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Lefatshe la Botswana
Republic of Botswana

Flag of Botswana Coat of Arms of Botswana
Motto
Pula
Anthem
Fatshe leno la rona
This Land of Ours
Map of Botswana
CapitalGaborone
Government Republic and parliamentary democracy
President
- From 2008Ian Khama
Legislature National Assembly
History
September 30, 1966Established
Commonwealth accessionSeptember 30, 1966
Area581,730 km²
Population
- 20102,029,307
 Density3.4/km²
GDP2010 (PPP)
- TotalUS$ 31.3 billion
- Per capitaUS$ 15,450
CurrencyPula
Flag of None Bechuanaland
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The Republic of Botswana is a parliamentary democracy in Southern Africa.


Background

Formerly the British protectorate of Bechuanaland, Botswana adopted its new name upon independence in 1966. Four decades of uninterrupted civilian leadership, progressive social policies, and significant capital investment have created one of the most dynamic economies in Africa. Mineral extraction, principally diamond mining, dominates economic activity, though tourism is a growing sector due to the country's conservation practices and extensive nature preserves. Botswana has one of the world's highest known rates of HIV/AIDS infection, but also one of Africa's most progressive and comprehensive programs for dealing with the disease.[1]

Economy

Botswana has maintained one of the world's highest economic growth rates since independence in 1966, though growth fell below 5% in 2007-08, and turned sharply negative in 2009, with industry falling nearly 30%. Through fiscal discipline and sound management, Botswana transformed itself from one of the poorest countries in the world to a middle-income country with a per capita GDP of $13,100 in 2010. Two major investment services rank Botswana as the best credit risk in Africa. Diamond mining has fueled much of the expansion and currently accounts for more than one-third of GDP, 70-80% of export earnings, and about half of the government's revenues. Botswana's heavy reliance on a single luxury export was a critical factor in the sharp economic contraction of 2009. Tourism, financial services, subsistence farming, and cattle raising are other key sectors. Although unemployment was 7.5% in 2007 according to official reports, unofficial estimates place it closer to 40%. The prevalence of HIV/AIDS is second highest in the world and threatens Botswana's impressive economic gains. An expected leveling off in diamond mining production within the next two decades overshadows long-term prospects.[2]

President

  • Ian Khama () (April 1, 2008 - )



Nation

Botswanian Polities

Neighbouring Nations

References

  1. The CIA World Factbook: Introduction - Background
  2. The CIA World Factbook: Economy - Overview

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