Botswana's 2016 GDP growth estimated at 3.7 percent: IMF

Botswana's economy is projected to grow by 3.7 percent this year after an estimated contraction of 0.3 percent in 2015, the International Monetary Fund (IMF) said. "GDP growth is estimated to have turned slightly negative in 2015 owing to a decline in the global demand for diamonds and copper," the IMF said in a statement late on Thursday.