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June 4, 2014
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Article IV Staff Reports



Projected % Change
   2014  2015
Real GDP 4.3 4.7
Consumer Prices 6.5 5.9
Source: World Economic Outlook (October 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Lesotho: Financial Position in the Fund

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Lesotho and the IMF
Updated November 26, 2014

Show all items sorted by date | Annual Meetings Speeches (1) | Article IV Staff Reports (10) | IMF Survey Online (1) | IMFC Statements (4) | Joint Staff Assessments (2) | Letters of Intent (12) | News Briefs (4) | Poverty Reduction Strategy Paper (2) | Press Releases (26) | Public Information Notices (9) | Publications (38) | Transcripts (3) | Other (2) 
Annual Meetings Speeches
September 29, 1999 -- Statement by the Hon. Tantely Andrianarivo, Governor of the IMF for Madagascar, on behalf of the African Governors, at the Joint Annual Discussion
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Article IV Staff Reports
July 11, 2014 -- Kingdom of Lesotho: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for the Kingdom of Lesotho
Series: Country Report No. 14/201
May 11, 2012 -- Kingdom of Lesotho: Staff Report for the 2012 Article IV Consultation and Second and Third Reviews Under the Three-Year Arrangement Under the Extended Credit Facility and a Request for Augmentation of Access - Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Kingdom of Lesotho.
Series: Country Report No. 12/101
January 07, 2010 -- Kingdom of Lesotho: 2008 Article IV Consultation--Staff Report; Staff Supplement;Public Information Notice on the Executive Board Discussion; and Statement by theExecutive Director for the Kingdom of Lesotho
Series: Country Report No. 10/5
April 21, 2008 -- 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
Series: Country Report No. 08/136
November 14, 2006 -- Kingdom of Lesotho: 2006 Article IV Consultation - Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Kingdom of Lesotho
Series: Country Report No. 06/404
December 28, 2005 -- Kingdom of Lesotho: 2005 Article IV Consultation - Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Lesotho
Series: Country Report No. 05/437
February 05, 2004 -- Lesotho: 2003 Article IV Consultation, Fifth Review Under the Poverty Reduction and Growth Facility, and Requests for Waiver of Performance Criteria and Extension of Arrangement--Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Lesotho.
Series: Country Report No. 04/21
May 03, 2002 -- Lesotho: 2001 Article IV Consultation and the Second Review Under the Poverty Reduction and Growth Facility Arrangement and Request for Waiver of Performance Criterion--Staff Report; Public Information Notice and News Brief on the Executive Board Discussion; and Statement by the Executive Director for Lesotho
Series: Country Report No. 02/96
May 03, 2002 -- Lesotho: 2001 Article IV Consultation and the Second Review Under the Poverty Reduction and Growth Facility Arrangement and Request for Waiver of Performance Criterion--Staff Report; Public Information Notice and News Brief on the Executive Board Discussion; and Statement by the Executive Director for Lesotho
Series: Country Report No. 02/96
June 12, 2001 -- Lesotho: 2000 Article IV Consultation and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility--Staff Report; Staff Statement; Public Information Notice
Series: Country Report No. 01/79
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IMF Survey Online
February 12, 2009 -- IMF Survey: IMF Advice Helps Fight Financial Fraud as Schemes Multiply
Better communications, more financial complexity, and multinational business operations have made it a lot easier to commit financial fraud, and the IMF is advising a growing number of member governments on ways to thwart fraudulent financial schemes.
