By Majaha Nkonyane | 2018-01-14
MINISTER of Finance Martin Dlamini, who was represented by Principal Secretary Bheki Bhembe, has acknowledged DNA economics together with Global Economic Governance (GEG) Africa in helping revive the Economics Association of Swaziland (ECAS).
This was during the relaunch of ECAS Swaziland which was held at the Happy Valley Hotel at Ezulwini.
“I am very pleased to be present during this occasion where the Economics Association of Swaziland (ECAS) is being formally revived and doing what is renowned for.
I have also been informed that DNA Economics and GEG Africa have supported today’s event by sponsoring the venue and providing speakers. The association will never be allowed to go into hibernation again,” he said.
The minister declared ECAS revived and noted other efforts that have been made towards reviving the association.
“I have been informed that the Central Bank of Swaziland and in particular, the governor committed to assisting the revitalisation process.
He ensured that this objective was achieved by allowing the insertion of an agenda item in the meetings of the Monetary Policy Consultative committee,” he said.
Dlamini further encouraged the association to ensure that the country takes full advantage of available international trade opportunities.
He highlighted the importance of giving trade the emphasis it deserves for the generation of wealth.
In addition, Dlamini mentioned they expectated that the SADC- EU Partnership Agreement (EPA) signed in July 2016 would provide a good basis for making trade work for the country.
The country was challenged to eliminate negative implications when the UK exits from the EU.
“When the UK exits from the EU, there will be changes with significant implications for the country. My wish is to see any negative implications minimised or eliminated and any positive implications being maximised. I am counting on this seminar to trigger some serious discussions on how to arrive at an optimal minimisation scenario,” he said.
The seminar, according to Dlamini, has a responsibility to also ensure that the country is not left worse off when the UK exits from the EU.
It was further noted that a process of engagement is already ongoing between the SADC Economic Partnership Agreement (EPA) states, and the UK.
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