2008

Short-term inflation objective and intermediate target for credit growth dropped. Monetary policy to be guided by medium term inflation objective (retained at 3-6 percent) and accompanying inflation forecast.

October – Governor Mohohlo named central bank governor of the year for Africa by the Emerging Markets Forum. The award was in recognition of the Bank’s development of monetary policy and commitment to medium term price stability. Botswana chosen for Steering Committee to advise on the management of Sovereign Wealth Funds (SWFs).