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Addressing Botswana's Economic Challenges: A Path to Sustainable Growth

Unlocking Botswana's Potential: Overcoming Economic Hurdles

Understanding the challenges and exploring solutions for sustainable development in Botswana.

Addressing Botswana's Economic Challenges: A Path to Sustainable Growth

Botswana

Botswana, despite its natural resources, faces significant economic challenges hindering its progress. These include limited economic diversification, reliance on the diamond industry, slow economic growth, high unemployment, and vulnerability to global and climate shocks.

Structural Challenges

Over-reliance on the diamond industry, limited economic diversification, and weak infrastructure hamper sustainable growth.

Slow Economic Growth

Economic growth has averaged only 2.5% between 2015 and 2023, insufficient to address pressing social and economic needs.

Global and Climate Shocks

The COVID-19 pandemic and climate change have significantly impacted Botswana's economy and social development.

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