World Bank casts doubt on growth targets

Sharing insights: A panel discussion during the World Bank engagement on the economy’s direction PIC: PHATSIMO KAPENG
Sharing insights: A panel discussion during the World Bank engagement on the economy’s direction PIC: PHATSIMO KAPENG

A recent study published by the World Bank on the prospects of Botswana reaching its economic targets has cast a cloud on the country’s aspirations, citing dampened prospects and a lack of tangible drivers of growth going forward.

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.


Editor's Comment
Women in Politics caucus NGO, a welcome development

In the 2014 General Election, women who stood for parliamentary elections were a mere 17 out of a total of 192 aspirants, and sadly the number dropped to 11 out of 210 parliamentary aspirants in the 2019 General Election. Hopefully, registration of the Women in Politics Caucus will give women the necessary support to join politics. While things were slowly improving, women for a long time were at the receiving end as compared to their male...

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