Botswana can be regional financial hub � IMF

Friday, August 11, 2017

The IMF believes Botswana's financial system has the potential to become a regional centre

Botswana’s financial sector is sound and stable and has the potential to be developed into a regional financial hub that can facilitate foreign direct investments, the International Monetary Fund (IMF) reckons.

In a country report released this week, the IMF said developing a regional financial hub can contribute to private sector development as it could adapt its services, regulation, and infrastructure to make investment by foreign investors easier and allow them to hedge risks.

The Bretton Woods institution believes this would enable capital to be efficiently channeled into investment projects.

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