As a result of the world economic upturn, diamond production has resumed in response to a steady revival of overseas demand for rough diamonds; and it is expected that this trend will continue in the second half of the year.
The resumption of diamond exports has also led to surpluses in the current account of the balance of payments in recent months, so much so that the foreign exchange reserves are now increasing after months of consistent decline. As intimated earlier, the Bank of Botswana lent support to the domestic economic recovery by easing monetary policy.