The Kingdom of Swaziland: 2008 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director

November 3, 2008

Summary

The Article IV Consultation with the Kingdom of Swaziland discusses efforts to broaden the tax base and improve tax administration, in particular through the introduction of a value-added tax and the establishment of a Revenue Authority. The depreciation of the nominal exchange rate along with the South African rand, to which it is pegged, impacted positively on the export sector. Prompt and automatic pass-through of international price increases would also help depoliticize price adjustments.

Subject: Economic and financial statistics, Expenditure, External debt, Government finance statistics, Health, HIV and AIDS, Inflation, Prices, Public debt

Keywords: Africa, authorities' effort, banking soundness indicator, broad money, CR, current account, Global, government, Government finance statistics, government priority, HIV and AIDS, Inflation, inflation rate, ISCR, money market, regime of the Common Monetary Authority, SACU revenue, Southern Africa, Swazi authorities, Swaziland

Pages:
52
Volume:
2008
DOI:
https://doi.org/10.5089/9781451836165.002
Issue:
356
Series:
Country Report No. 2008/356
Stock No:
1SWZEA2008004
ISBN:
9781451836165
ISSN:
1934-7685

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