Sunday Standard
IMF warns Botswana against big spending amid slowdown in economic growth
The International Monetary Fund (IMF) has cautioned Botswana to slow down on spending as economic growth slows amid a slump in diamond exports.
The IMF team, led by Mr. Luc Eyraud, division chief in the IMF African department and mission chief for Botswana, said the country’s economy is expected to decelerate further this year, with growth projected at 1 percent.
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The post IMF warns Botswana against big spending amid slowdown in economic growth first appeared on Sunday Standard and is written by Sunday Standard Reporter