Kingdom of Lesotho: Staff Report for the 2005 Article IV Consultation

December 28, 2005

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Kingdom of Lesotho: Staff Report for the 2005 Article IV Consultation, (USA: International Monetary Fund, 2005) accessed December 23, 2024

Summary

The Kingdom of Lesotho’s 2005 Article IV Consultation reports that the government’s fiscal position and the external current account have improved markedly. The authorities are preparing an action plan, in collaboration with development partners, to improve the business climate. Critical measures aim to increase labor productivity through training, reduce domestic costs for the private sector by addressing infrastructure bottlenecks, remove regulatory and administrative impediments, improve access to financial services, and promote product and export market diversification.

Subject: Banking, Education, Exchange rates, Expenditure, Health, Population and demographics, Poverty reduction strategy, Public financial management (PFM)

Keywords: Africa, Consumer price inflation, CR, Exchange rate depreciation, ISCR, Kingdom of Lesotho authorities, Signing of the Millennium Challenge Corporation, Staff's assessment

Publication Details

Pages:

62
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/437
Stock No:

1LSOEA2005001
ISBN:

9781451823820
ISSN:

1934-7685

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