Botswana promises UN of transforming nation to high-income country

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Botswana President Mokgweetsi Masisi late Friday informed a United Nations delegation that he wants to transform his country from a middle-income country to a high-income country. The  United Nations Conference on Trade and Development (UNCTAD) team led by its secretary General Mukhisha Kituyi is in Botswana to set the tone for the national transformational agenda priorities.

Masisi said as part of efforts to transform the country, there is the urgent need for a National Transformation Strategy to be developed in order to drive the process of transforming Botswana into a High-Income country.

president-masisi“In this respect, I am happy to inform you that I will soon announce  members of the National Transformation Strategy Team. Their mandate will be to come up with innovative ways of driving the national development agenda of this country,” he said.

Dr Masisi said specifically, the main focus of the team will be to achieve among others, a diversified economy, an export-led economy, an economy that is open to Foreign Direct Investment, a vibrant economy that is also integrated into the global economy that is innovative and creative; and an economy with self-reliant entrepreneurial spirit.

pastedGraphic.pngHe said since becoming the President last April, notable achievements have been realized in some areas including, a review of the alcohol levy, a review of the hunting ban – a process which is still to be concluded with the Government taking appropriate decisions on the recommendations advanced so far.

Masisi said other achievements include a comprehensive review of the Economic Diversification Drive Initiative – also to be concluded soon, a cluster development model in the key prioritised sectors of beef, tourism and financial services which is being implemented, the Ease  of Doing Business Reforms that have been undertaken so far and  have  put the country on a path towards luring investors to Botswana and  the implementation of  the Special Economic Zones (SEZ) that is also in full stream and its  contribution to an export-led economy cannot be overemphasised.

UN team to assist in Botswana transformation agenda

A United Nations Conference on Trade and Development (UNCTAD) team is in Botswana to assist in the process of setting national transformational agenda priorities for the southern African country, state media reported Friday. The Daily News said the team, comprising resource persons from within and outside UNCTAD with knowledge in the international development policy sphere, is led by the organisation’s secretary general Mukhisa Kituyi.

The team is scheduled to engage ministers during their second two-day cabinet retreat that began on Friday. The UN experts are expected to share with cabinet insights on global developments and linkages to Botswana‘s development.

The team is expected to discuss strategies that should be put in place for transforming Botswana from a resource-based to a knowledge-based economy. Kituyi said the visit was at the invitation of President Mokgweetsi Masisi which was extended during the World Investment Forum held in Switzerland last year.

source: journalducameroun.com

2 weeks ago

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