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Botswana forecasts slower economic growth for 2019

Botswana finance minister calls for expenditure control in the country, in response to the poor growth forecast.

Botswana’s economic growth is expected to slow to 4.2% this year from 4.5% last year, Finance Minister Kenneth Matambo said on Monday.

“The slower economic growth means less revenues will be realized and this calls expenditure control for the country to remain on path fiscal sustainability,” Matambo said in his 2019 budget to parliament. 

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