Public procurement carries potential to create jobs � Experts
Friday, March 03, 2017
Economic experts and top government officials, who participated at a recent panel discussion were of the view that public procurement is inherently inefficient and hence more needs to be done to make it efficient.
The panel discussion, organised by the University of Botswana (UB) Faculty of Business, was focused on employment creation through public procurement during the 2017/18 national budget.
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...