IMF trims Botswana growth prospects

In the Regional Economic Outlook for sub-Saharan Africa released this week, the IMF estimates Botswana growth rate to print at 2.5 percent this year.

This is lower than the 3.7 percent the Bretton Woods institute predicted for the country two months ago following a consultative visit to Gaborone. The IMF has also lowered Botswana’s 2015 growth rate to a negative 1.5 percent, a figure that is significantly lower than the minus 0.3 percent estimated by Statistics Botswana (SB).