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IMFC Statements
October 11, 2014 -- IMFC Statement by the Honorable Ngozi Okonjo-Iweala, Coordinating Minister for the Economy and Minister of Finance, Nigeria
On behalf of: Angola, Burundi, Botswana, The State of Eritrea, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Liberia, Lesotho, Republic of Mozambique, Malawi, Namibia, Nigeria, Sierra Leone, Tanzania, Uganda, Zambia, Zimbabwe. PDF File Size: 360Kb
April 11, 2014 -- IMFC Statement by Ngozi Okonjo-Iweala, Coordinating Minister for the Economy and Minister of Finance, Nigeria
On behalf of: Angola, Burundi, Botswana, The State of Eritrea, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Liberia, Lesotho, Republic of Mozambique, Malawi, Namibia, Nigeria, Sudan, Sierra Leone, Republic of South Sudan, Kingdom of Swaziland, Tanzania, Uganda, South Africa, Zambia, Zimbabwe. PDF File Size: 244Kb
October 12, 2013 -- IMFC Statement by the Honorable Pravin J. Gordhan, Minister of Finance for South Africa
On behalf of: Angola, Burundi, Botswana, The State of Eritrea, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Liberia, Lesotho, Republic of Mozambique, Malawi, Namibia, Nigeria, Sudan, Sierra Leone, Republic of South Sudan, Kingdom of Swaziland, Tanzania, Uganda, South Africa, Zambia, Zimbabwe. PDF File Size: 94Kb
April 20, 2013 -- IMFC Statement by Pravin J. Gordhan, Minister of Finance, National Treasury, South Africa
On behalf of: Angola, Burundi, Botswana, The State of Eritrea, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Liberia, Lesotho, Republic of Mozambique, Malawi, Namibia, Nigeria, Sudan, Sierra Leone, Republic of South Sudan, Kingdom of Swaziland, Tanzania, Uganda, South Africa, Zambia, Zimbabwe. PDF File Size: 288Kb
October 13, 2012 -- IMFC Statement by Pravin J. Gordhan, Minister of Finance, South Africa
On behalf of: Angola, Burundi, Botswana, The State of Eritrea, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Liberia, Lesotho, Republic of Mozambique, Malawi, Namibia, Nigeria, Sudan, Sierra Leone, Kingdom of Swaziland, Tanzania, Uganda, South Africa, Zambia, Zimbabwe. PDF File Size: 600Kb
April 21, 2012 -- IMFC Statement by Pravin J. Gordhan, Minister of Finance, South Africa
On behalf of: Angola, Burundi, Botswana, The State of Eritrea, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Liberia, Lesotho, Republic of Mozambique, Malawi, Namibia, Nigeria, Sudan, Sierra Leone, Kingdom of Swaziland, Tanzania, Uganda, South Africa, Zambia, Zimbabwe. PDF File Size: 296Kb
September 24, 2011 -- IMFC Statement by Ngozi Okonjo-Iweala, Coordinating Minister of the Economy and Minister of Finance, Federal Ministry of Finance, Nigeria
On behalf of: Angola, Burundi, Botswana, The State of Eritrea, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Liberia, Lesotho, Republic of Mozambique, Malawi, Namibia, Nigeria, Sudan, Sierra Leone, Kingdom of Swaziland, Tanzania, Uganda, South Africa, Zambia, Zimbabwe. PDF File Size: 168Kb
April 16, 2011 -- IMFC Statement by Teklewold Atnafu, Governor, National Bank of Ethiopia
On behalf of: Angola, Burundi, Botswana, The State of Eritrea, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Liberia, Lesotho, Republic of Mozambique, Malawi, Namibia, Nigeria, Sudan, Sierra Leone, Kingdom of Swaziland, Tanzania, Uganda, South Africa, Zambia, Zimbabwe. PDF File Size: 222Kb
April 24, 2010 -- IMFC Statement by Olusegun O. Aganga, Minister of Finance, Federal Ministry of Finance, Nigeria
On behalf of: Angola, Burundi, Botswana, The State of Eritrea, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Liberia, Lesotho, Republic of Mozambique, Malawi, Namibia, Nigeria, Sudan, Sierra Leone, Kingdom of Swaziland, Tanzania, Uganda, South Africa, Zambia, Zimbabwe. PDF File Size: 356Kb
April 25, 2009 -- IMFC Statement by H.E. Tito Mboweni, Governor, South African Reserve Bank, South Africa
On behalf of: Angola, Burundi, Botswana, The State of Eritrea, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Liberia, Lesotho, Republic of Mozambique, Malawi, Namibia, Nigeria, Sudan, Sierra Leone, Kingdom of Swaziland, Tanzania, Uganda, South Africa, Zambia. PDF File Size: 337Kb
October 11, 2008 -- IMFC Statement by the Honorable Tito Mboweni, Governor, South African Reserve Bank
On behalf of: Angola, Burundi, Botswana, The State of Eritrea, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Liberia, Lesotho, Republic of Mozambique, Malawi, Namibia, Nigeria, Sudan, Sierra Leone, Kingdom of Swaziland, Tanzania, Uganda, South Africa, Zambia. PDF File Size: 278Kb
April 12, 2008 -- IMFC Statement by the Honourable Tito Mboweni, Governor, South African Reserve Bank
On behalf of: Burundi, Botswana, The State of Eritrea, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Liberia, Lesotho, Republic of Mozambique, Malawi, Namibia, Nigeria, Sudan, Sierra Leone, Kingdom of Swaziland, Tanzania, Uganda, South Africa, Zambia. PDF File Size: 188Kb
October 20, 2007 -- IMFC Statement by Shamsuddeen Usman, Minister of Finance, Nigeria
On behalf of: Angola, Burundi, Botswana, The State of Eritrea, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Lesotho, Republic of Mozambique, Malawi, Namibia, Nigeria, Sudan, Sierra Leone, Kingdom of Swaziland, Tanzania, Uganda, South Africa, Zambia. PDF File Size: 186Kb
