Stimulus package could hurt economy � economists
Friday, October 30, 2015
Jefferis
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.
Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...