Thursday, May 23, 2024

Botswana told IMF that it was cutting spending last year

Almost every year, the International Monetary Fund (IMF) despatches a team from its headquarters in Washington D.C., the United States capital, to hold what are called Article IV consultations with Botswana officials. These consultations focus on economic developments and policies. Back in Washington, the IMF team prepares a staff report for consideration by the Executive Board. Last year, a team came to Gaborone and held consultations that began on July 4 and ended on July 14. Back in Washington, it prepared a staff report that the Executive Board considered on August 28.

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