{"id":63900,"date":"2025-01-25T07:24:46","date_gmt":"2025-01-25T07:24:46","guid":{"rendered":"https:\/\/www.africa-press.net\/eswatini\/all-news\/stabilization-fund-to-support-economy-amid-sacu-decline-neal"},"modified":"2025-01-27T05:59:25","modified_gmt":"2025-01-27T05:59:25","slug":"stabilization-fund-to-support-economy-amid-sacu-decline-neal","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eswatini\/all-news\/stabilization-fund-to-support-economy-amid-sacu-decline-neal","title":{"rendered":"STABILIZATION FUND TO SUPPORT ECONOMY AMID SACU DECLINE \u2013 NEAL"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Eswatini. <\/strong><\/span><b>Eswatini\u2019s proactive financial planning is set to cushion the economy from challenges posed by a reduction in SACU receipts.<\/b><\/p>\n<p>Minister of Finance Neal Rijkenberg announced that while SACU revenues will decline by E2.6 billion in the upcoming financial year, the country\u2019s SACU Stabilization Fund will provide critical support.<\/p>\n<p>\u201cWe anticipated the possibility of revenue fluctuations, which is why we established the SACU Stabilization Fund,\u201d Rijkenberg explained. \u201cThis fund, now holding over E2.4 billion, will help maintain economic stability and ensure continued progress.\u201d<\/p>\n<p>The fund, which functions as a financial \u201cshock absorber,\u201d was built through annual contributions, with E1.5 billion added this year alone. Its utilization will play a key role in the 2025 budget to offset the impact of reduced SACU receipts.<\/p>\n<p>Rijkenberg emphasized that while SACU remains an important revenue source, the government is focused on diversifying income streams. \u201cOur goal is to strengthen domestic revenue generation, reduce reliance on SACU, and create a more self-reliant economy,\u201d he said.<\/p>\n<p>The minister highlighted that the Eswatini Revenue Service (ERS) is performing well, meeting tax collection targets through efficient operations and improved public engagement. \u201cBy broadening the tax base and ensuring compliance, we\u2019re creating a more equitable system that supports national development,\u201d Rijkenberg added.<\/p>\n<p>As Eswatini navigates these financial challenges, the proactive measures taken by the Ministry of Finance demonstrate resilience and forward-thinking, ensuring that the country remains on a path of sustainable growth.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Eswatini<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Eswatini. Eswatini\u2019s proactive financial planning is set to cushion the economy from challenges posed by a reduction in SACU receipts. Minister of Finance Neal Rijkenberg announced that while SACU revenues will decline by E2.6 billion in the upcoming financial year, the country\u2019s SACU Stabilization Fund will provide critical support. \u201cWe anticipated the possibility [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":63899,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12,242],"tags":[249],"class_list":["post-63900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","category-to-homepage","tag-eswatini"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>STABILIZATION FUND TO SUPPORT ECONOMY AMID SACU DECLINE \u2013 NEAL - Eswatini<\/title>\n<meta name=\"description\" content=\"Eswatini\u2019s proactive financial planning is set to cushion the economy from challenges posed by a reduction in SACU re ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/stabilization-fund-to-support-economy-amid-sacu-decline-neal\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"STABILIZATION FUND TO SUPPORT ECONOMY AMID SACU DECLINE \u2013 NEAL\" \/>\n<meta property=\"og:description\" content=\"Eswatini\u2019s proactive financial planning is set to cushion the economy from challenges posed by a reduction in SACU re ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/stabilization-fund-to-support-economy-amid-sacu-decline-neal\" \/>\n<meta property=\"og:site_name\" content=\"Eswatini\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-25T07:24:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-27T05:59:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2025\/01\/sm_1737778426.127545.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/stabilization-fund-to-support-economy-amid-sacu-decline-neal#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/stabilization-fund-to-support-economy-amid-sacu-decline-neal\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"STABILIZATION FUND TO SUPPORT ECONOMY AMID SACU DECLINE \u2013 NEAL\",\"datePublished\":\"2025-01-25T07:24:46+00:00\",\"dateModified\":\"2025-01-27T05:59:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/stabilization-fund-to-support-economy-amid-sacu-decline-neal\"},\"wordCount\":256,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/stabilization-fund-to-support-economy-amid-sacu-decline-neal#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2025\/01\/sm_1737778426.127545.jpg\",\"keywords\":[\"Eswatini\"],\"articleSection\":[\"all news\",\"head lines\",\"policy\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eswatini\/all-news\/stabilization-fund-to-support-economy-amid-sacu-decline-neal#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/stabilization-fund-to-support-economy-amid-sacu-decline-neal\",\"url\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/stabilization-fund-to-support-economy-amid-sacu-decline-neal\",\"name\":\"STABILIZATION FUND TO SUPPORT ECONOMY AMID SACU DECLINE \u2013 NEAL - 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