Botswana: Selected Issues
Electronic Access:
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Summary:
This paper suggests that it is essential to save a substantial portion of mineral revenues now to ensure fiscal sustainability for a post-diamond period. Taking the non-mineral primary balance into account can help clarify desirable fiscal policies. Botswana’s real effective exchange rate is broadly in line with economic fundamentals and consistent with external sustainability, indicating no threat to external stability. Export performance and other indicators suggest a number of structural competitiveness obstacles that could explain the low labor productivity and poor export and export diversification outcomes.
Series:
Country Report No. 2008/057
Subject:
Balance of payments Current account Environment Financial institutions Foreign exchange Insurance Non-renewable resources Real effective exchange rates Real exchange rates
Frequency:
Monthly
English
Publication Date:
February 8, 2008
ISBN/ISSN:
9781451806472/1934-7685
Stock No:
1BWAEA2008001
Pages:
35
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