Eswatini Financial Times
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PM unveils E250 bln programme of action for economic growth

PM unveils E250 bln programme of action for economic growth

By Delisa Magagula

Prime Minister Russell Mmiso Dlamini announced a bold E250 billion Programme of Action aimed at propelling Eswatini towards exponential and inclusive growth.

In a recent address, he stated, in the few years that they have been in office, they, as government have realised that to steer the economy into the right direction, they need to be intentional about entering into unchartered territory.

He detailed the government’s commitment to crafting a new economic path, explaining, Members of Cabinet have thus taken bold steps to craft a path that will lead into what has been coined ‘exponential and inclusive growth’ for Eswatini.

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“We have tabled a Programme of Action with an indicative expenditure of more than E250 billion within a five-year period. We are currently hard at work looking for models that will enable us to mobilise and invest this amount of money.” Said Dlamini.

Worth mentioning is that, this programme of Action, underpinned by the theme ‘Igniting Wealth and Well-being for the Nation’ will include the establishment of a Sovereign Wealth Fund.

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“I am happy to share that His Majesty’s Government will be establishing a Sovereign Wealth Fund to enhance national wealth creation for emaSwati and support continuous growth and development,” the Prime Minister declared.

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