The real rate of growth of non-mining GDP has definitely slowed, but current indications are for a soft landing. The economy’s growth rate appears to have fallen.Part of the reason is that government spending growth was already slowing down in 1999 and spending growth will continue at about this rate if actual spending is close to budgeted spending.The issues discussed in this BIDPA Briefing are as follows: Government Spending and GDP Growth, Non Traditional Exports, Exchange Rate Movements and the Closure of the Botswana Motor Company.
