The Bank of Botswana’s Monetary Policy Committee (MPC) has unanimously maintained the country’s main interest rate at 3.5% for the second consecutive meeting. Addressing the media in Gaborone following the MPC meeting, Bank of Botswana Governor Lesego Moseki said the economy is expected to continue operating below full capacity in the short to medium term, resulting in subdued demand‑driven inflationary pressures.


Channel Africa’s Correspondent in Botswana, Shingirai Madondo, reports.

The Bank of Botswana&rsquo;s Monetary Policy Committee (MPC) has unanimously maintained the country&rsquo;s main interest rate at 3.5% for the second consecutive meeting. Addressing the media in Gaborone following the MPC meeting, Bank of Botswana Governor Lesego Moseki said the economy is expected to continue operating below full capacity in the short to medium term, resulting in subdued demand‑driven inflationary pressures.
 Channel Africa&rsquo;s Correspondent in Botswana, Shingirai Madondo, reports.

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