World Bank forecasts strong recovery for domestic economy

Friday, January 22, 2010

The Global Economic Prospects 2010 Report predicts that Botswana's economy will swell by 4.8 percent this year, buoyed by stronger external demand for the country's prime export - diamonds.

The Report, released on Thursday and researched by World Bank economists, predicted that Botswana's Gross Domestic Product would rebound this year, boosted in part by the stronger prices of diamonds and also by increased remittances and tourism activities.

Local economists are hoping the 2010 World Cup and its attendant increases in tourism and trade, will reflect on the country's books this year and beyond.

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World Bank forecasts strong recovery for domestic economy

The Global Economic Prospects 2010 Report predicts that Botswana's economy will swell by 4.8 percent this year, buoyed by stronger external demand for the country's prime export - diamonds.

42 out of 45 bodies of Limpopo bus crash victims identified

Selefu

Selefu

Civil Society threatens court action over constitution amendment

Fans urged to fill up stadium

Coaches take jabs ahead of derby

A city divided!

Civil Society threatens Masisi with legal action

Routine child vaccination imperative