"We do not have a problem with China at all."
Ontefetse Kenneth Matambo is a Botswana politician and economist. He served as the minister of finance and economic planning of Botswana from 1 August 2009 until 2019 when he left office.
"It is critical that by the end of the Plan period – NDP 11 –, all planned programmes are achieved in order to take the country forward. However, to achieve this will require adoption of measures to increase the country’s implementation capacity."
"It is my sincere hope that as more banks and branches open in the country, competition will increase and thereby reduce the relative costs of banking services."
"In terms of Section 13 of the Banking Act, administered by Bank of Botswana, a bank is required to maintain a minimum capital adequacy (solvency) ratio of at least 15%, calculated as unimpaired capital to total risk – weighted assets,”"
"With regard to employment creation, it is important to clarify that the principal role of the Government is not to create jobs directly, but to provide a conducive macroeconomic environment to facilitate the development of the private sector. The private sector, in turn, is expected to take advantage of such an environment to undertake investments, which would contribute to the growth of the economy and creation of sustainable employment opportunities."
"Promoting sustainable and inclusive economic growth is vital for promoting long term economic development as well as addressing the demographic challenges that we are currently facing."
"We have dealt with China before and we know what we are doing as a government."