Times of Eswatini

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MBABANE–Dlamininot­ed otheroppor­tunitiesth­atwere in the traditiona­l sector.

+e said through research and developmen­t, the country need ed to prioritise the traditiona­l foods and medicine sectors to commercial­ise these products, which would subseTuent­ly boost the tourism sector. +e said there was a need for products that were made in (swatini, and these could be basic goods liNe toothpaste, soap, etc. ³These are products that do not reTuire

a lot of money and yet when you begin to produce goods in your economy, you develop tacit productive capacities that are needed to attract )D, foreign direct investment , so by engag ing in the production of goods and services within the country, you are creating employment, widening the revenue base and creating sNills that will attract multinatio­nal companies,´ he noted. +owever, Dlamini point ed out that there was still a chal lenge as most of the country¶s income goes to South $frica as the country imports about per cent of its goods and services

from that country. +e said the 0inistry of )inance needed to find ways to trap this income within (swatini through fiscal policy, and perhaps invest in technology that would enable the country alongside goods made in (swatini to emerge as a top economy of the future by trapping the /ilangeni within (swatini and developing industries to conTuer, first and foremost, marNets in the &ommon 0onetary $rea &0$ and across sub Saharan $frica. 0inister of )inance Neal 5iMNenberg acNnowledg­ed that the country had a maMor fiscal problem.

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