African Economic Outlook 2013
Structural Transformation and Natural Resources
The African Economic Outlook is the only annual report that monitors in detail the economic performance of 53 individual countries on the continent, using a strictly comparable analytical framework.
The focus of the 2013 edition if structural transformation and natural resources in Africa. This edition draws lessons from Africa and elsewhere on how to accelerate structural change and amplify the positive force of natural resources. The report also features and overview of Africa's performance and prospects, country notes and a rich statistical annex.
Also available in: Portuguese, French
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Swaziland
OECD Development Centre
The year 2013 presents an opportunity for the government to redirect its fiscal policy by utilising the projected high SACU receipts and to address some of the longer-term fiscal challenges. In this endeavour, the government can draw on reform recommendations in its updated Fiscal Adjustment Roadmap (FAR), which, over the medium term, puts emphasis on: i) adoption and implementation of the Public Finance Management (PFM) Bill; ii) removing pro-cyclicality of fiscal policy; iii) developing a medium-term expenditure framework (MTEF); and iv) strengthening domestic resource mobilisation. The fiscal measures, together with reforms of the investment climate and the development of comprehensive social protection schemes, are needed to bring the economy onto an inclusive growth path.
Also available in: French
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Click to download PDF - 364.27KBPDF