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Parly endorses economic transformation programme

Tuesday, November 11, 2025 | 70 Views |

Members of Parliament (MPs) have collectively approved a motion tabled by the Minister of Finance, Ndaba Gaolathe, seeking Parliament’s endorsement of the Botswana Economic Transformation Programme (BETP) as the national framework for driving the country’s economic transformation agenda.

Presenting the motion, Gaolathe said Botswana’s historic economic success, anchored on diamond revenues, had delivered stability and prosperity over the decades, but also exposed structural weaknesses such as limited economic diversification, high unemployment, poverty, inequality, and fiscal pressures now threatening sustainable growth.

He stressed that Botswana has never lacked sound policies or well-crafted development plans, but rather struggles with implementation.

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Parly endorses economic transformation programme

Members of Parliament (MPs) have collectively approved a motion tabled by the Minister of Finance, Ndaba Gaolathe, seeking Parliament’s endorsement of the Botswana Economic Transformation Programme (BETP) as the national framework for driving the country’s economic transformation agenda.