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
Shame on BotswanaPost, like-minded employers

Just recently, the Manual Workers Union successfully interdicted BotswanaPost from implementing new terms and conditions of employment for its members without the union’s knowledge.The union then took the BotswanaPost to court seeking to stop the postal parastatal from implementing terms and conditions of the workers who fall under their membership without being involved on their behalf.In his ruling, Justice Isaac Bahuma of the Gaborone...

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