Boosted by a late surge from the ever-reliable diamond industry, Botswana’s economy grew by 11.4 percent last year, leaving the initial projection of 8.1 percent in the dust.
Announcing the better-than-expected numbers when appearing before the Public Accounts Committee (PAC) on Monday, Permanent Secretary in the Ministry of Finance, Dr Wilfred Mandlebe explained the growth was led by diamonds.
“Specifically for domestic economy, this 11.4 percent was underpinned by the recovery in the diamond market,” he declared, adding the economy picked up as Covid-19 subsided in the final months of ...
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