Eswatini: Interest Rate

Eswatini: Interest Rate

The Central Bank of Eswatini published the following Monetary Policy Statements announcing a change in the official interest rate. 
The Monetary Policy gets reviewed depending on the economic situation. 
 
Effective 23 July 2022, the Bank Rate is 5%

Where a loan is granted interest-free or less than the official rate to an employee, either by the employer or a lending institution, the taxable benefit is the whole amount of interest or the difference between the official rate and the subsidized rate. 


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