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 November 21, 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:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2010/280
Stock No:

1BWAEA2010002
ISBN:

9781455206582
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports