Though Botswana’s economy has registered an average annual growth rate of 4 percent over the last decade, it will need to grow by at least 6 percent per year to achieve high-income status by the year 2036.
Speaking at an economic briefing on Wednesday, the Director of Research & Financial Stability at the Bank of Botswana (BoB), Innocent Molalapata, said Botswana’s annual economic growth has generally been low in the last 10 years.
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