Shiloh
Editor, Senior Moderator
Source: Botswana’s economy set to shrink drastically amid COVID-19
By Daniel Plafker -
April 24, 2020
Botswana’s economy is set to contract dramatically amid the fallout from the novel coronavirus pandemic, according to data announced by the country’s finance ministry Friday.
The Southern African country’s GDP is expected to shrink by more than 13% in the current fiscal year, Finance Minister Thapelo Matsheka said in televised address. It’s the largest contraction since the recession that followed the global financial crisis of of 2008...
By Daniel Plafker -
April 24, 2020
Botswana’s economy is set to contract dramatically amid the fallout from the novel coronavirus pandemic, according to data announced by the country’s finance ministry Friday.
The Southern African country’s GDP is expected to shrink by more than 13% in the current fiscal year, Finance Minister Thapelo Matsheka said in televised address. It’s the largest contraction since the recession that followed the global financial crisis of of 2008...