Standard & Poor�s bullish on Botswana�s economic recovery

In a country report released this week, the agency said they project Botswana will report larger surpluses in 2016-2018 as revenues are supported by rising mineral revenues from the normalisation of diamond production at about 23 million carats per year over the medium term, and Southern African Customs Union (SACU) revenue receipts remain stable.

“That said, fiscal performance may be vulnerable to a revenue base that relies on volatile receipts from mining, and on SACU customs revenue.