Modernisation and Adaptation of the Bank’s Functions  First, there is a need to adapt to changing domestic and global conditions and, also, to ensure that the Bank of Botswana is appropriately positioned to adequately address new developments and related challenges. Some of these include fintechs, digital currencies and similar innovations as well as adopt best practice, to sustain national development.
Boulding succinctly expressed what many others have been thinking too: “Anyone who believes that exponential growth can go on forever in a finite world is either a madman, or an economist!” For what lies ahead for us is, nothing less than, a rethinking of western finance, and in the words of Kevin Warsh, a Governor at the US Federal Reserve: “We are witnessing a fundamental reassessment of the value of every asset everywhere in the world.