Joblessness to slow poverty reduction - World Bank
Friday, October 20, 2017
Botswana’s poverty levels, which depicts the number of people living on $1.9 or less per day, currently stands at 12.7%.
In a Macro Poverty outlook report released recently, the World Bank projects poverty levels to decline by 0.7 percentage point annually to reach 10.6% of the population by 2019.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...