Swaziland: Little cheer in central bank's annual review

Swaziland's decade-long economic malaise took a sharp downward turn with the central bank's disclosure this week that growth had slowed to its lowest level in 40 years. The Central Bank of Swaziland's governor, Martin Dlamini, said in a candid admission, "This year's unimpressive economic growth implies a deterioration of the standard of living as measured by per capita income," in the bank's annual report to the government, covering the period March 2005 to February 2006.