For years, year after year, the International Monetary Fund and World Bank (Bretton Woods institutions) have raised alarm about Botswana’s ever ballooning wage bill. Resultantly, they have been calling on the government to downsize its public sector in order to deflate what they see as a bloated and unsustainable wage bill. For the first time ever, the Bretton Woods may have leverage over the government. The latter is a direct result of a historically adverse fiscal situation which, in part, is a result of opportunistic election-year politics. The editorial commentary of Economic Review, a quarterly publication written by Sethunya Kegakgametse and Keith Jeffries, makes about the same point.
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