European Parliament Library

Kingdom of Lesotho :, 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Kingdom of Lesotho

Lesotho has made progress toward macroeconomic stability. After recent economic development, diamond production, garment industry, and good performance in the agriculture and service sectors were recovered. The fiscal position and public debt sustainability indicators have improved. Achievement of these objectives will call for an acceleration of the pace of structural reforms with a focus on promoting private sector development, while ensuring strong medium-term fiscal and external positions. The envisaged programs would be key to relieving constraints on growth and enhancing productivity
Table Of Contents
Cover; Contents; Abbreviations and Acronyms; Executive Summary; I. Background; Figures; 1. Income, HIV/AIDS, and External Dependence; II. Recent Economic Developments; 2. Recent Macroeconomic Performance; III. Policy Discussions; A. Economic Outlook; Boxes; 1. Response to Previous Recommendations; 3. Shocks and Growth Performance; B. Fiscal Policy and Reforms; C. Achieving Broad-based and Sustainable Economic Growth; D. External Stability; 2. Private Sector Development Agenda; 3. Assessing the Real Exchange Rate; E. Financial Sector Issues; F. PRS Process; IV. Staff Appraisal; Tables
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (70 p.)
Specific Material Designation
Form Of Item

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