MBABANE – The Central Bank of Eswatini’s (CBE) latest Monthly Statistical Release for July–August 2025 paints a mixed picture of the economy’s key monetary indicators.
Credit to the private sector fell slightly, while liquidity and reserves strengthened on an annual basis.
According to the report, credit extended to the private sector dipped by 0.6 per cent month-on-month but grew by 8.1 per cent year-on-year to E21.5 billion by end-July 2025.
This decline was largely attributed to reduced borrowing by households and certain business sectors despite growth in credit to smaller enterprises and tourism-linked industries.
The CBE data shows that credit to households and non-profit institutions serving households (NPISH) slipped by 2.0 per cent month-on-month but was up marginally by 0.6 per cent year-on-year to E8.7 billion.
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