IMF upgrades forecast for Botswana growth
Friday, September 23, 2011
According to a September update of the IMF's authoritative World Economic Outlook (WEO), Botswana's GDP should grow by 6.2 percent this year, slowing to 5.3 percent in 2012. The forecast for 2012 is lower than the 6.6 percent projected by the April WEO.
The forecasts for 2011 and 2012 in the latest WEO, however, are both higher than the projected sub-Saharan averages of 5.2 and 5.8 percent for this and next year, respectively.
While it is widely acknowledged that Khama holds the title of Kgosi, the government’s failure to properly gazette his recognition has raised serious concerns about adherence to legal procedures and the credibility of traditional leadership. (See a story elsewhere in this newspaper.) Recent court documents by the Minister for Local Government and Rural Development, Kgotla Autlwetse, shed light on the intricacies of Khama’s recognition process....