Description |
1 online resource (48 pages) |
Series |
IMF country report, 2227-8907 ; no. 11/84 |
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IMF country report ; no. 11/84.
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Contents |
Cover; Contents; Glossary; Executive Summary; I. Recent Economic Developments and Short-Term Outlook; FIGURES; 1. Recent Economic Developments and Regional Comparison; 2. Fiscal Balance, Current Account Balance; 3. The Fiscal Crisis is Unfolding into an External Crisis; 4. Policy Rate of the Central Bank of Swaziland and Private Sector Developments; 5. The Banking sector is weathering well the financial crisis; II. The Staff-Monitored Program; A. Fiscal Policy; BOXES; 1. Fiscal Measures in the 2011/12 Budget; B. Monetary and Financial Policy; C. Structural Reforms |
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III. Objectives and Risks to the Implementation of the SMPIV. Staff Appraisal; TABLES; 1. Selected Economic Indicators, 2009-16; 2. Fiscal Operations of the Central Government, 2009/10-17; 3. Fiscal Operations of the Central Government 2009/10-17; 4. Monetary Accounts, 2009-16; 5. Balance of Payments, 2009-16; APPENDIXES; 1. Letter of Intent; ATTACHMENTS; 1. Memorandum of Economic and Financial Policies; 2. Technical Memorandum of Understanding; Contents; I. Relations with the Fund; II. Swaziland: Bank-Fund Joint Management Action Plan; III. Swaziland: Statistical Issues Appendix |
Summary |
The Swaziland economy continues to suffer from the global economic crisis and an overvalued real exchange rate. The fiscal crisis is starting to affect external stability. Notwithstanding the fiscal crisis, banks continue to remain well capitalized and profitable. The 2011?12 budget promises to make significant progress in fiscal adjustment while safeguarding priority expenditures. The government is taking ambitious measures to cut the wage bill in FY2011?12. Improvements in revenue administration by the Swaziland Revenue Authority (SRA) will strengthen revenue collections |
Notes |
Online resource; title from PDF title page (IMF Web site, viewed July 6, 2011) |
Subject |
International Monetary Fund -- Eswatini
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SUBJECT |
International Monetary Fund fast |
Subject |
Economic indicators -- Eswatini
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Budget deficits -- Eswatini
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Budget deficits
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Economic history
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Economic indicators
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Economic policy
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SUBJECT |
Eswatini -- Economic conditions
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Eswatini -- Economic policy
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Subject |
Eswatini
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Form |
Electronic book
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Author |
International Monetary Fund. African Department.
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ISBN |
9781462366705 |
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1462366708 |
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9781455229062 |
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1455229067 |
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9781455229079 |
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1455229075 |
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