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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.

Eswatini --- Government of the Kingdom of Eswatini --- Kingdom of Eswatini --- Umbuso weSwatini --- Swaziland --- Economic policy. --- Economic conditions --- Exports and Imports --- Foreign Exchange --- Money and Monetary Policy --- Globalization --- Investments: Commodities --- Trade: General --- Globalization: General --- Monetary Systems --- Standards --- Regimes --- Government and the Monetary System --- Payment Systems --- Agriculture: General --- International economics --- Currency --- Foreign exchange --- Monetary economics --- Investment & securities --- Global competitiveness --- Exchange rates --- Exports --- Currencies --- Imports --- International trade --- Agricultural commodities --- Commodities --- Nominal effective exchange rate --- Money --- Farm produce --- Eswatini, Kingdom of

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This powerful and original account details how these new matters of death, dying, and funerals have become entrenched in peoples' everyday lives and become part of a quest to create dignity in the wake of a devastating epidemic.

Funeral rites and ceremonies --- Social change --- HIV infections --- AIDS (Disease) --- Social aspects --- Swaziland --- Social life and customs --- Acquired immune deficiency syndrome --- Acquired immunodeficiency syndrome --- Acquired immunological deficiency syndrome --- Immunological deficiency syndromes --- Virus-induced immunosuppression --- HIV (Viruses) infections --- HTLV-III infections --- HTLV-III-LAV infections --- Human T-lymphotropic virus III infections --- Lentivirus infections --- Sexually transmitted diseases --- Change, Social --- Cultural change --- Cultural transformation --- Societal change --- Socio-cultural change --- Social history --- Social evolution --- Funerals --- Mortuary ceremonies --- Obsequies --- Manners and customs --- Rites and ceremonies --- Burial --- Cremation --- Cryomation --- Dead --- Mourning customs --- Svazilend --- kaNgwane --- Umbuso weSwatini --- Kingdom of Swaziland --- Swaziland Government --- Ngwane --- Swasieland --- スワジランド --- Suwajirando --- スワージランド --- Eswatini --- Government of the Kingdom of Eswatini --- Kingdom of Eswatini

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KEY ISSUES Setting: Swaziland has gradually recovered from the fiscal crisis of 2010-11, buoyed by the improved revenues from the Southern African Customs Union (SACU). Growth modestly recovered, and international reserves rebounded. Swaziland’s challenges, however, remain significant, in view of its high vulnerability to exogenous shocks and its sluggish growth performance, while facing significant social and development challenges with high unemployment and the prevalence of HIV/AIDS. Swaziland now stands at a critical juncture to strengthen its resilience to exogenous shocks, address its weak growth performance, and meet critical social and development needs. Outlook and risks: Under the status-quo policies, the outlook is for continued sluggish growth and increasing fiscal and external imbalances, reflecting low private investment, elevated government spending, and prospective decline in SACU revenues. Risks are associated with the high volatility of the SACU revenues, possible negative spillovers from South Africa (including higher policy rate and lower growth), and uncertain prospects for preferential trade agreements with the U.S. and EU. Strengthening Resilience to Shocks: Over the medium term, international reserves should be targeted at five to seven months of imports, and public debt be kept below 30 percent of GDP. This calls for a prudent fiscal policy stance, with fiscal deficit below 2 percent of GDP. Raising growth: It is essential to enhance the efficiency of the public sector and promote private sector-led growth through structural reforms including improving business climate and accelerating land reforms. Maintaining financial stability: Financial soundness indicators are generally strong. The strong growth of the nonbank financial sector in recent years calls for strengthening of supervision and regulation for the sector. Past advice: There is broad agreement between the Fund and the authorities on macroeconomic policy and structural reform priorities. With the authorities’ fiscal consolidation efforts and the improved SACU revenues, fiscal and external sustainability is being restored, consistent with staff’s advice. However, progress on structural reforms—including re-launching the privatization process, improving access to modern finance and improving the business climate—has been modest.

