Botswana: Selected Issues

International Monetary Fund

No 2017/250, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper examines the stability of the financial sector in Botswana. The financial system has grown rapidly over the years, but there is still substantial scope for expansion. Banks, institutional investors, and the Botswana Stock Exchange have grown steadily over the years based on political and economic stability, savings from diamond exports, and fiscal surpluses. Botswana’s financial stability framework could benefit from upgrading. Data gaps and incomplete information on cross-border capital flows and growing interconnection with the nonbank financial sector may entail risks. In this regard, close cooperation among regulators and proper assessment of macro-financial risks associated with banks’ large exposures will contribute to more effective financial system supervision.

Keywords: ISCR; CR; banks assets; bank; Botswana; rate; VAT; income inequality Gini index; unemployment challenge; bank lender; financial system supervision; South Africa underground; Value-added tax; Income and capital gains taxes; Personal income tax; Tax administration core functions; Africa; Sub-Saharan Africa; Global (search for similar items in EconPapers)
Pages: 31
Date: 2017-08-08
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