Botswana: Middle East Volatility Risk to Economic Growth

Gaborone — An adverse effect on the global and domestic economy is likely to be felt from the ongoing conflict in the Middle East that has drawn the world’s largest economy, the United States of America, alongside Israel into an exchange of heavy artillery with Iran, in a conflict that now engulfs top emerging markets Qatar, the United Arab Emirates, Saudi Arabia and other Arabian states of the Persian Gulf. This was said by First National Bank of Botswana (FNBB) Chief Executive Officer, Mr…