In his response to the 20260-2027 Budget Speech on Wednesday in Parliament, he described the issues as the primary “leak” in the national “sekgwama.” Saleshando emphasised that strengthening governance is not merely an abstract concept, but one with tangible economic implications. These are not ordinary times. Yet, history reminds us that this nation has navigated difficult waters before and did so by clinging firmly to the principles of prudence and macroeconomic stability.
From independence in 1966, Botswana chose a path few resource-rich countries managed to sustain. Diamond revenues were not treated as windfalls for reckless expansion, but as capital to be managed with caution. The establishment of fiscal rules,…
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