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World Bank predicts rebound for Botswana’s economy in 2026

Balancing act: Gaolathe is due to present the budget next month
Balancing act: Gaolathe is due to present the budget next month

The World Bank expects a 2.3 percent economic rebound for Botswana’s economy this year, with growth expected to be spurred by fiscal consolidation and a rebound in mineral revenues.

The growth projections follow a three percent decline in economic activity in 2024, which is likely to be followed by another 0.9 percent contraction, according to Finance ministry figures.

The World Bank’s latest Global Economic Prospects report, published recently, showed that despite headwinds, researchers see the local economy making its way back to positive output with growth for 2026 now seen at 2.3 percent, which would mark a rebound in positive activity for an economy that has been severely hit by low mineral revenues and eroded fiscal buffers.

Editor's Comment
Let's show compassion to baby Asli

Her story is heartbreaking not only because she is fighting for her life at such a tender age, but because her parents have spent months navigating a medical journey filled with uncertainty, delays, and rising fear.What began as something that seemed as simple as jaundice has escalated into a life-threatening condition that now requires an urgent liver transplant.For Asli’s parents, the reality is devastating. They are not asking for luxuries...

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