Botswana : 2010 Article IV Consultation: Staff Report and Supplement; Public Information Notice on the Executive Board Discussion

Author/Editor:

International Monetary Fund

Publication Date:

September 8, 2010

Electronic Access:

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Summary:

The economy entered the crisis from a position of considerable strength because of past prudent macroeconomic management. Macroeconomic policies are being appropriately redirected away from short-term demand management toward medium-term considerations. Fiscal policy was strongly countercyclical during the past two years as the government ramped up spending despite a drop in revenues. The framework for managing the government’s assets and liabilities needs strengthening to cope with a more challenging fiscal environment. The authorities agreed that their development model would need to change.

Series:

Country Report No. 10/280

Subject(s):

English

Publication Date:

September 8, 2010

ISBN/ISSN:

9781455206582/1934-7685

Stock No:

1BWAEA2010002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

46

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