Botswana spends high on infrastructure but quality still poor � IMF

Government has spent an extra P5 billion on remedial works on Morupule plus power imports
Government has spent an extra P5 billion on remedial works on Morupule plus power imports

Botswana is one of the highest spenders on public investment, but this has not resulted in high quality infrastructure, the International Monetary Fund (IMF) says.

According to the latest IMF’s report on technical assistance on public investment management, Botswana scores below the most efficient countries with comparable levels of public capital stock per capita.  It states that public investment efficiency is lower than the average in emerging market economies and the world and this calls for the need to improve public investment management.

Based on the methodology outlined in the IMF Board Paper, the efficiency gap for Botswana is calculated at 37% compared to an average of 27% for the world and emerging market economies.

Editor's Comment
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