ESWATINI’S BUDGET TO STRENGTHEN BUSINESS GROWTH AND JOB CREATION

Business

By Mbongeni Ndlela

MBABANE – The 2025/26 Citizens Budget of Eswatini presents an optimistic outlook for businesses and job seekers, as government prioritizes economic resilience, revenue generation, and sustainable growth.

With an impressive 8.3% GDP growth target, Eswatini is positioning itself as a regional economic powerhouse, creating an environment conducive to business expansion and job creation.

The focus on maintaining inflation between 3-6% will provide businesses with a stable economic climate, encouraging investment and entrepreneurial growth.

The budget also aims to increase domestic revenue to at least 17% of GDP, which suggests that the government will be enhancing revenue collection mechanisms. This will, in turn, lead to increased public investment in infrastructure, technology, and skills development, ultimately benefiting businesses and employees alike.

Another encouraging factor is the government’s commitment to keeping the fiscal deficit below 3% of GDP, demonstrating responsible financial management. By ensuring three months’ worth of import cover, Eswatini is also safeguarding its economy against external financial shocks, which is critical for businesses reliant on imports.

Additionally, government has set measures to limit public debt to below 60% of GDP, ensuring that national finances remain stable. This move is expected to increase investor confidence, attracting foreign direct investments (FDIs) and opening new economic opportunities.

Overall, the 2025/26 Citizens Budget reflects government’s dedication to supporting businesses, fostering innovation, and enhancing job opportunities. This budget sets the stage for economic transformation, promising a brighter future for Eswatini’s workforce and entrepreneurs.

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