Kingdom of Swaziland : 2010 Article IV Consultation—Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Swaziland

Publication Date: January 24, 2011
Electronic Access: Free Full text (PDF file size is 1,372KB).
Use the free Adobe Acrobat Reader to view this PDF file

Summary: The Swaziland economy continues to underperform, reflecting the impact of the global economic crisis. The impact of the crisis has been felt mostly in revenue transfers of the Southern African Customs Union (SACU) to Swaziland. Executive Directors welcomed Fiscal Adjustment Roadmap (FAR), which focused on restoring fiscal sustainability, improving competitiveness, and strengthening financial supervision. They noted that key challenges are restoring fiscal sustainability, addressing HIV/AIDS, reducing poverty, and creating employment. Directors emphasized the need for fiscal adjustment and budgetary reforms. Directors noted that the banking system remains in good health.
Series: Country Report No. 11/25
Subject(s): Article IV consultation reports | Bank supervision | Budget deficits | Economic indicators | Exchange rate assessments | Global Financial Crisis 2008-2009 | Public information notices | Staff Reports | Staff-monitored programs

Publication Date: January 24, 2011
ISBN/ISSN: 9781455213818/1934-7685 Format: Paper
Stock No: 1SWZEA2011001 Pages: 59
US$18.00 (Academic Rate:
US$18.00 )
Please address any questions about this title to