Botswana experienced rapid growth since independence generated prirnarily from
minerai exploitation. This enabled the country to pursue successfully human development
as evidenced by human development indices. Despite this achievement, the country is
challenged by a set of sociwconomic problems that include: its inability to divenifi the
economy adequately from the diarnond and beet rising income inequalities, widespread
poverty, and rising unernployment. A major challenge to the economy is that there is
wilikely to be any major growth in govemment revenues in the fbture, and yet there will
be a need to finance the growing expenditures. This implies that government will, in
me, need to curtail its expenditures on various aspects of the economy. The fimding of
education is a major cost, which will have to be evaluated,