IMF trims forecast for Botswana economy
Friday, April 21, 2023 | 450 Views |
The forecast is contained in the latest edition of the IMF’s World Economic Outlook (WEO), which contains updates of the institution’s projections from the October edition.
The IMF’s latest forecast for Botswana in the 2023–2024 fiscal year is slightly above the average of 3.6 percent expected for sub-Saharan Africa and comfortably ahead of both the averages for SADC and the Southern African Customs Union. In the Southern Africa region, the IMF’s forecast for Botswana’s growth in 2023–2024 is the fourth highest after Mozambique, Mauritius, and Zambia. By comparison, South Africa is expected to grow by 0.1 percent, while other neighbours such as Namibia and Zimbabwe will expand by 2.8 percent and 2.5 percent respectively.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...