Global economic slowdown could affect Botswana`s economy

source: Sunday Standard
by Godfrey Ganetsang
20.04.2008 10:11:38 A

Botswana faces the possibility of a negative impact on its export earnings and economic growth if developed markets, like the United States and Europe, continue to post less than positive economic growth projections.

It emerged at a presentation by economic consultant Dr. Keith Jefferies that recent dips in global economic projections, especially in Japan, U.S. and Europe, are a threat to Botswana primarily because Botswana is an exporting country that is dependent on positive economic growth in developed countries which provide the markets for her goods.

Dr Keith Jefferies said that despite recent positive developments in Botswana’s economy, the country still faces a lot of challenges in [continue reading]