LESOTHO Staff Report for the 2001 Article IV Consultation and the Second Review Under the Poverty Reduction and Growth Facility Arrangement and Request for Waiver of Performance Criterion

Author/Editor:

International Monetary Fund

Publication Date:

May 3, 2002

Electronic Access:

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Summary:

This paper examines Lesotho’s 2001 Article IV Consultation, Second Review Under the Poverty Reduction and Growth Facility Arrangement, and a Request for Waiver of the Performance Criterion. The economic program remains on track. Key economic indicators are performing as expected, and all quantitative performance criteria for end-September 2001 were observed. However, one structural performance criterion, making the Lesotho Revenue Authority operational, was delayed because of late parliamentary action. One benchmark—completing the 2000/01 public accounts for auditing—was not completed because of a decision to complete accounts from 1993/94 in sequence.

Series:

Country Report No. 02/96

Subject:

English

Publication Date:

May 3, 2002

ISBN/ISSN:

9781451823684/1934-7685

Stock No:

1LSOEA0012002

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

78

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