Economy stands at crossroads, economist says
Friday, February 21, 2025 | 220 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.
Whilst we join Botswana Sectors of Educators Trade Union (BOSETU) and other stakeholders in commending the rise in top grades, a testament to the unwavering effort of many teachers and pupils, this progress is fundamentally shadowed by a failing that shames our society. The stark, persistent urban-rural divide is not just a statistic, but an active betrayal of thousands of young Batswana.The figures are a damning indictment. When pass rates in...