IMF raises Botswana growth forecast

Friday, April 17, 2015

The International Monetary Fund (IMF) this week marginally revised upwards Botswana’s growth forecast for 2015, with the non-mining sector expected to drive economic activity.

According to the IMF’s bi-annual World Economic Outlook (WEO) report released on Wednesday, Botswana economic growth is estimated at 4.5 percent in 2015.

The new forecast is marginally northwards of the 4.2 percent growth forecast for 2015 the Bretton Woods Institution had forecast in October 2014.

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