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.

epa13235352 Real Madrid's Jude Bellingham celebrates after scoring the 3-0 goal during the Spanish LaLiga soccer match between Real Madrid and Rayo Vallecano, in Madrid, Spain, 12 September 2026. EPA/BORJA SANCHEZ-TRILLO

Madrid Derby: Pride, Pressure and the Title Race

correspondent | 2d ago

Selefu

joey kambai | 18 h ago

Adesina lays down ground rules on Diamonds for Development

Mbongeni Mguni | 18 Sep 2026

Inside why Batswana are putting marriage on hold

Lewanika Timothy | 18 Sep 2026

Why local pension funds billions are chasing Dangote

Mbongeni Mguni | 18 Sep 2026

African Hero to sponsor football's Top 8

Mqondisi Dube | 20 h ago

Magosi part ways with coach after three games

Larona Makhaiza | 22 h ago

Botswana climate reporting gets boost as two join MESHA fellowship

staff writer | 22 h ago

Makgekgenene played her part

“Ignore the noise, focus on your work”- AnonymousAs the DG of such a controversy-ridden institution, you really played your part in the fight against corruption and economic crime. Your stay at the helm of the DCEC was quickly paying dividends under your stewardship. During your tenure, there was a lot of action as those caught on the wrong side of the law were brought to court regardless of their economic or political status. We have learnt...

Mmegi Editor | 18 September 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.