Botswana needs structural reforms-World Bank

Botswana should make structural reforms in order to abate volatility and sustainability risks that the country is facing, says World Bank. In a recently published world development indicators and macro poverty outlook, the international financial institution highlighted the need for reforms in the water and energy sectors.

It also advised the country to address labour market distortions to spur private sector job creation. “Investments are needed in infrastructure and human capital, as well as establishment of trade, business environment, and immigration policies that encourage competition,” said the bank.

The World Bank stated that continuing electricity and water supply disruptions have impacted manufacturing, whereas the negative effects of a regional drought adversely affected agriculture. In contrast, it said, service and retail sectors led the non-mining sectors to overall growth of above three percent.

Editor's Comment
UDC should deliver on promises

President Duma Boko and his government must now hit the ground running to deliver on their promises and meet the high expectations of Batswana. The UDC has pledged to foster a deliberative democracy, where open dialogue and continuous conversations are encouraged. This approach will allow different viewpoints to be heard and strengthen the ideas that shape our nation. The introduction of the long-awaited Freedom of Information Act (FOIA) is a...

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