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Wednesday, November 16, 2011

SWAZILAND AT STANDSTILL: MINISTER

The Swaziland Government admitted yesterday (15 November 2011) that it has no money so everything in the kingdom is at a ‘standstill’.

Majozi Sithole, the Swazi Finance Minister, told state-controlled radio, SBIS, that civil servants, who learned yesterday that they would get their salaries this month after the government secured loans from private institutions, would in effect be paid for doing nothing.

The Times of Swaziland, the only independent daily newspaper in the kingdom, ruled by King Mswati III, sub-Saharan Africa’s last absolute monarch, reports Sithole told radio listeners that ‘due to the ongoing financial crisis, government has found itself coming to a standstill as it lacks the necessary apparatus to work’.

It quotes Sithole saying, ‘Right now everything is at a standstill. As we collect money to pay salaries all other things are at a standstill. It means they (the civil servants) are not working but they will be paid. They cannot work without the necessary tools.’

He added, ‘I do not know what we will do because the government cash flow is not good.’

He said, ‘We are living from hand to mouth.’

See also

SECRECY SURROUNDS NEW SWAZI LOAN

http://swazimedia.blogspot.com/2011/11/new-loan-easy-to-repay-claims-govt.html

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