World Bank sees Botswana poverty levels dropping

In a report focusing on Botswana released recently, the World Bank said it forecast Botswana to reduce poverty levels by 0.5 percentage point annually to 11% by 2019. Botswana’s poverty levels, which depicts the number of people living on $1.9 or less per day, currently stands at 13%.

In response to the real gross domestic product (GDP) contraction of 2015, the share of the population living in poverty is estimated to have increased by almost one percentage point from the previous year to 13.2%. Gradual pickup in economic growth in 2016 helped to reduce the poverty headcounts to 13%.