Botswana to continue tightening
The Bank of Botswana will maintain its restrictive monetary policy, Linah Mohohlo, the governor of the central bank, said in the opening remarks to the mid-term monetary policy statement.
Inflation rose from 8.1% in December 2007 to 14.5% in June and there was also some indication of a more widespread acceleration in prices that indicate second-round effects from rising energy prices, said Mohohlo. Apart from imported inflation, pressures have arisen from domestic demand as indicated by high
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