Reforms needed to avoid middle income trap � BoB

Wright
Wright

Promotion of inclusive growth and continued evolvement of institutions are some of the key reforms Botswana has to implement if it is to graduate from a middle to higher income country, the Bank of Botswana (BoB) has advised.

Botswana, which attained Middle Income Country (MIC) status as far back as 1992, has seen slowing growth, while productivity has declined in recent years leading to fears that the country has been locked in a MIC trap.

While still positive, economic growth has slowed in Botswana, as previous growth drivers weaken and the rise in per capita income wanes.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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