Eswatini: Swaziland Admits It Is Broke

opinion

Despite finding US$30 million to buy the kingdom's absolute monarch King Mswati III a second private plane, earmarking E1.5bn (US$125m) this year to build a conference centre and five-star hotel to host the African Union summit in 2020 that will last only eight days, budgeting E5.5 million to build Prime Minister Barnabas Dlamini a retirement house, and planning for a new parliament building that will cost E2.3 billion, the Finance Minister of Swaziland / Eswatini Martin Dlamini has publicly admitted the kingdom is broke.

He told parliament that there was not enough money to pay public servants' salaries or to pay government suppliers and things were set to get worse.

...

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.