## Kingdom of Lesotho: Selected Issues and Statistical Appendix

_IMF Staff Country Reports, April 21, 2008_

## Source details

**Canonical URL:** [Kingdom of Lesotho: Selected Issues and Statistical Appendix](https://www.imf.org/en/publications/cr/issues/2016/12/31/kingdom-of-lesotho-selected-issues-and-statistical-appendix-21908)

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## Bibliographic details
- Published: April 21, 2008
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451823875.002

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### Overview
- Publication date: April 21, 2008
- Format: IMF Staff Country Report No. 2008/135, 68 pages
- DOI: https://doi.org/10.5089/9781451823875.002
- ISBN: 9781451823875
- ISSN: 1934-7685
- Main subject areas: Exchange rates, Foreign exchange, Income, National accounts, Purchasing power parity, Real effective exchange rates, Real exchange rates

### Key findings
- The challenge of achieving broad-based growth in Lesotho is discussed.
- Economic growth is inconsistent.
- Lesotho is highly dependent on trade with South Africa.
- The various methods employed suggest that there is neither external stability nor significant evidence of exchange rate misalignment.

### Methods and analysis
- Sources of growth in Lesotho are outlined using:
  - a social accounting matrix (SAM) model
  - a growth-accounting framework
- The main constraints to growth and private investment are analyzed alongside current policy initiatives to promote broad-based growth and private investment.

### Constraints and policy implications
- Main constraints to growth and private investment are identified (specific constraints described in the report).
- Current policy initiatives to promote broad-based growth and private investment are analyzed (specific initiatives described in the report).

### Keywords
- Africa, competitiveness rank Lesotho, CR, doing business indicator, exchange rate, Exchange rates, firms in Lesotho, Income, ISCR, Lesotho, Purchasing power parity, Real effective exchange rates, Real exchange rates, Sub-Saharan Africa, textile export, textile sector

*International Monetary Fund. "Kingdom of Lesotho: Selected Issues and Statistical Appendix", IMF Staff Country Reports 2008, 135 (2008).*

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/kingdom-of-lesotho-selected-issues-and-statistical-appendix-21908_