Botswana econ­omy to ex­pand faster

The New Age (Free State) - - BUSINESS -

GABORONE: Botswana’s econ­omy is pro­jected to ex­pand faster this year as the min­ing sec­tor ben­e­fits from a recovery in the global econ­omy, Fi­nance Min­is­ter Ken­neth Matambo said. Pre­sent­ing the 2018 bud­get, Matambo said GDP growth was pro­jected at 5.3% this year, from 4.7% last year. The bud­get deficit is pro­jected to widen to 1.8% of GDP in the 2018-19 fis­cal year from 1.3% in the prior year. – Reuters

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