Lesotho: Staff Report for the 2001 Article IV Consultation and the Second Review Under the Poverty Reduction and Growth Facility Arrangement and Request for Waiver of Performance Criterion

May 3, 2002

Preview Citation

Format: Chicago

Lesotho: Staff Report for the 2001 Article IV Consultation and the Second Review Under the Poverty Reduction and Growth Facility Arrangement and Request for Waiver of Performance Criterion, (USA: International Monetary Fund, 2002) accessed November 25, 2024

Summary

This paper examines Lesotho’s 2001 Article IV Consultation, Second Review Under the Poverty Reduction and Growth Facility Arrangement, and a Request for Waiver of the Performance Criterion. The economic program remains on track. Key economic indicators are performing as expected, and all quantitative performance criteria for end-September 2001 were observed. However, one structural performance criterion, making the Lesotho Revenue Authority operational, was delayed because of late parliamentary action. One benchmark—completing the 2000/01 public accounts for auditing—was not completed because of a decision to complete accounts from 1993/94 in sequence.

Subject: Expenditure, External debt, International trade, Public financial management (PFM), Revenue administration

Keywords: Africa, Authorities in Lesotho, Authorities' memorandum, Budget planning and preparation, Central bank of Lesotho, CR, Exports, Global, Government, ISCR, Lesotho's performance, PRGF arrangement, Southern Africa

Publication Details

Pages:

78
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2002/096
Stock No:

1LSOEA0012002
ISBN:

9781451823684
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports