Description

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.

Taxonomy

Balance of trade , Banks and banking , Central banks , Economic policy , Economic sectors , Exports , Financial institutions and markets , Imports , Inflation , International trade , Labor market , Mining sector , Monetary policy , Public sector , Wages

More publications in this series: IMF Staff Country Reports