Africa lags behind on global trade � Serame
Friday, May 27, 2016
She was speaking at the official opening of the World Trade Organisation (WTO) regional trade policy course for English speaking African countries at the University of Botswana (UB) this week.
Serame emphasised the importance for the region to continue building necessary capacity to be able to formulate robust trade and industrial policies, which can facilitate integration into the global economy, and consequently create the much needed employment opportunities. “The WTO regional trade policy course is one important way of attaining the much-needed expertise, which can assist to achieve this objective,” she said.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...