Stimulus package could hurt economy � economists

Jefferis
Jefferis

President Ian Khama’s economic recovery package will actually hurt the economy more in the long run, according to economic analysts.

In a recent economic review for the third quarter of 2015, analysts from Econsult Botswana, Keith Jefferis, Brandon Basele and Sethunya Sejoe argued that in some respects, the stimulus package could make things worse.  The experts indicated that the real cause of slowing growth is not the absence of government spending, but a lack of competitiveness.

“Analysis of the likely impact of the stimulus package is difficult in the absence of information regarding its content, timing, magnitude and funding.  However, indications are that it will be large, and will be implemented as soon as possible,” stated the economists in the review.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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