Macroeconomic Forecast Botswana

BMI View: We believe that rising revenues and a penchant for fiscal discipline will see Botswana's budget deficit narrow to 5.7% of GDP in 2011, from 9.9% in 2010. Botswana's government accounts were consistently in surplus from 2000-2008, until the collapse in diamond revenues and need for fiscal stimulus led to a considerable deficit in 2008.

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