Kingdom of Lesotho: Joint Staff Advisory Note on the National Strategic Development Plan
IMF Staff Country Reports, December 12, 2012
Source details
- Canonical URL
- Kingdom of Lesotho: Joint Staff Advisory Note on the National Strategic Development Plan
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Bibliographic details
- Published: December 12, 2012
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475547689.002
Summary
- Lesotho’s National Strategic Development Plan (NSDP) serves as an implementation strategy for the national vision.
- The NSDP recognizes significant challenges in reducing poverty and making growth more broad-based.
- The NSDP presents a coherent analysis and offers an appropriate path forward to sustained poverty reduction and sustainable economic growth.
- Executive Directors find that a well-designed implementation and monitoring framework is necessary.
- Implementation of the NSDP will be a key challenge.
Key findings and analysis
- The NSDP identifies poverty reduction and broadening the base of growth as central objectives.
- The plan offers a coherent analytical framework and an appropriate strategic pathway toward sustained poverty reduction and sustainable economic growth.
- The effectiveness of the NSDP hinges on implementation capacity and monitoring arrangements.
Implementation and monitoring considerations
- A well-designed implementation framework is necessary, according to Executive Directors.
- Monitoring arrangements must be robust to ensure the NSDP’s objectives are met.
- Implementation is highlighted as the principal challenge for translating the NSDP into outcomes.
Thematic coverage
- Subject areas identified: Education, Environment, Health, Poverty, Poverty reduction strategy.
- Keywords present: Africa, CR, ISCR, NSDP government, NSDP implementation, NSDP pillar, NSDP program, NSDP secretariat, NSDP target, Poverty reduction strategy.