external assistance. Lesotho continued to face the challenges in rebuilding its international reserve cushion. The authorities …

recognizes the significant challenges Lesotho faces in reducing poverty and making growth more broad-based. Overall, it presents …

Credit Facility. Lesotho has maintained robust economic growth, with moderate inflation. The IMF report shows that economic …

The Extended Credit Facility (ECF) program extended to Lesotho after a sharp fall in revenues remained broadly on track …. Lesotho maintained positive growth supported by expansion of mining and construction. Fiscal consolidation efforts have helped …

payments and fiscal crisis. The economic outlook for Lesotho is positive with strong economic growth and low inflation …. Economic activity is expected to be supported by large public investment projects, including the second phase of Lesotho …

This paper examines Lesotho’s Poverty Reduction Strategy Paper (PRSP) Progress Report for the period between January … and December 2002. The achievements demonstrate that the government of Lesotho has reaffirmed its commitment to a highly …

This Joint Staff Assessment examines the Poverty Reduction Strategy Paper (PRSP) Progress Report for Lesotho. Poverty …

Lesotho’s fiscal and external balances have deteriorated as a result of the global economic downturn and a surge in … spending. Undertaking key fiscal adjustments to restore macroeconomic stability is necessary for raising Lesotho’s growth … management and accelerating structural reforms is crucial for raising Lesotho’s growth potential. Strengthening the institutional …

This staff report examines the Kingdom of Lesotho’s 2012 Article IV Consultation and second and third reviews under the …