Feb 12 β€’ 14:26 UTC 🌍 Africa AllAfrica

Botswana: MPs Evoke a Move Towards Job Creation and Fiscal Discipline

Botswana's parliamentary debate on the 2026/27 Budget reflects a shift towards a private-sector-led economic model focused on job creation and fiscal discipline.

Botswana is undergoing a significant economic strategy shift as discussed in the ongoing parliamentary debates regarding the 2026/27 Budget. Lawmakers are emphasizing a transition from government expenditure to a model that encourages private-sector involvement, aimed at addressing key issues such as youth unemployment and healthcare shortages. The focus is on diversifying the economy, which has long been reliant on diamond mining, through initiatives such as the Botswana Economic Transformation Programme (BETP). This program identifies various projects intended to diversify economic activities and create employment opportunities.

During the debate, Assistant Minister of Transport and Infrastructure Mr. Keoagile Atamelang highlighted the potential for job creation through significant infrastructure projects, such as a proposed 400-megawatt solar farm in Letlhakane. He asserted that such investments could particularly boost employment for the youth, who face high unemployment rates. The establishment of such an energy project aligns with the government's broader strategy to stimulate the private sector and reduce public dependency on diamond revenues, which have historically driven Botswana's economy.

In addition to addressing job creation, MPs raised points about the importance of fiscal discipline and careful budget allocation. The government has earmarked P1.85 billion for maintenance activities, which is vital in sustaining existing infrastructure while ensuring that new initiatives like the BETP can have a lasting impact on the economy. Overall, the emphasis on a private-sector-led approach marks a pivotal change in Botswana's economic policy aimed at fostering sustainable growth and addressing pressing social issues.

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