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President Advocate Duma Boko has officially launched the Botswana Economic Transformation Program (BETP), a bold national initiative aimed at revitalizing the countryâs stagnant economy and reducing unemployment.
Speaking during the launch, President Boko acknowledged Botswanaâs over-reliance on diamonds and widespread poverty, calling the current economic situation âa national inflection point.â He stressed the need for urgent reforms to diversify the economy and build resilience.
The President outlined a four-point agenda focused on shifting Botswana towards a services-led economy, establishing the country as a regional financial hub, leveraging its political stability to attract investment, and delivering sustainable, inclusive growth.
âOur transformation will not be slow â we will sprint,â said Boko, referencing global success stories like Dubai and Singapore as models.
The program also includes the introduction of economic transformation labs to fast-track investment opportunities and dismantle bureaucratic delays. To drive implementation, Botswana has partnered with Phemandu Associates, a world-renowned transformation firm, already working on the ground.
Progress will be tracked via a Presidential Delivery Dashboard, ensuring transparency and accountability across all ministries.
âThis is not a plan for the privileged few. Itâs for every citizen, every village, every town,â President Boko said.
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â£Dialogue with Leaders of State-Owned Enterprises
Today I met with leaders of State-Owned Enterprises, vital arms of the governmentâs commercial machinery to align on national priorities and a renewed focus on delivery.
I announced the launch of a National Transformation Programme, to be completed in 12 weeks. Unlike the National Development Plan, this initiative will focus on actionable projects with clear output goals, developed through broad stakeholder engagement.
A Project Delivery Unit has been established in the Office of the President to ensure timely execution and accountability.
With a results-driven mindset, our SOEs can help drive Botswanaâs transformation.
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#botswanatransforms