Botswana must diversify economy, warns IMF

Botswana may have reasonably good prospects in the near and medium term but the development model needs to be revamped, the International Monetary Fund (IMF) has warned. Enrique Gelbard, who heads the IMF team for Botswana, said: “Diamond production may only extend for another 30 years and mining activities do not create enough jobs. “In addition, Botswana has a small…

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