"5. Botswana is recovering from its worst recession in at least 40 years. The economy contracted by 3.7 percent last year as demand for diamonds collapsed in the wake of the global financial crisis. The prompt easing of fiscal and monetary policies cushioned the impact of difficulties in the mining sector on the rest of the economy such that the nonmining sector grew by a healthy 6.2 percent in 2009."
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International Monetary Fund, International Monetary
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