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Book Cover
E-book

Title Kingdom of Swaziland : staff-monitored program : staff report, staff supplement / prepared by the African Dept., in consultation with other departments
Published Washington, D.C. : International Monetary Fund, ©2011

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Description 1 online resource (48 pages)
Series IMF country report, 2227-8907 ; no. 11/84
IMF country report ; no. 11/84.
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
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
SUBJECT International Monetary Fund fast
Subject Economic indicators -- Eswatini
Budget deficits -- Eswatini
Budget deficits
Economic history
Economic indicators
Economic policy
SUBJECT Eswatini -- Economic conditions
Eswatini -- Economic policy
Subject Eswatini
Form Electronic book
Author International Monetary Fund. African Department.
ISBN 9781462366705
1462366708
9781455229062
1455229067
9781455229079
1455229075
Other Titles Kingdom of Swaziland, staff-monitored program