The International Monetary Fund (IMF) predicted Botswana’s economic growth to slow to 3.8 percent in 2023. Botswana’s economy is primarily driven by several major sectors that contribute significantly to its overall GDP and employment. AgricultureAgriculture plays a vital role in Botswana’s economy, particularly in rural areas where it serves as a source of livelihood for many people. ServicesThe services sector is a significant contributor to Botswana’s economy, encompassing various sub-sectors such as finance, telecommunications, transportation, real estate, and professional services. In conclusion, Botswana’s economy relies on several major sectors for its growth and development.
Source: News Business Ethiopia July 15, 2023 13:37 UTC