The fly in the ESP�s ointment

Wednesday, November 11, 2015

In as much as the Economic Stimulus Programme (ESP),, first announced by President Ian Khama last month, is meant to salve the country’s economic wounds, a fly in the ointment threatens to render the fiscal remedy ineffective.

As pointed out by commentators at the National Assembly after Monday’s State of the Nation Address, the ESP is not the first wide scale intervention of its kind in the country’s history.

In fact, it is only the latest in intermittent initiatives by government to keep citizens from disasters due to the fluctuations associated with being a single-commodity economy.

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