The World Bank and the Eswatini government have launched the Eswatini Public Finance Review, a report aimed at improving the country’s financial management. The release took place on Wednesday, with Finance Minister Neal Rijkenberg detailing key recommendations and their impact on the 2025/26 Budget.
Rijkenberg said the government has adopted several proposals from the review, including ongoing reforms in Public Financial Management. These include the rollout of the Integrated Financial Management Information System (IFMIS), efforts to clear outstanding arrears, and a transition to accrual-based accounting.
He also announced plans to revise the Public Procurement Act to modernize procedures, expand e-procurement, and enhance supplier registration.
