IMF Staff Country Reports

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 December 23, 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:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2002/244

  • Stock No:

    1BWAEA0032002

  • ISBN:

    9781451806397

  • ISSN:

    1934-7685