Economic development --- Economic indicators --- Business indicators --- Indicators, Business --- Indicators, Economic --- Leading indicators --- Economic history --- Quality of life --- Economic forecasting --- Index numbers (Economics) --- Social indicators --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- International Monetary Fund --- Internationaal monetair fonds --- International monetary fund --- Eswatini --- Government of the Kingdom of Eswatini --- Kingdom of Eswatini --- Umbuso weSwatini --- Swaziland --- Economic conditions. --- Economic policy. --- E-books --- Svazilend --- kaNgwane --- Kingdom of Swaziland --- Swaziland Government --- Ngwane --- Swasieland --- スワジランド --- Suwajirando --- スワージランド --- Banks and Banking --- Macroeconomics --- Public Finance --- Statistics --- National Government Expenditures and Related Policies: General --- Fiscal Policy --- Debt --- Debt Management --- Sovereign Debt --- Monetary Policy --- Data Collection and Data Estimation Methodology --- Computer Programs: Other --- Public finance & taxation --- Banking --- Econometrics & economic statistics --- Labour --- income economics --- Fiscal policy --- Public debt --- Expenditure --- International reserves --- Public financial management (PFM) --- Central banks --- Debts, Public --- Expenditures, Public --- Foreign exchange reserves --- Finance, Public --- Eswatini, Kingdom of

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The Swaziland economy continues to suffer from the global economic crisis and an overvalued real exchange rate. The fiscal crisis is starting to affect external stability. Notwithstanding the fiscal crisis, banks continue to remain well capitalized and profitable. The 2011–12 budget promises to make significant progress in fiscal adjustment while safeguarding priority expenditures. The government is taking ambitious measures to cut the wage bill in FY2011–12. Improvements in revenue administration by the Swaziland Revenue Authority (SRA) will strengthen revenue collections.

Economic indicators --- Budget deficits --- Deficits, Budget --- Budget --- Deficit financing --- Business indicators --- Indicators, Business --- Indicators, Economic --- Leading indicators --- Economic history --- Quality of life --- Economic forecasting --- Index numbers (Economics) --- Social indicators --- Eswatini --- Government of the Kingdom of Eswatini --- Kingdom of Eswatini --- Umbuso weSwatini --- Swaziland --- Economic conditions. --- Economic policy. --- Budgeting --- Money and Monetary Policy --- Public Finance --- Statistics --- Data Transmission Systems --- Macroeconomics --- Taxation, Subsidies, and Revenue: General --- Methodology for Collecting, Estimating, and Organizing Macroeconomic Data --- Data Access --- Data Collection and Data Estimation Methodology --- Computer Programs: Other --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- Debt --- Debt Management --- Sovereign Debt --- National Budget --- Budget Systems --- Public finance & taxation --- Econometrics & economic statistics --- Data capture & analysis --- Monetary economics --- Budgeting & financial management --- Revenue administration --- Monetary base --- Public debt --- Budget planning and preparation --- Public financial management (PFM) --- Money --- Revenue --- Data transmission systems --- Money supply --- Debts, Public --- Eswatini, Kingdom of

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The Swaziland economy continues to underperform, reflecting the impact of the global economic crisis. The impact of the crisis has been felt mostly in revenue transfers of the Southern African Customs Union (SACU) to Swaziland. Executive Directors welcomed Fiscal Adjustment Roadmap (FAR), which focused on restoring fiscal sustainability, improving competitiveness, and strengthening financial supervision. They noted that key challenges are restoring fiscal sustainability, addressing HIV/AIDS, reducing poverty, and creating employment. Directors emphasized the need for fiscal adjustment and budgetary reforms. Directors noted that the banking system remains in good health.

Global Financial Crisis, 2008-2009. --- Financial crises --- Economic indicators --- Global Economic Crisis, 2008-2009 --- Subprime Mortgage Crisis, 2008-2009 --- Business indicators --- Indicators, Business --- Indicators, Economic --- Leading indicators --- Economic history --- Quality of life --- Economic forecasting --- Index numbers (Economics) --- Social indicators --- Crashes, Financial --- Crises, Financial --- Financial crashes --- Financial panics --- Panics (Finance) --- Stock exchange crashes --- Stock market panics --- Crises --- Eswatini --- Government of the Kingdom of Eswatini --- Kingdom of Eswatini --- Umbuso weSwatini --- Swaziland --- Economic conditions. --- Economic policy. --- Banks and Banking --- Exports and Imports --- Public Finance --- Statistics --- Data Transmission Systems --- Debt --- Debt Management --- Sovereign Debt --- National Government Expenditures and Related Policies: General --- Interest Rates: Determination, Term Structure, and Effects --- Taxation, Subsidies, and Revenue: General --- International Lending and Debt Problems --- Methodology for Collecting, Estimating, and Organizing Macroeconomic Data --- Data Access --- Public finance & taxation --- Finance --- International economics --- Econometrics & economic statistics --- Data capture & analysis --- Public debt --- Expenditure --- Real interest rates --- Revenue administration --- External debt --- Financial services --- Debts, Public --- Expenditures, Public --- Interest rates --- Revenue --- Debts, External --- Data transmission systems --- Eswatini, Kingdom of