Botswana: 2010 Article IV Consultation: Staff Report and Supplement; Public Information Notice on the Executive Board Discussion

September 8, 2010

Preview Citation

Format: Chicago

Botswana: 2010 Article IV Consultation: Staff Report and Supplement; Public Information Notice on the Executive Board Discussion, (USA: International Monetary Fund, 2010) accessed December 26, 2024

Summary

The economy entered the crisis from a position of considerable strength because of past prudent macroeconomic management. Macroeconomic policies are being appropriately redirected away from short-term demand management toward medium-term considerations. Fiscal policy was strongly countercyclical during the past two years as the government ramped up spending despite a drop in revenues. The framework for managing the government’s assets and liabilities needs strengthening to cope with a more challenging fiscal environment. The authorities agreed that their development model would need to change.

Subject: Balance of payments statistics, Economic and financial statistics, Expenditure, External debt, Financial statistics, Public debt

Keywords: Africa, Balance of payments statistics, Botswana authorities, Botswana's economy, CR, Debt service, Double-dip recession, Economy, Executive board discussion, Financial statistics, GDP, Global, Inflation expectation, ISCR, Net, Southern Africa, U.S. dollar

Publication Details

Pages:

46
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/280
Stock No:

1BWAEA2010002
ISBN:

9781455206582
ISSN:

1934-7685

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