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Botswana’s economy has had a slow recovery from the most recent global economic shocks caused by the Russia-Ukraine conflict. Real GDP growth is projected to decrease to 1.0% in 2024, from from 2.7% in 2023 after reaching an annual average growth rate of 6.7% for 2021 to 2023. Economic growth has been largely affected by weaker performance of the non-mining sectors and the impact of lower external demand for mining sector output, especially diamonds... Read the full PESA Editorial here: https://politicaleconomy.org.za/2025/03/pesa-editorial-on-botswana-2h2024-25/.
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