Africa Financial Sector Responses to COVID-19 - Eswatini

Jul 28, 2020

As a Partnership committed to the AFS development and resilience, Making Finance Work for Africa (MFW4A) has implemented a number of recent initiatives to strengthen the resilience of the African financial sector.

In addition to its webinars series and discussions aimed at identifying the sector's difficulties and solutions, a portal dedicated to domestic and international responses to the impact of COVID-19 on the regional financial sector has been set up.  The exercise consists in monitoring, collecting and classifying by country or region the measures taken by governments, central banks and DFIs in in support of the AFS vis-à-vis the financial impact of the pandemic. 

This page presents measures and initiatives by the government of Eswatini, national central bank and Development Finance Institutions (DFIs) in support of a resilient domestic financial sector facing the effects of the COVID-19 pandemic.

Instrument

Institution

Financing volume

Description 

Monetary policy

Central bank of Eswatini

N/A

(April 15, 2020) Central bank of Eswatini reduced the interest rate from 5.5% to 4.5%.