PPPs as instruments of public procurement in Botswana post-2007

ABSTRACT

In 2007, the world economy experienced a global financial crisis (GFC), therefore, leading to chronic fiscal strictures. Resultantly, public-private partnerships (PPPs) have become a dominant form of public procurement. The PPPs case is more deserved in mono-cultural economies which disproportionately suffered the effects of the GFC. The case for PPPs is more merited in the face of revenue challenges due to COVID-19. Since 2009, Botswana uses PPPs to finance public projects. This essay, based on the case study method, discusses the PPPs project in Botswana. It concluded that while the prevailing narrative is that PPPs are vital and the PPPs regime is taking root, there are challenges. Key challenges are disenabling legal-institutional framework and poor project implementation. Moving forward, and given a reduced fiscal envelope post-2007, the projected plateauing of diamonds revenues in 2030 and revenue strictures due to COVID-19 as diamonds face falling demand, PPPs are the default position. Copyright © 2022 Inderscience Enterprises Ltd.