In a recent discussion at the University of Botswana's Budget Dialogue, experts urged the government to critically review its subsidy frameworks and enhance tax collection efforts. They highlighted that current subsidies are not effectively reaching the intended beneficiaries, which has resulted in significant revenue losses. This situation is compounded by a growing debt ceiling that, if raised, could lead to increased interest rates and further strain the economy.

Dr. Jonah Tlhalefang, an academic from the University of Botswana, specifically pointed out that the electricity subsidy, aimed at aiding the poor's access to power, was failing to reach those who actually need it. Instead of alleviating poverty, the existing subsidy system is contributing to a minor revenue loss rather than benefitting the demographic it was designed to support. This misallocation not only hampers economic progress but also perpetuates youth unemployment, which is a pressing issue in Botswana.

Experts advocate for a strategic shift towards investment in the creative sector as a means to drive job creation and stimulate economic growth. This approach could not only improve the revenue situation but also provide sustainable employment opportunities for the youth, addressing dual issues of economic stagnation and escalating joblessness. As the government considers these recommendations, it will be crucial to implement solutions that effectively target and support disadvantaged communities to foster broader economic stability.