Inflation seen breaching BoB�s lower ballpark

Source: Bank of Botswana
Source: Bank of Botswana

The annual inflation rate could possibly breach the Bank of Botswana (BoB) three percent lower medium term objective as lower fuel prices coupled with weak domestic demand should further ease inflationary pressures in 2015.

In a bid to maintain price stability in the economy, the central bank has set an inflation objective of between 3-6 percent.

Launching the 2015 Monetary Policy Statement (MPS) yesterday, BoB governor Linah Mohohlo said the economy will continue to experience disinflation this year auguring well for the retention of the accommodative monetary policy stance, which has ushered in the prevailing low interest rates regime.

Editor's Comment
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The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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