The Kingdom of Swaziland: 2008 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director
Volume/Issue:
Volume 2008
Issue 356
Publication date: November 2008
ISBN: 9781451836165
$20.00
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Topics covered in this book
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Exports and Imports , Inflation , Economics- Macroeconomics , Public Finance , Business and Economics - Statistics , 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
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Summary
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.
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