Cover IMF Staff Country Reports
Buy Book in Print
Botswana: Staff Report for the 2002 Article IV Consultation
Author:
International Monetary Fund
Search for other papers by International Monetary Fund in
Current site
Google Scholar Close
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2002: Issue 244
Language:
English
Publication Date:
05 Nov 2002
DOI:
https://doi.org/10.5089/9781451806397.002
ISBN:
9781451806397
ISSN:
1934-7685
Pages:
42
Keywords:
ISCR; CR; staff appraisal; VAT effect; staff expectation; Botswana; monetary policy; July launch; inflation objective; consumer price inflation; HIV and AIDS; Budget planning and preparation; Inflation; Global; Southern Africa
Download PDF (2.3 MB) Download Epub
This 2002 Article IV Consultation highlights that real GDP growth of Botswana slipped to an estimated 1¼ percent in 2001/02 (July–June), largely reflecting a downturn in the global diamond market and a drop in Botswana’s diamond production. The non-mining sectors performed better, especially the service industries. Their success is in part a product of Botswana’s market-friendly environment, sound macroeconomic policies, and investments in education and physical infrastructure. The overall fiscal balance moved into deficit in 2001/02 (April–March), only the second deficit in 20 years.
  • Collapse
  • Expand
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund