DJIBOUTI: World Bank Report

years through infrastructure development and economic diversification, something that all the previous BDP governments failed to do.Economist Keith Jefferis argues the economy is so weak that the new administration will have to cut spending significantly."If you want a significant number of new jobs, they can only come with much faster GDP growth, and the growth has to come from sectors that are labour intensive such as manufacturing and agriculture.But for those sectors to grow significantly in such a small market as Botswana they have to look outside for their market and that means they have to be competitive if they are going to export."Other Umbrella for Democratic Change (UDC) promises that are likely to increase government spending include the manifesto pledge to introduce comprehensive health insurance for all citizens and to increase old age pension and student living allowances.(Africa Confi