Mmegi

Execution, not ambition hinders economic diversification – Gaolathe

Drawing the line: Gaolathe PIC: MIN OF FINANCE
Drawing the line: Gaolathe PIC: MIN OF FINANCE

KASANE: Vice President and Minister of Finance, Ndaba Gaolathe, has stressed that the country’s greatest hurdle in its attempts to achieve economic diversification lies not in lack of ambition but poor execution.

Speaking at the World Savings and Retail Banking Institute (WSBI) conference, Gaolathe said that whilst Botswana has long set its bold aspirations for economic transformation, the challenge has consistently been translating those ambitions into practical outcomes.

“For too long our challenge has not been ambition but execution,” he said. “The Botswana Economic Transformation Programme through the Big Fast Results represents our commitment to closing this gap, to prepare not just our people for the future but also the future for our people.”

Editor's Comment
The State apparatus must be sanitised

When the State cannot rely on its own machinery to pursue suspected wrongdoing, repairing that machinery must become a national priority.The establishment of a Special Investigations and Asset Recovery Task Force may help government respond to the immediate challenge. However, Botswana cannot afford to leave the Directorate on Corruption and Economic Crime (DCEC) and the Directorate of Public Prosecutions (DPP) struggling whilst building...

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