This paper analyzes Botswana's medium-term fiscal sustainability in view of the expected depletion of diamonds in the future. The analysis shows that in the absence of policy adjustments, Botswana's current fiscal policy strategy is unsustainable over the longer term, which could endanger macroeconomic stability and Botswana's reputation as Africa's success story. Ensuring medium-term sustainability of Botswana's public finances requires stronger...
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INFORMATION
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2010/11/01
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Document de travail de recherche sur les politiques
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WPS5480
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1
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1
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2010/11/16
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Disclosed
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Diamonds are not forever : Botswana medium-term fiscal sustainability
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Poverty Reduction & Economic Management