Series: Departmental Papers / Policy Papers
Author(s): Olivier Basdevant , Chikako Baba , and Borislava Mircheva
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 23 December 2011
Keywords: Exchange rate assessments, External debt, Financial sector, Debt sustainability, Bank supervision, Public debt, Reserves adequacy
Swaziland has faced a significant fiscal crisis since 2010, in the wake of loss of transfers from the Southern African Customs Union (SACU). The fiscal crisis has led to increasing vulnerabilities, not only of publ...