Botswana advised to establish AGOA office
Thursday, November 10, 2016
Speaking this week during the validation workshop of the draft AGOA strategy in Gaborone, George Makore said the AGOA office should be headed by a coordinator to be assisted by experts in export development, investment promotion, and information dissemination. “The process of setting up the institutional structure should be initiated within 60 days of approval of the strategy,” he stated.
While the ministry of investment, trade and industry will be the custodian of the AGOA response strategy, Makore said the implementation requires continuous efforts by all parties driven by a high level body, coordinated by the ministry.
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...