Economy needs stimulus of up to P4bn
Friday, March 27, 2020
On Tuesday, analysts at leading economic consultancy, Econsult said the outbreak of the pandemic was having a major, negative impact on the global economy, and, with some lag, on the Botswana economy. Econsult forecasts that the economy in 2020 could shrink by four percent, compared to initial forecasts of up to four percent growth.
Government recently closed borders to neighbouring states and 18 other countries, while also closing bars, all learning institutions, limiting gatherings and clamping down on public transport, as a way of protecting Batswana against the coronavirus.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...