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

December 23, 2015

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Kingdom of Swaziland: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Kingdom of Swaziland, (USA: International Monetary Fund, 2015) accessed November 21, 2024

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.

Subject: Banking, Central banks, Credit, Financial sector policy and analysis, Financial sector stability, Imports, International reserves, International trade, Money, Public debt

Keywords: Africa, Authority, Budgetary outturn, CR, Credit, Financial sector stability, Global, Government objective, Growth outlook, Imports, International reserves, ISCR, Primary sector, Revenue side, SACU revenue, Southern Africa, Swaziland

Publication Details

Pages:

66
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/353
Stock No:

1SWZEA2015001
ISBN:

9781513583488
ISSN:

1934-7685

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