Bank of Botswana - Annual Report 2004

According to the Bank of Botswana's Annual Report 2004, in 2003/04 real gross domestic product (GDP) grew by a provisional 5.7 percent, lower than the revised 7.8 percent growth in 2002/03.

Reduced growth rates were experienced in most economic sectors. The slowdown in mining growth to 6.9 percent, compared to the robust increase of 10.3 percent in 2002/03, had a significant impact on the overall growth rate. Despite the loss of momentum, mining was still the fastest growing sector and, with a 36

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