Publication:
Kingdom of Eswatini Economic Update, August 2023: Raising the Game with Efficient State-Owned Enterprises

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dc.contributor.authorWorld Bank Group
dc.date.accessioned2023-08-07T17:51:35Z
dc.date.available2023-08-07T17:51:35Z
dc.date.issued2023-08-07
dc.description.abstractEswatini’s economy has been characterized by persistent low growth, high fiscal deficits, and unprofitable state-owned enterprises (SOEs). Without significant reform, the country is unlikely to achieve its socioeconomic aspirations, and poverty and unemployment are likely to remain high. These problems are exacerbated by the difficult external environment, with subdued global demand and volatile international prices. In this context, the government of Eswatini recognizes that the country needs a series of policy reforms to unleash the potential of the private sector. It also needs to improve the efficiency of SOEs in strategic sectors, which deliver services to many businesses and households. This report is divided into two parts. Part 1 discusses recent economic developments in the global and domestic economy and assesses Eswatini’s short and medium-term prospects. Part 2 reviews the role that SOEs can play in the government's efforts to enhance economic performance. It assesses both their contribution to the economy and their limitations to suggest directions for reform.en
dc.identifierhttp://documents.worldbank.org/curated/en/099072823081525608/P17981206f2b8308c093e1025d404ea8864
dc.identifier.doi10.1596/40154
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/40154
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectSOE
dc.subjectFISCAL DEFICIT
dc.subjectPOVERTY
dc.subjectUNEMPLOYMENT
dc.titleKingdom of Eswatini Economic Update, August 2023en
dc.title.subtitleRaising the Game with Efficient State-Owned Enterprisesen
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleKingdom of Eswatini Economic Update, August 2023: Raising the Game with Efficient State-Owned Enterprises
okr.date.disclosure2023-08-07
okr.date.lastmodified2023-08-01T00:00:00Zen
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.docurlhttp://documents.worldbank.org/curated/en/099072823081525608/P17981206f2b8308c093e1025d404ea8864
okr.guid099072823081525608
okr.identifier.docmidP179812-6f2b837b-c60f-4e8c-93e1-25d404ea8864
okr.identifier.doihttp://dx.doi.org/10.1596/40154
okr.identifier.externaldocumentum34125899
okr.identifier.internaldocumentum34125899
okr.identifier.report184299
okr.import.id1402
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099072823081525608/pdf/P17981206f2b8308c093e1025d404ea8864.pdfen
okr.region.administrativeEastern and Southern Africa
okr.region.countryEswatini
okr.sectorCentral Government (Central Agencies)
okr.themeStructural Transformation and Economic Diversification,Economic Policy,Economic Growth and Planning
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Economic Forecasting
okr.topicFinance and Financial Sector Development::Public & Municipal Finance
okr.unitEFI-AFR1-MTI-MacroFiscal-2 (EAEM2)
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