Swaziland: Recent Economic Developments

International Monetary Fund

No 1997/034, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper reviews economic developments in Swaziland during 1990–96. During 1990–95, the shares of exports and imports of goods and services in GDP averaged 81 percent and 92 percent, respectively. The overall trend in economic growth continued in 1995/96. Real GDP expansion was limited to 2.5 percent, fueled by the manufacturing and services sectors. Although there was no new major investment, several established firms expanded or modernized their operations. In particular, this led to significant improvement in the performance of the wood pulp and sugar industries.

Keywords: ISCR; CR; Swaziland; price; export; SACU; import; CBS bill; CMA country; Zimbabwe dollar; currency transaction; inflation differential; SACU receipts; CBS's policy; Tariffs; Exports; Agricultural commodities; Imports; Public enterprises; Africa (search for similar items in EconPapers)
Pages: 130
Date: 1997-04-30
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