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Lesotho [electronic resource] : Recent Economic Developments.

Author/Creator:
International Monetary Fund
Publication:
Washington, D.C. : International Monetary Fund, 1994.
Format/Description:
Government document
Book
1 online resource (66 p.)
Series:
IMF eLibrary
IMF Staff Country Reports; IMF Staff Country Report No. 94/2.
IMF Staff Country Reports; IMF Staff Country Report No. 94/2
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Local subjects:
Aggregate expenditure. (search)
Amount of debt. (search)
Article IV consultations. (search)
Balance of payments. (search)
Bilateral donors. (search)
Bilateral loans. (search)
Budget balance. (search)
Capital expenditure. (search)
Central bank. (search)
Classification of expenditure. (search)
Concessional debt. (search)
Current account. (search)
Current account deficit. (search)
Debt service. (search)
Debt service payments. (search)
Debt servicing. (search)
Domestic debt. (search)
Domestic expenditure. (search)
Domestic financing. (search)
Economic conditions. (search)
Expenditure. (search)
Expenditure commitments. (search)
Expenditure monitoring. (search)
Expenditure patterns. (search)
Expenditure priorities. (search)
Expenditures. (search)
External borrowing. (search)
External debt. (search)
External public debt. (search)
External resources. (search)
Foreign debt. (search)
Foreign loans. (search)
Government debt. (search)
Private banks. (search)
Public debt. (search)
Public finance. (search)
Recurrent expenditure. (search)
Repayments. (search)
Reserve bank. (search)
Reserve holdings. (search)
Reserve management. (search)
Total expenditure. (search)
Total external debt. (search)
Lesotho. (search)
Summary:
This paper reviews economic developments in Lesotho during 1990–94. During the six years (1988/89–1993/94) under the IMF-supported programs, real GDP growth has averaged 6.5 percent, and investment has risen rapidly, owing to activities related to the Lesotho Highlands Water Project and substantial foreign private direct investment. Real gross national product growth averaged only 3.3 percent, owing to a decline in remittances, as a major retrenchment of mine workers in South Africa occurred during this period. The government’s budgetary position improved substantially during the six-year period.
Notes:
Description based on print version record.
Contributor:
International Monetary Fund
Other format:
Print Version:
ISBN:
1451823711:
9781451823714
ISSN:
1934-7685
Publisher Number:
10.5089/9781451823714.002
Access Restriction:
Restricted for use by site license.