This Growth and Recovery Outlook video highlights Botswana’s efforts to meet the goals of its transformation agenda to become a high-income country by 2036.
Africa Economy
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As emerging markets recover from the Covid-19 pandemic and face financial headwinds due to interest rate hikes in the US, the BRICS group – Brazil, Russia, India, China and South Africa – is looking to expand its membership to tackle shared challenges.
Economic update | G7 seeks to support emerging markets infrastructure as BRI investment wanes
3 Aug 2022
Amid rising inflation and debt levels in emerging markets, G7 leaders pledged in June to raise $600bn in private and public funds over five years to finance infrastructure in developing countries and counterbalance the influence of China’s sweeping Belt and Road Initiative (BRI).
As Botswana embarks on an economic transformation plan to help the country rebound from the Covid-19 pandemic, special economic zones (SEZs) are emerging as a key policy priority.
Economic update | Landmark WTO agreements seek to address the world’s most pressing challenges
7 Jul 2022
As countries face record-high food prices, inflationary pressures and other challenges associated with the economic recovery from the Covid-19 pandemic, the 164 members of the World Trade Organisation (WTO) came together in June to pen several trade agreements to help address some of the world’s most pressing issues.
Significant diamond wealth, good governance and prudent economic management have enabled Botswana to develop into an upper-middle-income country.