September 17, 2006 -- IMFC Statement by Hon. Nenadi E. Usman, Minister of Finance of Nigeria
On behalf of: Angola, Burundi, Botswana, The State of Eritrea, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Liberia, Lesotho, Republic of Mozambique, Malawi, Namibia, Nigeria, Sudan, Sierra Leone, Kingdom of Swaziland, Tanzania, Uganda, South Africa, Zambia, Zimbabwe. PDF File Size: 271Kb
April 24, 2004 -- IMFC Statement by Mr. Tito Mboweni, Governor of the South African Reserve Bank
On behalf of: Angola, Burundi, Botswana, The State of Eritrea, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Liberia, Lesotho, Republic of Mozambique, Malawi, Namibia, Nigeria, Sudan, Sierra Leone, Kingdom of Swaziland, Tanzania, Uganda, South Africa, Zambia, Zimbabwe. PDF File Size: 606Kb
September 21, 2003 -- Statement by Mr. Jose Pedro de Morais Junior Minister of Finance of Angola, Given on the Occasion of the International Monetary and Financial Committee (IMFC) Meeting, September 21, 2003
Representing Africa Group I Constituency comprising the following countries: Angola, Botswana, Burundi, Ethiopia, Eritrea, The Gambia, Kenya, Lesotho, Malawi, Mozambique, Namibia, Nigeria, Sierra Leone, South Africa, Sudan, Swaziland, Tanzania, Uganda, Zambia, Zimbabwe
September 28, 2002 -- Statement by Mr. Julio Marcelino Bessa, Minister of Finance of Angola, Representing Africa Group I Constituency comprising the following countries: Angola, Botswana, Burundi, Ethiopia, Eritrea, The Gambia, Kenya, Lesotho, Liberia, Malawi, Mozambique, Namibia, Nigeria, Sierra Leone, South Africa, Sudan, Swaziland, Tanzania, Uganda, Zambia, Zimbabwe, IMFC Meeting of the IMF Board of Governors, September 27, 2002
The International Monetary and Financial Committee statement on behalf of the following countries: Angola, Botswana, Burundi, Ethiopia, Eritrea, The Gambia, Kenya, Lesotho, Liberia, Malawi, Mozambique, Namibia, Nigeria, Sierra Leone, South Africa, Sudan, Swaziland, Tanzania, Uganda, Zambia, Zimbabwe
November 17, 2001 -- Statement by Ms. Linah K. Mohohlo, Governor of the Bank of Botswana, at the International Monetary and Financial Committee, Ottawa, November 17, 2001
The International Monetary and Financial Committee statement on behalf of Angola, Botswana, Burundi, The Gambia, Kenya, Ethiopia, Eritrea, Lesotho, Liberia, Malawi, Mozambique, Namibia, Nigeria, Sierra Leone, South Africa, Sudan, Swaziland, Tanzania, Uganda, Zambia, Zimbabwe
April 16, 2000 -- Statement by Mr. Trevor A. Manuel, Minister of South Africa, International Monetary and Financial Committee, April 16, 2000
The International Monetary and Financial Committee member for the constituency consisting of Angola, Botswana, Burundi, The Gambia, Kenya, Ethiopia, Eritrea, Lesotho, Liberia, Malawi, Mozambique, Namibia, Nigeria, Sierra Leone, South Africa, Sudan, Swaziland, Tanzania, Uganda, Zambia and Zimbabwe
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Joint Staff Assessments
March 01, 2002 -- Joint Staff Assessment of the Poverty Reduction Strategy Paper Preparation Status Report
Evaluates the strengths and weaknesses of a country's poverty reduction objectives and strategies, and in it the staffs of the IMF and World Bank make recommendations about whether the PRSP or IPRSP provides a sound basis for concessional assistance from the Bank and Fund, as well as for debt relief under the Enhanced Heavily Indebted Poor Countries (HIPC) Debt Initiative. PDF File Size: 532Kb
February 05, 2001 -- Joint Staff Assessment of the Interim Poverty Reduction Strategy Paper
Evaluates the strengths and weaknesses of a country's poverty reduction objectives and strategies, and in it the staffs of the IMF and World Bank make recommendations about whether the PRSP or IPRSP provides a sound basis for concessional assistance from the Bank and Fund, as well as for debt relief under the Enhanced Heavily Indebted Poor Countries (HIPC) Debt Initiative. PDF File Size: 96Kb
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Letters of Intent
August 14, 2013 -- Lesotho -- Letter of Intent, and Memorandum of Economic and Financial Policies, August 14, 2013
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April 20, 2013 -- Lesotho -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, April 20, 2013
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November 12, 2012 -- Lesotho -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, November 12, 2012
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March 23, 2012 -- Lesotho -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, March 23, 2012
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February 24, 2011 -- Lesotho -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, February 24, 2011
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May 17, 2010 -- Lesotho -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, May 17, 2010
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May 15, 2003 -- Lesotho -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, May 15, 2003
This Letter of Intent of the government of Lesotho describes the policies that Lesotho intends to implement in the context of its request for financial support from the IMF.
