Botswana’s diamond-driven prosperity shows signs of erosion Sluggish growth and expanding deficits raise fiscal concerns Botswana’s economy is navigating one of its most formidable challenges in recent memory, as subdued diamond markets, decelerating growth, and mounting fiscal pressures converge to strain public finances, according to the latest Budget Strategy Paper and the February 2025 Monetary Policy Statement. While global economic expansion remains relatively stable, domestic conditions have deteriorated markedly, compelling the government to increasingly...
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