Kingdom of Lesotho: Poverty Reduction Strategy Paper: National Strategic Development Plan

May 11, 2012

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Kingdom of Lesotho: Poverty Reduction Strategy Paper: National Strategic Development Plan, (USA: International Monetary Fund, 2012) accessed November 26, 2024

Summary

This paper describes the Kingdom of Lesotho’s Poverty Reduction Strategy Paper and National Strategic Development Plan (NSDP) 2012/13–2016/17. NSDP recognizes, as a point of departure, the need and urgency for Lesotho to radically transform its economy. To achieve the National Vision goals and to reduce poverty and achieve sustainable development, the NSDP strategic goals will be to pursue high, shared, and employment-creating economic growth and develop key infrastructure. The mining investment of more than M 5 billion will lead to increased diamond exports, higher GDP, and faster growth in tax revenues.

Subject: Education, Environment, Health, Infrastructure, Labor, National accounts

Keywords: Africa, Comparative advantage, CR, Development plan, Economic growth, Exchange rate, Export-led growth, Global, Infrastructure, ISCR, Labour force, Management system, Monetary policy, Private sector, Southern Africa

Publication Details

Pages:

202
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/102
Stock No:

1LSOEA2012002
ISBN:

9781475503241
ISSN:

1934-7685

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