Simulating the Impact of COVID-19 on Formal Firms in Eswatini

Simulating the Impact of COVID-19 on Formal Firms in Eswatini

Prior to COVID-19, Eswatini faced numerous developmental challenges with stagnating poverty and economic growth. Lockdown measures wereintroduced from 17 March, including schools closures, limitations on public and private gatherings, the suspensio...

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Bibliographic Details
Main Authors: Lees, Adrienne, Mascagni, Giulia, Santoro, Fabrizio
Format: Brief
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
WAGE SUBSIDY
CORPORATE INCOME TAX
FORM FIRMS
CORONAVIRUS
COVID-19
PANDEMIC IMPACT
FIRM PROFITABILITY
EMPLOYMENT
SALES REVENUE
PAYROLL
FIRM EXIT RATE
REVENUE SHOCK
Online Access:http://documents.worldbank.org/curated/en/794881600975346533/Simulating-the-Impact-of-COVID-19-on-Formal-Firms-in-Eswatini
http://hdl.handle.net/10986/34542
Description
Summary:Prior to COVID-19, Eswatini faced numerous developmental challenges with stagnating poverty and economic growth. Lockdown measures wereintroduced from 17 March, including schools closures, limitations on public and private gatherings, the suspension of non-essential travel within cities, and border closures. Economic activity has been damaged further by South Africa’s strict containment measures and the closure of some portsof entry with South Africa.

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