Botswana: Selected Issues and Statistical Appendix

July 3, 2007

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Botswana: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2007) accessed December 23, 2024

Summary

This Selected Issues paper and Statistical Appendix on Botswana underlies that diamond reserves are not adequate to generate enough permanent revenue to support the current level of expenditure. Despite strong overall growth, in Botswana, a pattern of dependence on diamond revenue and high unemployment persists. Botswana, as a typical small open economy, is closely linked to a large neighboring economy. This linkage means Botswana’s monetary and exchange policies must consider the external economic environment, particularly the pula’s exchange rate against the rand.

Subject: Economic sectors, Exchange rates, Expenditure, Foreign exchange, Inflation, Labor, Mining sector, Prices, Unemployment

Keywords: Africa, B. inflation trend, CR, Diamond revenue, Dynamic error-correction inflation equation, Exchange rates, Global, Inflation, Inflation objective, ISCR, Mining sector, Reservation wage, Sub-Saharan Africa, U.S. dollar, Unemployment, Year-on-year inflation

Publication Details

Pages:

102
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/228
Stock No:

1BWAEA2007003
ISBN:

9781451806465
ISSN:

1934-7685

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