The Honorable Dr. Thapelo Matsheka, Botswana’s Minister of Finance & Development, delivered the Budget Speech to Parliament on 3 February 2020. Highlights of the Budget speech, including a proposal to attract foreign direct investment, are discussed below.
Economic highlights
General comments
In his maiden budget speech, the Minister announced that the new 2020/21 budget will focus on two major areas:
- Growing the economy and creating employment
- Social programs to sustain livelihoods
According…