NDP 10 focuses on accelerated diversification

Presenting the draft NDP 10 in Parliament on Monday, acting Minister of Finance and Development Planning, Keletso Rakhudu said that although diversification has been part of the economic policy for many years, the anticipated reduction in government revenues from diamonds in the long term has seen government placing greater emphasis on the programme.

"Further diversification requires accelerated efforts to reduce constraints on private growth," he said. Unlike the previous National Development Plans, which spanned over six years NDP 10 will be implemented over seven years to coincide with the Vision 2016. Already, NDP 10 has been delayed by a year.