Botswana Economic Crisis Sparks Youth-led Fiscal Overhaul Ahead of 4th Financing For Development Conference.
| |

Botswana Economic Crisis Sparks Youth-led Fiscal Overhaul Ahead of 4th Financing For Development Conference.

Byytjnadmin

As Batswana grapple with a BWP 22 billion budget deficit (9% of GDP in 2024), rising public debt of 27.4% of GDP, squeezing funds for youth-centric programs and youth unemployment at 43.86%, underscoring the urgency of prioritizing job creation and social services for the nation’s youth-dominated population (70% under 35), the FfD4 presents an opportunity for Batswana to redefine global rules on sovereign debt, a critical issue for Botswana as diamond revenue volatility strains public finances.

Why Should Young People Care about the Financing for Development Agenda?
| | |

Why Should Young People Care about the Financing for Development Agenda?

Byytjnadmin

It’s a call to action for youth to rise, engage, demand, and drive transformative change and co-creators of a new financing paradigm that truly serves the people and the planet. This piece is also a call to action for governments, multi-lateral institutions and civil society organizations to rise to the challenge of meaningful youth inclusion.