Masisi should speak for KPs reform
Friday, June 24, 2022 | 70 Views |
On the other hand, President Mokgweetsi Masisi is set to embark on a trip to Europe to canvass support for Botswana’s bid to host the KP Secretariat.
While it will be a good thing for Botswana to win the bid to have the KP Secretariat on our shores, there is need to recognise and admit that the organisation is slowly losing its relevance.
These are not ordinary times. Yet, history reminds us that this nation has navigated difficult waters before and did so by clinging firmly to the principles of prudence and macroeconomic stability. From independence in 1966, Botswana chose a path few resource-rich countries managed to sustain. Diamond revenues were not treated as windfalls for reckless expansion, but as capital to be managed with caution. The establishment of fiscal rules,...