Botswana: Staff Report for the 2002 Article IV Consultation

November 5, 2002

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Botswana: Staff Report for the 2002 Article IV Consultation, (USA: International Monetary Fund, 2002) accessed November 21, 2024

Summary

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.

Subject: Banking, Budget planning and preparation, Expenditure, Fiscal policy, Health, HIV and AIDS, Inflation, Prices, Public financial management (PFM)

Keywords: Botswana, Budget planning and preparation, Consumer price inflation, CR, Global, HIV and AIDS, Inflation, Inflation objective, ISCR, July launch, Monetary policy, Southern Africa, Staff appraisal, Staff expectation, VAT effect

Publication Details

Pages:

42
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2002/244
Stock No:

1BWAEA0032002
ISBN:

9781451806397
ISSN:

1934-7685

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