Investor Presentaiton

Context: Macroeconomic framework, production & trade Macroeconomic • Eswatini is one of the world's most trade- dependent economies, with South Africa being main trading partner. . • Member of SACU, SADC, COMESA, AfCFTA, SACU-MERCOSOUR, SACU+M - UK EPA, SADC - UK EPA. • Common Monetary Area provides a nominal anchor for monetary policy, and Eswatini's inflation generally mirrors that in South Africa. Current debt to GDP ratio at 43% on average compared to the region's average at 60% of GDP

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