IMF slashes Botswana growth forecast

Diamond mining is expected to power economic growth again this year
Diamond mining is expected to power economic growth again this year

The International Monetary Fund (IMF) has slashed Botswana’s 2014 growth forecast by 0.3 percentage points to 4.1 percent.

 

Last October the IMF forecasted growth in Botswana to pick up slightly to 4.4 percent in 2014 supported by the base effect of increased electricity production and a recovery in the mining sector. The Fund supposed that it would subsequently stabilise at around four percent.But in the World Economic Outlook (WEO) report released this week, the IMF said that Botswana’s economy is seen growing at 4.1 percent this year before rising to 4.4 percent in 2015.

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This period, running from May 20 to 31 2024, is crucial for those who have not yet registered to vote. This announcement comes in response to a significant shortfall in registered voters following the recent registration period. As it stands, only 62% of the target number of voters registered, leaving a considerable gap.With Botswana's general elections scheduled for October, every eligible citizen needs to register and exercise their...

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