Botswana: Selected Issues

International Monetary Fund

No 2025/326, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper examines Botswana’s growth constraints using a dual approach. This paper contributes to the policy dialogue on Botswana’s growth trajectory by identifying the key impediments facing domestic firms and the broader private sector. A ‘bottom-up’ analysis based on the 2023 World Bank Enterprise Survey identifies key business obstacles, including limited access to finance, corruption, land tenure challenges, and infrastructure gaps. A complementary macro-structural analysis applies a cross-country empirical model to estimate growth gains from closing reform gaps in institutions, credit markets, and labor regulations. The findings show strong alignment between firm-level concerns and macro-level reform priorities. Targeted interventions in governance, energy, land administration, labor market regulations, and financial access could significantly enhance Botswana’s medium-term growth and support its diversification agenda. Sustained progress will require strong political will, effective implementation, and a commitment to inclusive consultation with private sector actors.

Keywords: macroeconomic resilience; Policy advice; shift to renewable; adaptation policy; SAPP country; Public investment spending; Renewable energy; Climate change; Renewable resources; Africa; Global; Southern Africa; Sub-Saharan Africa; Eastern Europe; East Asia (search for similar items in EconPapers)
Pages: 70
Date: 2025-12-08
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=572352 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2025/326

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().