Macroeconomic Forecast Botswana

June 2008 | Macroeconomic Forecasts

BMI View: We have revisited our standing forecasts and still feel they are valid, although our forecast for end 2009 inflation is the one indicator that may prove optimistic, but the sensible way to proceed is to see what effect the rate hike has on inflation and the pula over the next couple of months before thinking again. Otherwise, the economy remains on a strong growth path and there are no concerns on the external liquidity front. World prices for diamonds seem to be holding up, and Botswana's revenues from gems will increasingly be boosted as the new in-country processing facilities come on-stream over coming months.

If you would like to subscribe to Southern Africa Monitor and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to Southern Africa Monitor please click on the trial link below.