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Botswana Finance Minister Kenneth Matambo

He said a recent challenge to the promotion of growth and economic diversification has been the declining total factor productivity in the domestic economy, especially labour productivity. “In this regard, Government will continue to put in place measures to promote productivity that include: reforming the country’s education and training system; improving work ethic through training the workforce; as well as reviewing labour legislation; with a view to promoting efficiency in the labour market,” said Matambo.  Such labour market reforms, he said, will assist the economy to transit from mineral-led to a knowledge economy.  Link

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