Projected hard times call for reduced public spending-WB
Wednesday, August 25, 2010
At a workshop held to discuss a Botswana Public Expenditure Review Report in Gaborone yesterday, it emerged that with a less accommodating economic outlook on the horizon due to dwindling diamond and Sacu revenues, which constitute the government's two main sources of income, the country is heading towards fiscal unsustainability if corrective measures are not taken.
The report - whose key findings were that the government should significantly cut public spending and simultaneously look for alternative sources of income - was drafted by the World Bank under the auspices of the Ministry of Finance.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...