IMF urges Botswana to focus on viable projects

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The executive board of the International Monetary Fund (IMF) has urged Botswana to exercise caution and focus on the most profitable and viable investments. The board’s remarks came after the IMF’s conclusion of Article IV Consultation with Botswana two weeks ago.

Article IV Consultations are bilateral discussions whereby the IMF consults annually with each member to assess each country’s economic health and to forestall future financial problems.

An IMF delegation visited Gaborone in December last year for discussions on the Article IV Consultation with Botswana. The focal point of the discussions was on near term policies to offset the current economic slowdown and on the reforms and investments needed to foster diversification and inclusive growth.

Editor's Comment
Oh what a State funeral!

That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...

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