BY BANELE MAGONGO
MBABANE – The Central Bank of Eswatini (CBE) and the United Nations Eswatini co-hosted a roundtable discussion on how to enhance poverty reduction in the country.
The event was held at the Happy Valley Hotel yesterday and brought together experts from various fields to discuss how to promote sustainable development and reduce poverty in Eswatini.
Dr. Phil Mnisi, Governor of the Central Bank of Eswatini, highlighted two key themes, channelling creditor funding to key sectors of the economy without compromising financial sector stability, and adopting sustainable finance strategies in the context of climate change and greening opportunities. He emphasized the importance of coordinated and effective implementation of these initiatives by all stakeholders to achieve the desired results.
The roundtable discussion brought together policymakers, international experts, and stakeholders from around the world to share ideas on innovative financing mechanisms and policies that can support sustainable growth and development in Eswatini. The discussion focused on strategies that can be implemented to achieve long-term, sustainable economic growth and prosperity for the country.
The Governor mentioned the Central Bank’s collaboration with local financial market players such as the Eswatini Stock Exchange to explore the potential of carbon credit markets in Eswatini. This included the recent MoU signed between the Eswatini Stock Exchange and the Taiwanese Carbon Solutions Exchange. He further called on all stakeholders to identify concrete actions that can be taken to promote economic growth and manage the impact of climate change.
