Botswana to Forego IMF Aid

    Botswana may no longer need emergency aid from the International Monetary Fund as its economy is expected to expand by 4.1 percent in 2010, according to

    . "I don't think they will be requesting a program with the fund," IMF's director for Africa Antoinette Sayeh said. "They had considered one I believe earlier on and didn't ultimately go through with that."

    About the author

    • Ivy Mungcal

      As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.