Govt defends position on economic stimulus package

source: Mmegi

The Assistant Minister of Finance and Development Planning, Keletso Rakhudu, says while the government has not drawn up a hefty stimulus package to prop the local economy against the recession, its range of initiatives and policy interventions have kept the country adequately afloat.

Speaking at the Annual General Meeting of Botswana Exporters and Manufacturers Association (BEMA) last week, Rakhudu said despite pressure from the private sector for a cure-all stimulus package, Botswana’s economic composition was different from some Western countries’ that have pumped in billions of dollars to rescue their economies.

“Unlike the developed countries, for us the big companies are not [continue reading]

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