PS calls for structural shift of economy

Time for change: Sekwakwa says restructuring is needed if economy is to diversify
Time for change: Sekwakwa says restructuring is needed if economy is to diversify

The permanent secretary in the Ministry of Finance and Economic Development, Solomon Sekwakwa has called for the restructuring of the economy noting that a lot of structural issues need to be reviewed.

Appearing before the Public Accounts Committee this week, Sekwakwa expressed dissatisfaction at the rate in which the economy is failing to be diversified adding that reflection on key fundamentals is important because they are constant. “In my view, we need to take a step back to see and work really hard to restructure our economy in many areas starting from the visa issues. There is a lot of structural issues that need focus on,” he said.

Sekwakwa was responding to a question from the Member of Parliament for Selebi-Phikwe West, Dithapelo Keorapetse who wanted to know if the ministry is happy with efforts that government has put forth to diversify the economy.

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