He was reacting in local media to the latest IMF statement following its recent 'mission' visit to
In fact, the IMF statement issued on
It said in particular that, 'the economy has suffered from weak growth performance, which adversely affects social developments. Furthermore, there are risks to
It went on say that
'To help implement the prudent fiscal policy, the mission also encourages the authorities to enhance efforts for public sector reforms and public financial management reforms, while welcoming further efforts to enhance tax administration,' it said.
It also said
It concluded, 'In this light, the [IMF] mission encourages the authorities to proceed with wide-ranging structural reforms, including further improving business climate, facilitating financial intermediation, and pursuing land management reforms.'
This is not the first time the Swaziland Government has misled the public about its relationship to the IMF.
In 2013, the then Finance Minister Majozi Sithole was untruthful when he said the kingdom's economy had recovered. He said at the time, 'I can safely say the economy is now under control. We have survived the worst economic challenges ever.'
But, the IMF had never said such a thing. Instead, in
The IMF said that in the recent past the government had repaid some of its debt but this was 'partly achieved through cuts in education, health, and other poverty-alleviating spending'.
To underline the fragile state of the economy, the IMF said, '
There are many similarities between the 2013 IMF report and the one published this month, including poor economic prospects, underfunding of social care projects and the need to reduce spending on public service spending.
The Swazi Government has a long history of being untruthful about the IMF and what it says about
In 2011, the Prime Minister
Most Popular Stories
- Shia LaBeouf Plea Deal, Alcoholism Treatment
- Ohio State Band Chief Fired After Probe
- Stop-Start Engines Save Gas, Reduce Emissions
- Hispanic Leader Goes the Extra Mile
- Ukraine Says Russians Firing Across the Border
- Ford Q2 Net Profit up 6 Percent
- U.S. Weighs Refugee Status for Immigrant Kids
- Jennifer Lopez, Pitbull to Perform at Fashion Rocks
- Morgan Stanley Ponies Up $275 Million to Settle SEC Charges
- Ricky Martin Joins 'The Voice ... Mexico'