World Bank casts doubt on growth targets
Friday, November 17, 2023 | 420 Views |
Sharing insights: A panel discussion during the World Bank engagement on the economy’s direction PIC: PHATSIMO KAPENG
The study looked at historical economic figures and the growth forecast going into the future, given the prevailing and forecast macroeconomic circumstances. The study was undertaken as part of a periodic obligation by the World Bank to member states, to carry out research and advice on policy actions to safeguard economic growth.
Unveiling the report last week in Gaborone, lead economist at the World Bank, Jacques Morisset, said that it will be difficult for Botswana to reach its medium-term targets as stated in national plans such as the Trans National Development Plan (TNDP). According to Morisset, Botswana has reached a plateau of economic growth with rates rising by diminished values since 2010.
A young man suspected of breaking into a car was seized by residents, severely assaulted, and died in the hospital within an hour. We unreservedly condemn this mob justice. It is not a solution to crime, but a criminal offence that turns citizens into murderers.Residents are understandably angry about theft. The person who raised the alarm at 4am acted lawfully, and the neighbours who rushed to help showed community spirit. But what followed was...