Economic recovery gains ground but reform clock is ticking
Sunday Standard Economic recovery gains ground but reform clock is ticking Botswana’s economy has emerged from two years of recession, but economists warn the recovery will remain fragile unless government accelerates long-delayed reforms, reduces borrowing and tackles the country’s heavy dependence on diamonds. The latest Econsult Botswana Review says the economy is sending “mixed signals”, with GDP returning to positive territory while inflation, weak diamond exports […] The post Economic recovery gains ground but reform clock is ticking first appeared on Sunday Standard and is written by Sunday Standard Reporter
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Sunday Standard
Economic recovery gains ground but reform clock is ticking
Botswana’s economy has emerged from two years of recession, but economists warn the recovery will remain fragile unless government accelerates long-delayed reforms, reduces borrowing and tackles the country’s heavy dependence on diamonds.
The latest Econsult Botswana Review says the economy is sending “mixed signals”, with GDP returning to positive territory while inflation, weak diamond exports and high borrowing costs continue to weigh on businesses and households. “The Botswana economy continues to send mixed signals,” economist Keith Jefferis writes in the quarterly review.
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The post Economic recovery gains ground but reform clock is ticking first appeared on Sunday Standard and is written by Sunday Standard Reporter
