Business Botswana's take on the 2020-2021 budget

Partners: The local private sector remains heavily reliant on government for sustenance. Government is now asking it to lead growth and development
Partners: The local private sector remains heavily reliant on government for sustenance. Government is now asking it to lead growth and development

Business Botswana (BB) supports the key tenet of Honourable Thapelo Matsheka’s 2020-2021 Budget Speech which, when all has been said and done, is about the economic transformation of Botswana to high income.

We also affirm that the economic model, which has served us well since the founding of the nation in 1966, needs to change to a private sector driven approach.

It is in that view that we appreciate that the budget seeks to address the economic challenges facing the country during the course of National Development Plan 11 such as macro-economic stability, greater socio economic inclusion and improved quality of public services. These challenges are in turn, to be tackled via four priority areas namely: Promotion of export-led growth, ensuring more efficient government spending and financing, Building Human capital and provision of appropriate infrastructure.

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

Have a Story? Send Us a tip
arrow up