Swaziland: Government suspends pensions

Swaziland's government, feeling the pinch of a growing financial crisis, has suspended this quarter’s pensions for the elderly and redirected the money to pay the school fees of orphans and vulnerable children (OVC). '[Government] will utilise the funds allocated for the elderly grants, since they have R46 million (US$6.5 million) in that account currently, with a view that it shall be reimbursed timeously,' said a finance ministry report to parliament explaining how the R38 million ($5.4 million) bill for OVC school fees would be met.