01796cas a2200241 a 4500 AALejournalIMF017879 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484314814 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Botswana : 2017 Article IV Consultation-Press Release; Staff Report. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (58 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2017 Article IV Consultation highlights the recovery of Botswana's economic activity in 2016: real GDP growth was 4.3 percent. Mineral production has remained subdued, but diamond sales rebounded as conditions in the global market began to improve. Nonmining activities also expanded, supported by accommodative fiscal and monetary policies and reforms in the electricity sector. Year-over-year inflation has remained stable near the lower band of the Bank of Botswana's inflation objective range of 3-6 percent; the 12-month rate of inflation was 3.5 percent in May 2017. The fiscal position has also improved as the deficit narrowed from 4.6 percent of GDP in fiscal year 2015/16 to about 1 percent of GDP in 2016/17. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/249 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/249/002.2017.issue-249-en.xml IMF e-Library