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Country Report eSwatini 1st Quarter

  • ID: 4901763
  • Country Profile
  • January 2020
  • Region: Eswatini
  • The Economist Intelligence Unit
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Although the survival of the regime is not in doubt, there will be widespread dissatisfaction with the lack of political reform and sluggish economic growth. This will manifest itself in strikes, protests and low-level violent unrest.

The Economist Intelligence Unit expects the fiscal deficit to narrow but remain wide throughout the forecast period, averaging 6.5% of GDP a year, as the government will fail to tighten fiscal policy sufficiently after years of overspending.

Real GDP growth is expected to slow from an estimated 0.8% in 2019 to 0.5% in 2020 before rising to 0.6% in 2021. Growth will be constrained by falling global demand for sugar and reduced government spending, as the authorities attempt a fiscal correction.
Note: Product cover images may vary from those shown
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Country Report eSwatini 1st Quarter

Briefing sheet
Political and economic outlook
Key changes since October 12th
The quarter ahead

Basic data
Land area
Main towns
Weather in Mbabane (altitude 1,163 metres)
Fiscal year
Public holidays

Political structure
Official name
Form of state
Legal system
National legislature
National elections
Head of state
National government
Political parties
The government
Key ministers
Central bank governor

Economic structure: Annual indicators

Economic structure: Quarterly indicators

Economic structure: Comparative economic indicators

Outlook for 2020-21: Political stability

Outlook for 2020-21: Election watch

Outlook for 2020-21: International relations

Outlook for 2020-21: Policy trends

Outlook for 2020-21: Fiscal policy

Outlook for 2020-21: Monetary policy

Outlook for 2020-21: International assumptions

Outlook for 2020-21: Economic growth

Outlook for 2020-21: Inflation

Outlook for 2020-21: Exchange rates

Outlook for 2020-21: External sector

Outlook for 2020-21: Forecast summary
Note: Product cover images may vary from those shown
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