IMF Deputy Managing Director Tao Zhang visits Botswana, announces stronger ties Updated for 2021

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Updated: February 28, 2021

The International Monetary Fund (IMF) is looking forward to strengthening partnership and collaboration with Botswana and its people, IMF Deputy Managing Director, Mr. Tao Zhang, said on Friday after visiting Gaborone, Kasane, and surroundings, including the impressive Kazungula bridge, from February 4­ to February 7, 2020.

“The IMF looks forward to strengthening its partnership and collaboration with Botswana and its people,’’ Mr. Tao said in a statement received by TODAY NEWS AFRICA in Washington DC, following a visit he described as encouraging.

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“I want to thank His Excellency President Masisi, Minister of Investment, Trade and Industry Serame, Acting Permanent Secretary to the President Magosi, Bank of Botswana Governor Pelaelo, other senior officials, and the people of Botswana for a very warm reception.

“It was a pleasure to visit Botswana again and learn how the nation is moving toward transforming its economy from a government-led to a private-sector driven, knowledge-based economy. I also had the opportunity to explore the beautiful cities of Gaborone, Kasane, and surroundings, including a visit to the impressive Kazungula bridge.

“In addition, I participated in a workshop on economic diversification, where I was able to learn from and exchange views with participants, and understand the challenges facing Botswana as it embarks on a transition to high-income status. I also visited a children’s village and witnessed efforts being made to educate the youth and protect Botswana’s vulnerable groups,” he added.

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Simon Ateba
Simon Ateba
Simon Ateba covers the White House, the U.S. government, the International Monetary Fund, the World Bank and other financial and international institutions for Today News Africa in Washington D.C. Simon can be reached on simonateba@todaynewsafrica.com

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