Botswana: Selected Issues
Electronic Access:
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Summary:
This Selected Issues paper examines the stability of the financial sector in Botswana. The financial system has grown rapidly over the years, but there is still substantial scope for expansion. Banks, institutional investors, and the Botswana Stock Exchange have grown steadily over the years based on political and economic stability, savings from diamond exports, and fiscal surpluses. Botswana’s financial stability framework could benefit from upgrading. Data gaps and incomplete information on cross-border capital flows and growing interconnection with the nonbank financial sector may entail risks. In this regard, close cooperation among regulators and proper assessment of macro-financial risks associated with banks’ large exposures will contribute to more effective financial system supervision.
Series:
Country Report No. 2017/250
Subject:
Income and capital gains taxes Personal income tax Revenue administration Tax administration core functions Tax incentives Taxes Value-added tax
English
Publication Date:
August 8, 2017
ISBN/ISSN:
9781484314906/1934-7685
Stock No:
1BWAEA2017004
Pages:
31
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