A small growth

FNBB predicts 3.9 percent economy growth

First National Bank Botswana (FNBB) forecasts the local economy will grow by 3.9 percent in 2019 and by 3.7 percent next year.However, the figures are lower than government’s economic growth estimates of 4.2 percent and 4.8 percent for 2019 and 2020 respectively.The Financial Stability Report (FSR), released this week, suggests the domestic economic performance will be influenced by factors such as the accommodative monetary policy and anticipated increase in government spending.Given the narrow export base, the FSR warns that the economy remains vu...