Common Contracts
1 similar Covid-19 Crisis Response Emergency Support Loan contracts
Ex-Ante Evaluation (for Japanese ODA Loan)Covid-19 Crisis Response Emergency Support Loan • February 24th, 2023
After the discovery of diamonds in 1967 immediately following its independence, the Republic of Botswana achieved rapid economic development. Through its diamond industry, which boasted of the second largest output in the world, and stable political and economic management, Botswana has grown into an upper-middle income country over the past five decades. However, its economy depended largely on the diamond industry with mining centered on diamonds accounting for approximately 10% of GDP and 80% of exports in fiscal 2019 (in Botswana, the fiscal year is from April to March of the following year). In its VISION 2036, the Botswanan government advocates a goal of breaking away from dependence on diamonds and is promoting diversification in industry, including the development of tourism, the second pillar of the Botswanan economy following mining and which represents about 5% of GDP.