September 05, 2002 -- Lesotho Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, September 5, 2002
This Letter of Intent of the government of Lesotho describes the policies that Lesotho intends to implement in the context of its request for financial support from the IMF.
March 01, 2002 -- Lesotho Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, March 1, 2002
This Letter of Intent of the government of Lesotho describes the policies that Lesotho intends to implement in the context of its request for financial support from the IMF.
July 10, 2001 -- Lesotho Letter of Intent, Memorandum of Economic and Financial Policies and Technical Memorandum of Understanding, July 10, 2001
This Letter of Intent of the government of Lesotho describes the policies that Lesotho intends to implement in the context of its request for financial support from the IMF.
February 12, 2001 -- Lesotho Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, February 12, 2001
This Letter of Intent of the government of Lesotho describes the policies that Lesotho intends to implement in the context of its request for financial support from the IMF.
February 03, 2000 -- Lesotho Letter of Intent, February 3, 2000
This Letter of Intent of the government of Lesotho describes the policies that Lesotho intends to implement in the context of its request for financial support from the IMF.
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News Briefs
December 13, 2002 -- News Brief: IMF and World Bank Issue a Statement on the Food Situation in Southern and Eastern Africa
September 20, 2002 -- News Brief: IMF Completes Review Under Lesotho's PRGF Arrangement and Approves US$4.6 Million Disbursement
March 18, 2002 -- News Brief: IMF Completes Second Review Under Lesotho's PRGF Arrangement and Approves US$4 Million Disbursement
July 20, 2001 -- News Brief: IMF Completes Lesotho's Review Under PRGF and Approves US$4 Million Disbursement
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Other
March 20, 2013 -- Mid-Term Evaluation Report on the Enhanced Data Dissemination Initiative Project
Subject: Statistics | Africa | National accounts | Monetary statistics | Government finance statistics | Balance of payments statistics | Data quality assessment framework | General Data Dissemination System | Special Data Dissemination Standard | Technical assistance
March 21, 2008 -- Evaluation of the U.K. DFID-Financed Technical Assistance GDDS Project for Selected Anglophone African Countries (2001-06)
Subject: Andorra | Botswana | Eritrea | Ethiopia | Ghana | Kenya | Lesotho | Liberia | Malawi | Namibia | Nigeria | Sierra Leone | Sudan | Swaziland | Zambia | Zimbabwe | Technical assistance programs | General Data Dissemination System
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Poverty Reduction Strategy Paper
January 31, 2002 -- Lesotho--Poverty Reduction Strategy Paper Preparation Status Report, January 31, 2002
Describes the country's macroeconomic, structural, and social policies in support of growth and poverty reduction, as well as associated external financing needs and major sources of financing.
December 31, 2000 -- Lesotho -- Interim Poverty Reduction Strategy Paper
Summarizes the current knowledge and analysis of a country's poverty situation, describes the existing poverty reduction strategy, and lays out the process for producing a fully developed PRSP in a participatory fashion.
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Press Releases
June 05, 2014 -- Press Release: IMF Executive Board Concludes 2014 Article IV Consultation with the Kingdom of Lesotho
January 29, 2014 -- Press Release: Lesotho Taking Steps to Strengthen Inclusive Growth