
1. A private sector driven economy Business Botswana supports the key tenet of Honourable Thapelo Matsheka’s 2020/21 budget speech which, when all has been said and done, is about the economic transformation of Botswana to high income. We also affirm that the economic model which has served us well since the founding of the nation in 1966, needs to change to a private .sector driven approach. 2. Priority areas It is in that view that we appreciate that the budget seeks to address the economic challenges facing the country during the course of NDP 11 such as macro-economic stability, greater socio economic inclusion and improved quality of public services. These challenges are in turn , to be tackled via four priority areas namely : Promotion of export led growth , ensuring more efficient government spending and financing , Building Human capital and provision of appropriate infrastructure 3. Return to Project Appraisals With respect to infrastructure and efficient government spending, we endorse the Budget Speech’s principle of placing a strong emphasis on projects with high returns to promote value for money. This therefore requires a careful selection of high impact projects accompanied by the need to minimise waste, cost overruns and…