The NDP 11 Mid-Term Review: A focus on economic transformation
Friday, August 14, 2020
This document’s primary purpose is to look holistically at the past three years of the Botswana economy, what we’ve achieved, challenges and adjust the trajectory of the NDP11 as necessary. In this article I therefore try to bring out some snapshots in the document and possibly offer some insight and advice into some of the issues at play. Due to the sheer breadth of the document, I will strictly stick to issues related to the economy and its potential transformation.
NDP 11 backdrop
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...