S&P Global Ratings (S&P) has released the results of the review of the 2021 sovereign credit rating for Botswana. S&P affirmed the country’s sovereign credit rating for long and short term foreign and local currency sovereign credit at “BBB+/A-2” but maintained the negative outlook on account of the risks that COVID-19 pandemic continues to pose to the country’s economic and fiscal performance over the next 12 months.
The S&P Report is attached below: