Botswana: 2005 Article IV Consultation—Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statements by the Authorities of Botswana
Volume/Issue:
Volume 2006
Issue 066
Publication date: February 2006
ISBN: 9781451806434
$20.00
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Topics covered in this book
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Business and Economics , Health and Fitness , Economics- Macroeconomics , Public Finance , ISCR , CR , government , Botswana authorities , Botswana economy , devaluation , fiscal policy , anchor inflation expectation , government activity , privatisation programme , HIV and AIDS , Income , Africa , Global , Southern Africa
Summary
The staff report for the 2005 Article IV Consultation on Botswana highlights key issues, recent developments, and policy discussions. The authorities are strengthening their structural reform agenda and moving ahead with sector-specific development programs with a view to sustaining annual growth in the 5–6 percent range as targeted in their current medium-term development plan. The authorities recognized the importance of fiscal adjustment to maintaining macroeconomic stability. They have no plans to move away from the exchange rate peg in the near term, but are exploring their options with regard to the monetary policy framework.
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