Swaziland : 2002 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Swaziland

1SWZEA0012003 Image
Price:  $15.00

Release Date: © January, 2003
ISBN : 978-1-45183-608-0
Stock #: 1SWZEA0012003
English
Stock Status: On back-order

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Description

This 2002 Article IV Consultation highlights that real GDP growth for Swaziland fell from 7¾ percent annually during the 1980s to 3¾ percent during the 1990s. In 2001, growth declined further to 1.8 percent, reflecting a fall in export demand associated with the economic slowdown in South Africa, foreign disinvestment in some industries, and poor weather. Economic activity appears to have weakened further in 2002, with manufacturing output showing the effects of additional closures by foreign firms and agricultural output being affected by the drought in the region.




More publications in this series: IMF Staff Country Reports