GABORONE, July 25 (Xinhua) -- Botswana is implementing several initiatives and structural reforms to mitigate the potential adverse effects of U.S. tariffs on the southern African country, a Bank of Botswana official said on Friday.
"Despite this challenge of U.S. tariffs on Botswana diamonds, there are several government initiatives and structural reforms, which are expected to improve the business environment and strengthen fiscal resilience," said Innocent Molalapata, director of Research and Financial Stability Department at the Bank of Botswana.
