Ratings: Foreign and Local Currency: A-/Stable/A-2 For further details see ratings list. We expect Botswana's net external asset position and economic growth prospects to remain strong over the forecast period, supported by activity in the diamond sector and increased government capital spending. We are affirming our 'A-/A-2' ratings on Botswana. The outlook is stable. On April 27, 2018, S&P Global Ratings affirmed its 'A-/A-2' long- and short-term foreign and local currency sovereign credit ratings on Botswana. The outlook is stable. We also affirmed our 'A-/A-2' long- and short-term foreign and local currency sovereign credit ratings on the Bank of Botswana, because we equalize them with our ratings on the sovereign. The stable outlook reflects our view that production levels in
