Joint Analysis of the 2024/2025 National Budget of Eswatini

The "Nkwe for Growth" themed national budget for Eswatini in the Financial Year 2024/25 lays out a strategic fiscal plan to foster economic growth and stability amid global challenges. Projecting a GDP growth of 4.9%, the budget highlights resilience through prudent fiscal management and robust sectoral performance. Key investments are made in education, health, infrastructure, and agriculture, with a total budget allocation of E29.4 billion. It aims to address fiscal deficits, debt management, and reliance on SACU revenue, while promoting private sector development and improving the business climate. The budget underscores the government's commitment to sustainable development, economic diversification, and long-term fiscal health.