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To Revitalize Economy & Reduce Unemployment, Botswana Launches Economic Transformation Program
To Revitalize Economy & Reduce Unemployment, Botswana Launches Economic Transformation Program
Sputnik Africa
To Revitalize Economy & Reduce Unemployment, Botswana Launches Economic Transformation Program 16.07.2025, Sputnik Africa
2025-07-16T16:38+0200
2025-07-16T16:38+0200
2025-07-16T18:14+0200
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To Revitalize Economy & Reduce Unemployment, Botswana Launches Economic Transformation Program Botswana's current economic situation marks a "national inflection point" that demands urgent reforms to diversify away from overreliance on diamonds and build resilience, President Duma Boko stated.Once implemented, the program will help shape a new Botswana — more connected, economically sustainable, and globally competitive — inspired by the success models of Dubai or Singapore, according to the president.Key goals:
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To Revitalize Economy & Reduce Unemployment, Botswana Launches Economic Transformation Program
Sputnik Africa
To Revitalize Economy & Reduce Unemployment, Botswana Launches Economic Transformation Program
2025-07-16T16:38+0200
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To Revitalize Economy & Reduce Unemployment, Botswana Launches Economic Transformation Program
Botswana's current economic situation marks a "national inflection point" that demands urgent reforms to diversify away from overreliance on diamonds and build resilience, President Duma Boko stated.
Once implemented, the program will help shape a new Botswana — more connected, economically sustainable, and globally competitive — inspired by the success models of Dubai or Singapore, according to the president.
enhance macroeconomic stability and resilience to global shocks;
create new revenue streams and business ecosystems;
promote private sector growth and social innovation;
reform public institutions to be forward-thinking, digital, and citizen-focused.
"Our transformation will not be slow – we will sprint. […] This is not a plan for the privileged few. It’s for every citizen, every village, every town," Boko emphasized.
