Botswana targets average economic growth of 4.4 percent in next 6 years: finmin - CNBC Africa

Botswana targets average economic growth of 4.4 percent in next 6 years: finmin

Southern Africa

by Reuters 0

Botswana targets average economic growth of 4.4 percent in next 6 years. Photo:

Botswana will target an average economic growth rate of 4.4 percent in the next six years under a medium-term socio economic framework from 3.8 percent currently, the finance minister said on Monday.

But the targeted growth rate will not be enough to address the southern African country's development challenges, which include poverty, income inequality and unemployment, Finance Minister Kenneth Matambo told a conference.

"Our challenge is to find measures that increase the growth of the economy beyond the projected level of 4.4 percent," said Matambo.

 

(Writing by Nqobile Dludla; Editing by James Macharia)

 

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