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External debt increases

    ABIDJAN

    The depreciation of Swaziland’s currency against major currencies led to a 16.7 percent increase in the country’s external debt at the end of March, news reports said on Tuesday.

    The Central Bank of Swaziland said the stock of public sector external debt increased to US $223 million over last year’s March position. The bank added that the country’s debt stock equalled 17.8 percent of GDP.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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