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

International Monetary Fund

No 2008/356, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; government; Swazi authorities; current account; Swaziland; government priority; regime of the Common Monetary Authority; authorities' effort; broad money; banking soundness indicator; money market; HIV and AIDS; Government finance statistics; Africa; Southern Africa; Global; SACU revenue; inflation rate; Inflation (search for similar items in EconPapers)
Pages: 52
Date: 2008-11-03
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