Economy
Botswana's impressive economic performance over the past three decades is mainly due to the success of the export sector. This sector is dominated by diamond mining, which during the 1990s contributed on average 35 percent to GDP, accounted for 82 percent of export earnings, and made up 53 percent of government revenue.
Government policy aims to reduce the vulnerability from this dependence on diamonds by diversifying the export base, and promoting growth and development of non-mining sectors.
The government aims to position Botswana to compete effectively in global markets by adjusting its economic structure and institutional framework to take advantage of opportunities offered by globalisation. Various programmes, policies and strategies are being implemented to drive the economy, including provision of requisite infrastructure, maintaining a conducive macro-economic policy regime for private sector initiatives, and increasing labour productivity through human resources development.
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Themes