IMF Staff Country Reports

Kingdom of Swaziland : 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Kingdom of Swaziland

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

December 23, 2015

Electronic Access:

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Summary:

This 2015 Article IV Consultation highlights that Swaziland’s growth has been recovering since the 2010–11 fiscal crisis, albeit at a slower pace recently. Growth recovery following the fiscal crisis was broadly supported by the manufacturing and service sectors. In 2015, however, growth is expected to slow, owing to adverse weather conditions and a slowdown in tourism and transport sectors. Swaziland’s growth outlook is projected to remain subdued over the medium term, while it is clouded with downside risks. Growth is expected to slow in 2016/17, followed by a modest recovery in the following years.

Series:

Country Report No. 15/353

Subject:

Article IV consultation reports Balance of payments statistics Debt sustainability analysis Economic conditions Economic indicators Exchange rate assessments Financial sector Fiscal consolidation Fiscal policy Millennium Development Goals Press releases Reserves Reserves adequacy Staff Reports Swaziland