Gov�t moots legislating PPPs
Tuesday, April 04, 2017
Speaking at a PPPs capacity building workshop for local authorities in Gaborone yesterday, secretary for development and budget in the Ministry of Finance and Economic Development, Cornelius Dekop said currently there is no law governing the PPPs.
He said for the PPPs to work, supporting institutional, legal, and regulatory reforms are needed to open markets traditionally monopolised by the public sector to the private sector.
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...