Search Results

You are looking at 1 - 10 of 35 items for :

  • "Swaziland government" x
Clear All
International Monetary Fund
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
International Monetary Fund

that adequate investment levels are maintained, and that the productivity of the country’s capital is enhanced. A look at the historical record of investment and growth in Swaziland is presented in Section IV. 2. The Statistical Appendix updates the comprehensive set of economic and financial tables as well as the summary of the tax system contained in Swaziland—Statistical Appendix (SM/98/285; 12/28/98). II. Tax Reform 2 A. BacKground 3. In Swaziland, government tax revenue has remained broadly stable over the past decade at a level slightly below 30

International Monetary Fund
In Swaziland, government tax revenue has remained broadly stable over the past decade at a level slightly below 30 percent of gross domestic product. The sources of tax revenue are heavily concentrated, with customs receipts based on a revenue-sharing arrangement under the Southern African Customs Union (SACU) alone contributing more than one-half of total tax revenue, and company and personal income taxes (some 30 percent of tax revenue) and sales tax receipts (another 13 percent) accounting for the bulk of the remainder.
International Monetary Fund. African Dept.

Abstract

Prepared by the Policy Wing of the IMF African Department, and published twice a year in English and French, Regional Economic Outlook: Sub-Saharan Africa analyzes economic performance and short-term prospects of the 44 countries covered by the Department. Topics examined in recent volumes include responses to exogenous shocks, growth performance and growth-enhancing policies, the effectiveness of regional trade arrangements, macroeconomic implications of scaled-up aid, financial sector development, and fiscal decentralization. Detailed country data, grouped by oil-exporting and -importing countries and by subregion, are provided in an appendix and a statistical appendix, and a list of relevant publications by the African Department is included.

International Monetary Fund

faces a fiscal crisis, driven by a large decline in Southern African Customs Union (SACU) revenues and one of the largest government wage bills in Sub-Saharan Africa . Absent corrective measures, the overall fiscal deficit is projected to reach 16 percent of GDP. The deficit is being financed through a significant accumulation of domestic arrears as the government runs down its deposits at the central bank. The debt dynamic is becoming unsustainable. The Swaziland government has responded to the crisis by adopting a Fiscal Adjustment Roadmap (FAR) in October 2010

International Monetary Fund

. Swaziland National Strategic Plan for HIV/AIDS 2000–2005 , HIV/AIDS Crisis Management and Technical Committee , UNAIDS and Swaziland Government , September 2000 . UNAIDS , 2002 , “ The Report on the Global HIV/AIDS Epidemic. ” Available via the internet: http://www.unaids.org UNAIDS and World Health Organization , Swaziland: Epidemiological Fact Sheets on HIV/AIDS and sexually transmitted infections , 2002 update . Von Wissell , Derek , NERCHA National Director , 2002 Article IV Consultation . World Bank , 2000 , “ Economic

International Monetary Fund

residents of Swaziland, war pensions and gratuities, the first E 2,000 of interest income received by or accrued to an individual from a deposit in a financial institution, other than those deposits enjoying enhanced interest exemptions in Swaziland Development and Savings Bank and the Swaziland Building Society, interest received from deposits in the Swaziland Development and Savings Bank (maximum E 10,000), interest received by nonresidents from Swaziland government securities and bonuses, dividends and interest on Swaziland building society shares (maximum E 10

International Monetary Fund

.0 3.0 Transport and communications 118.1 117.8 218.6 77.8 120.9 111.9 Other 5.9 8.7 6.7 1.6 2.3 0.2 Total capital expenditure 2/ 306.9 277.9 347.6 253.5 331.1 303.2 Source: Ministry of Finance. 1/ Fiscal year runs from April 1 to March 31. 2/ Data differ from Table 16 due to differentiation in statistical coverage. Table 21. Swaziland: Government Transfer Payments, 1992/93–1997/98 1/ (In millions of emalangeni) 1992/93 1993/94 1994/95 1995

International Monetary Fund

: GDP at current market prices 2.405 2,534 2,832 3,173 3,630 4,137 Sources: Ministry of Finance; and staff estimates. 1/ The fiscal year runs from April to March. 2/ NPEs, nonfinacial public enterprises. Table 19. Swaziland: Government Transfer Payments, 1990/91-1995/96 (In millions of emalangeni) 1990/91 1991/92 1992/93 1993/94 1994/95 1995/96 Budget SEDCO 1/ 0.7 0.8 0.9 1.2 1.7 1.7 Water and Sewerage Board 0.8 0.9 1.1 83 93