Botstwana, Lesotho, Namibia, and Swaziland) are substantial reflecting sizeable real and financial interlinkages. However …

KEY ISSUES Setting: Swaziland has gradually recovered from the fiscal crisis of 2010-11, buoyed by the improved … HIV/AIDS. Swaziland now stands at a critical juncture to strengthen its resilience to exogenous shocks, address its weak …

) comprising Cape Verde, Namibia, and the Kingdom of Swaziland. The IMF report summarizes the analytic underpinnings that support …

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 …

the Botswana authorities paid off with an impressive increase in the GDP per capita during the last three decades. However …

Botswana. The output growth is expected to remain broadly unchanged in 2013 as strong nonmining sector growth would offset the …