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The Problem Of High Interest Rates: Don’t Control But Please Regulate

"The persistence of high interest rates in Ghana is the collective responsibility of banks, the fiscal authorities and the monetary authorities. High bank lending rates and large spreads are of particular concern, not only can they not be justifie...

Inflation Dynamics in Botswana and Bank of Botswana's Medium-Term Objective Range

"This study is motivated by the high and unpredictable episodes of inflation in Botswana over the last 20 years. This is despite the Bank of Botswana's concerted effort to keep inflation at its minimum and stable over time. More specifically, the ...

BIDPA Briefing 1st Quarter 2005

"This issue of the BIDPA Briefing discusses the sectoral performance of the economy during the decade to 2003/04. Mining and Government sectors posted strong growth rates. They accounted for 38 percent and 18 percent, respectively, of the total i...

BIDPA Briefing 1st Quarter 2002

"In this issue of the BIDPA briefing, we note that the growth in government spending may be unsustainable if not complemented by a rise in the economy's productive capacity. This reinforces the need for the country to expedite its efforts to diver...

BIDPA Briefing 1st Quarter 2000

"As noted in the BIDPA Briefing on the 2000 Budget, the Government plans to reduce the rate of growth of government spending quite drastically. The budget estimates for 2000/01 show that government spending will increase by only 3%, compared with...

BIDPA Briefing 3rd Quarter 1998

"The global economic turmoil of recent months has so far not had a major effect on the Botswana economy. Despite tumbling stock markets all over the world, and the fear of global economic recession, the Botswana economy is performing well, particu...

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