Botswana : Staff Report for the 2002 Article IV Consultation.

This 2002 Article IV Consultation highlights that real GDP growth of Botswana slipped to an estimated 1u 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 th...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2002.
Series:IMF Staff Country Reports; Country Report ; No. 2002/244
Online Access:Full text available on IMF
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520 3 |a This 2002 Article IV Consultation highlights that real GDP growth of Botswana slipped to an estimated 1u 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. 
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