Volume: 13
Series: Departmental Papers / Policy Papers
Author(s):
Olivier Basdevant
, and
Borislava Mircheva
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
2013
ISBN: 9781475589412
The Kingdom of Swaziland (hereinafter “Swaziland”) is a small, open economy bordering Mozambique and South Africa with a population of 1.1 million people. It is a landlocked country with an economy he...
Series: Departmental Papers / Policy Papers
Author(s):
Olivier Basdevant
, and
Borislava Mircheva
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
2013
ISBN: 9781475589412
The Kingdom of Swaziland (hereinafter “Swaziland”) is a small, open economy bordering Mozambique and South Africa with a population of 1.1 million people. It is a landlocked country with an economy heavily d...
Series: Departmental Papers / Policy Papers
Author(s):
Olivier Basdevant
, and
Borislava Mircheva
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
2013
ISBN: 9781475589412
Swaziland is highly interconnected with South Africa and with the global economy. As the global economy faces higher risks of adverse shocks, Swaziland may be affected by spillover effects. These shocks woul...
Series: Departmental Papers / Policy Papers
Author(s):
Olivier Basdevant
, and
Borislava Mircheva
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
2013
ISBN: 9781475589412
A. Swaziland’s Fiscal Position Remains Vulnerable and Inadequate to Reduce Poverty
The fiscal position has improved owing to the windfall transfer from SACU for fiscal year 2012/13 (...
Series: Departmental Papers / Policy Papers
Author(s):
Olivier Basdevant
, and
Borislava Mircheva
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
2013
ISBN: 9781475589412
A. Risks Stemming from Vulnerabilities in the Banking Sector
All commercial banks are well capitalized and have maintained strong risk-adjusted capital adequacy ratios (CAR) over the...
Series: Departmental Papers / Policy Papers
Author(s):
Olivier Basdevant
, and
Borislava Mircheva
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
2013
ISBN: 9781475589412
The current economic policy stance in Swaziland is unsustainable over the medium term. On current trends, the fiscal position is likely to deteriorate further, reflecting uncontrolled spending coupled with a...
Series: Departmental Papers / Policy Papers
Author(s):
Olivier Basdevant
, and
Borislava Mircheva
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
2013
ISBN: 9781475589412
Overall, the immediate risks have shifted somewhat during the last 12 months, from a pure fiscal crisis, to more pressing vulnerabilities on Swaziland’s external position and financial sector. However, the p...
Series: Departmental Papers / Policy Papers
Author(s):
Olivier Basdevant
, and
Borislava Mircheva
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
2013
ISBN: 9781475589412
The Kingdom of Swaziland (hereinafter “Swaziland”) is a small, open economy bordering Mozambique and South Africa with a population of 1.1 million people. It is a landlocked country with an economy he...
Volume: 13
Series: Departmental Papers / Policy Papers
Author(s):
Olivier Basdevant
, and
Borislava Mircheva
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
2013
DOI: http://dx.doi.org/10.5089/9781475589412.087
ISBN: 9781475589412
The Kingdom of Swaziland (hereinafter “Swaziland”) is a small, open economy bordering Mozambique and South Africa with a population of 1.1 million people. It is a landlocked country with an economy he...