ERTP: A call to action :: Mmegi Online

Earlier this week we received what is supposedly a draft version of a policy document called ‘The Economic Recovery and Transformation Plan (ERTP)’ being worked on and led by the Ministry of Finance and Economic Development (MFED).

This document is meant to be the roadmap by government to stimulate and shock the economy out of the worst economic crisis Botswana has ever had and was prepared by a committee led jointly by the Governor of the Bank of Botswana (BoB) and the Permanent Secretary of MFED with inputs from various entities such as BoB, Ministry of Investment, Trade and Industry (MITI), Botswana Institute for Development Policy Analysis (BIDPA) and University of Botswana (UB) amongst others.

This policy document acknowledges the devastation to productive capacity and subsequent loss of income from companies and individuals, especially in sectors such as mining, agriculture, trade, hotels and restaurants and the informal sector and tries to provide solutions to jumpstart the recovery of the country.

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