Botswana is set for an artificial budget surplus triggered by diamond production and the crawling peg between the pula and the US dollar, a research has shown.
According to Standard Bank of South Africa—trading as Stanbic in Botswana – the main drivers of the boom in this year will be the commodity prices which are at a record high and Botswana’s pulas accelerated loss of strength against the dollar- a currency in which diamond produced from Botswana is sold through. Full story..
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