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Monetary Policy Statement

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Since 1998 the Bank of Botswana has published an annual Monetary Policy Statement (MPS) as the centrepiece of the Bank’s monetary policy framework. The Statement, which is launched in February each year, reviews developments regarding both domestic and international inflation over the previous twelve months, and sets out the Bank’s inflation objective for the coming year. It also announces any changes that have been made to the policy framework. The MPS is supplemented by a mid-year review.

The MPS and mid-year review for the following years are available through this website: 

2016 Policy Statement     Mid-Term Review
2015  Policy Statement     Mid-Term Review
2014 Policy Statement     Mid-Term Review
2013 Policy Statement     Mid-Term Review
2012 Policy Statement     Mid-Year Review
2011 Policy Statement     Mid-Year Review
2010 Policy Statement     Mid-Year Review
2009 Policy Statement     Mid-Year Review
2008 Policy Statement     Mid-Year Review
2007 Policy Statement     Mid-Year review
2006 Policy Statement     Mid-Year Review
2005 Policy Statement     Mid-Year Review
2004 Policy Statement     Mid-Year Review
2003 Policy Statement     Mid-Year Review
2002 Policy Statement     Mid-Year Review
2001 Policy Statement      
2000 Policy Statement      
1999 Policy Statement      


Queries relating to the MPS can be made to the Monetary and Financial Stability Department:

Contact details:
Tel: +267 360 6355
E-mail: bandam@bob.bw

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