Khama Launches The ESP

Ian Khama.PIC: KENNEDY RAMOKONE
Ian Khama.PIC: KENNEDY RAMOKONE

The ESP is a programme that is meant to boost economic growth through increased Government spending in identified sectors, diversify the economy and accelerate employment creation.

The Programme is a response to the current unfavourable economic climate following the world economic recession of 2008/9 which has resulted in job losses, not only in our country but in the world at large. One of the major challenges in the economy is fall of commodity prices in the mining sector including diamonds. There is a need to diversify the economy even more so as to create sustainable jobs and to be able to cushion the economy against the international shocks of the mineral process.

It is in response to the above that ESP is targeting the construction, the manufacturing, tourism and the Agricultural sectors. The Economic Diversification Drive (EDD) and the Special Economic Zones (SEZs) in particular will boost the local Manufacturing Sector.

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