and moderate fiscal stimulus.

The IMF’s growth projection is more bullish than government forecasts. Presenting the 2017 national budget in February, finance minister, Kenneth Matambo said the local economy was expected to grow by 4.2% this year.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

More time: Zimbabwe president, Emmerson Mnangagwa

Time is the architecture of change

Mabasa Sasa* | 2d ago

Fake Botswana flags first spotted on ships in January – IMO

Mbongeni Mguni,Innocent Selatlhwa | 2d ago

Nyatso takes over from Rari

Larona Makhaiza | 2d ago

Cricket coach hails Brazil’s impact

Mqondisi Dube | 2d ago

Giants, dreamers collide as FA Cup fever grips

Kabelo Boranabi | 2d ago

Iranian volleyballer finds joy at Yaros

Calistus Kolantsho | 16 Apr 2026

Child malnutrition persists as silent crisis in rural Botswana

Nnasaretha Kgamanyane | 16 Apr 2026

Marina receives P300,000 equipment boost

Correspondent | 16 Apr 2026

Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

Mmegi Editor | 10 April 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

IMF bullish on Botswana growth prospects

Botswana’s economic recovery is expected to strengthen to 4.5% this year before reaching almost five percent in 2018, supported by a pickup in diamond demand, public investment and structural reforms, the International Monetary Fund (IMF) believes.