Botswana: 2005 Article IV Consultation—Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statements by the Authorities of Botswana

Author: International Monetary Fund

Volume/Issue: Volume 2006 Issue 066

Publication date: February 2006

ISBN: 9781451806434

$20.00

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

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

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Nepal

Peru

Republic of Congo : 2001 Article IV

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.