mmegi

IMF expects Botswana’s return to growth path

Friday, June 03, 2022 | 1440 Views |

On the mend: The IMF has identified the recovery of tourism as one of the anchors of the economy’s return to growth PIC: THALEFANG CHARLES

Researchers at the International Monetary Fund (IMF) expect higher prices and demand for diamonds, good rainfall, and increasing international tourist arrivals to anchor the local economy’s return to a growth trajectory this year.

In its World Economic Outlook released last month, the IMF forecast that Botswana’s economy would expand by 4.3 percent this year, the highest among its regional peers and comfortably above the 3.8 percent average expected for sub-Saharan Africa.

This week, IMF researchers released a further update following a board assessment conducted by the African Department in conjunction with local fiscal and monetary officials.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

The Oneal R&B Orchestra event was an African storytelling in a format not previously explored locally.

Oneal R&B orchestra shares African story

Lucy Kgweetsi | 17 m ago

Yarona FM to host Just Kidding Fam Fest

Nnasaretha Kgamanyane | 22 m ago

Softball Spectacular to quench players’ thirst

Calistus Kolantsho | 26 m ago

Zebras to camp in Tunisia ahead of AFCON finals

Mqondisi Dube | 31 m ago

Search continues for Maun boy feared to have been taken by a crocodile

Larona Makhaiza | 14 h ago

Inimba Gets the Nod for Season 2 on Mzansi Magic

correspondent | 18 h ago

Peace conference addresses growing list of social ills

Laone Choeunyane | 21 h ago

GAYO Botswana and BA ISAGO University Forge Major Partnership to Advance Climate Education and Youth Leadership

correspondent | 21 h ago

Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

The Monitor Editor | 02 December 2025

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