Mandate:

The objective of FMAD is to develop a good mix of Fiscal and Monetary policies with the aim of expanding the revenue base for the Government. This includes efficient and sustainable revenue generation, continuous improvement of the Government’s financial position, and ensure regional economic integration. FMAD further influences thenational policy development framework and infuse same into regional development programs. 

FMAD is made up of 4 units that are pivotal in executing its mandate. The units are;

2.1.1 Indirect tax unit: responsible for formulating and developing legislation aimed at maximising non tax and indirect tax revenue for Government. This unit also plays an advisory role in cross border policy formulation and economic integration. 

2.1.2 Direct tax unit: The unit is responsible for developing, implementing, monitoring and reviewing direct tax (income taxes) policies and relevant legislation in collaboration with the relevant stakeholders. It is also responsible for preparing and submission of annual revenue estimates as part the national budget. The unit also undertakes monthly, quarterly and annual monitoring of revenue performance.

2.1.3 Trade and investment policy unit: liable for ensuring economic integration and seamless trade cross border, regionally and to a reasonable extent internationally.

2.1.4 Financial and monetary policy unit: has the mandate to ensure a stable and prudent financial regulatory framework for the financial sector, and maintain sound monetary policy supportive for economic growth. This unit develops financial legislation in cooperation with the financial sector with the aim of ensuring financial inclusion in Eswatini.

Director: Abner  Dlamini

Physical Address: 

6th Floor
Ministry of Finance Building            
Mbabane

Postal Address: 
P.O. Box 443    
Mbabane      
Swaziland

Telephone Number: (+268) 2404 8145/9

FAX Number: (+268) 2404 3187

 

 

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