Botswana's Inflation Hits 10.3% Amid Monetary Policy Debate. Botswana's annual inflation accelerated to 10.3 percent in April 2024, primarily driven by rising fuel prices, sparking

Botswana’s Inflation Hits 10.3% Amid Monetary Policy Debate

Botswana's annual inflation accelerated to 10.3 percent in April 2024, primarily driven by rising fuel prices, sparking a debate among economists regarding the effectiveness of conventional monetary policy tools against supply-side shocks. The Bank of Botswana maintains its interventions have successfully mitigated secondary inflationary effects, despite the delayed impact of policy adjustments.