Africa-Press – Botswana. The President, Dr Mokgweetsi Masisi, says there is an urgent need to adjust beliefs and behaviour in order to transform the economy towards realising the aspirations of Vision 2036.
Dr Masisi said this at the Economic Committee of Cabinet (ECC) meeting on yesterday at Hotel 430 in Gaborone, where he received the Annual Economic Review from the Governor of Bank of Botswana (BoB).
“We need to deeply and courageously examine our thinking/paradigms, beliefs and behaviours to adjust them to match the imperatives of the economic transformation needed to achieve Vision 2036 aspirations. A re Chencheng,” he said.
President Masisi said he was looking forward to a fruitful meeting of the ECC and also highlighted that the meeting was taking place after the launch of the National Mindset Change Campaign last week.
“Remember, what kept us for many years as a middle income economy will not take us to a high income economy,” he said further urging for a change of mindset in order to grow the economy.
The ECC sitting was also to consider the proposal from the Ministry of Trade and Industry, focusing on the Administration and Implementation of Approved Government Industry and Investment Support Incentive Schemes.
President Masisi said the ministry had generated a paper containing proposals on what, in their assessment, was a better way of coordinating the speedy implementation of incentive packages to facilitate investors in the country.
Following the briefing of the ECC, Bank of Botswana organised a media briefing to be held today .
A statement from BoB says the briefing coincides with the publication of the bank’s 2022 Statutory Annual Report which covers the 2022 audited financial statement and operations and a review of economic development in 2022 as well as other relevant updates.
The presentation at the media briefing will be presented under the theme, “Building Economic Resilience: Fiscal, External Sector Sustainability and Climate Change resilience.”
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