'Greening Botswana's post-COVID-19 economic recovery
Friday, August 21, 2020
There’s a need and an appetite for multidisciplinary and new-fangled approaches to usher in a new era of economic development.
The era of the Asian Tigers and others demanded different. Today, those of us tracking behind have a different playbook: post-industrial, high tech, services driven economies. In addition to that, post-pandemic economic recovery will likely be dominated by narratives of ‘clean growth’, characterised by balancing rapid industrialisation and economic growth with sustainability and climate change in mind.
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...