Widening Income Inequality Worry Economists

Monday, April 08, 2019

Economists have expressed concerns over the country’s rising income inequality highlighting that it can lead to social economic unrest.

Speaking at the Barclays Bank of Botswana’s annual economic outlook review, the bank’s economist Naledi Madala noted that recent studies have detected growth in income inequality over the years.

“Income inequality is currently a burning issue in the country where the lower bottom is the most affected and the gap between the rich and the poor keeps widening,” she said.

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