Economy stands at crossroads, economist says
Friday, February 21, 2025 | 230 Views |
Sharing ideas: Mokhurutshe
Speaking during the Access Bank Botswana 2025–2026 budget review last week, Kgori Capital economist, Kitso Mokhurutshe, said the fiscus must be brought to balance without delay, as continued deficits pose a significant risk to economic resilience.
He said budget surpluses are essential to rebuilding fiscal buffers and ensuring the country can withstand future financial shocks, adding that strengthening revenue collection and broadening the tax base are imperative steps toward this goal. He said targeted tax increases on high earners are a welcome development in fostering a more equitable and sustainable fiscal structure.
For too long, the state of many public schools has been a source of shame. We have all seen the pictures and heard the stories of broken windows, unreliable water and electricity, topped by classrooms that are not fit for proper learning. The establishment of the Education Infrastructure and Management Company Ltd (EIMC) signals that authorities are finally ready to take this problem seriously. We must commend the government for this initiative....