Ratings: Foreign and Local Currency: A-/Stable/A-2 For further details see ratings list. Despite the decommissioning of copper-nickel state-owned mines last year, Botswana's growth prospects remain strong, supported by a stabilizing diamond sector and resilient service, construction, and agriculture sectors. The recovery in diamond production and prices has improved Botswana's external and fiscal performance. We are affirming our ratings on Botswana at 'A-/A-2' and revising the outlook to stable from negative. The outlook reflects our view that the diamond sector has stabilized both prices and production at a higher level than our previous assumptions, which supports government fiscal revenues and stable economic growth over the next 12-24 months. On Oct. 27, 2017, S&P Global Ratings revised to stable from negative its
