Escaping the growth trap - NPC’s bold targets
Friday, August 23, 2024 | 1110 Views |
Optimistic: Molomo believes the high income economy dream can be achieved PIC: KENNEDY RAMOKONE
Mmegi; Government’s re-rationalisation exercise of 2022 saw the separation of the Ministry of Finance and Economic Development birthing the National Planning Commission (NPC). What was the reasoning for this separation and what was the founding philosophy for the NPC.
Molomo: We were established as a transportation vehicle, driving the nation to Vision 2036. Government came upon the realisation that planning and financial management are two distinct mandates that cannot be served faithfully by one ministry. To plan you need to be ambitious, you need to dream and this requires looking beyond what is in the wallet.
That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...