Executive Board
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on Lesotho:

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September 9, 2013
November 27, 2012
April 9, 2012
June 2, 2010
February 22, 2010

Article IV Staff Reports



Projected % Change
   2014  2015
Real GDP 5.6 5.5
Consumer Prices 4.7 4.6
Source: World Economic Outlook (April 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Lesotho: Financial Position in the Fund

Transactions with the Fund


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Lesotho and the IMF
Updated April 11, 2014

The last Article IV Executive Board Consultation was on April 09, 2012. Listed below are items related to Lesotho, in reverse chronological order (you can also view items by category).

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June 19, 2003 -- Lesotho: Poverty Reduction Strategy Paper Progress Report
Series: Country Report No. 03/171
June 17, 2003 -- Press Release: IMF Completes Review Under Lesotho's PRGF Arrangement and Approves US$4.98 Million Disbursement
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.
April 11, 2003 -- Transcript of a Press Conference of African Finance Ministers and Governors of Central Banks
Mr. Charles Konan Banny, Governor of the Central Bank of West African States (BCEAO), Mr. Benjamin Radavidson, Minister of Finance and Budget of Madagascar, Mr. Timothy T. Thahane, Minister of Finance from Lesotho, Mr. Joseph B. Dauda, Minister of Finance of Sierra Leone, Gerald M. Ssendaula, Minister of Finance, Planning and Economic Development of Uganda
December 13, 2002 -- News Brief: IMF and World Bank Issue a Statement on the Food Situation in Southern and Eastern Africa
October 04, 2002 -- Lesotho: Third Review Under the Poverty Reduction and Growth Facility Arrangement and Request for Waivers of Performance Criteria--Staff Report and News Brief on the Executive Board Discussion
Series: Country Report No. 02/218
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
September 28, 2002 -- African Finance Ministers Press Briefing
This press conference is a unique opportunity for African Governors to express their views on issues of interest to them with regards to their relations with the IMF and the World Bank. This is also, indeed, an opportunity for the reporters to get first-hand information from some of the people who struggle on a daily basis with the debt burden, poverty and pandemics.
September 20, 2002 -- News Brief: IMF Completes Review Under Lesotho's PRGF Arrangement and Approves US$4.6 Million Disbursement
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.
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: Statistical Annex
Series: Country Report No. 02/97
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: Statistical Annex
Series: Country Report No. 02/97
April 01, 2002 -- Foreign Direct Investment in Africa--Some Case Studies
Author/Editor: Basu, Anupam | Srinivasan, Krishna
Series: Working Paper No. 02/61
April 01, 2002 -- Foreign Direct Investment in Africa--Some Case Studies
Author/Editor: Basu, Anupam | Srinivasan, Krishna
Series: Working Paper No. 02/61
March 21, 2002 -- Public Information Notice: IMF Concludes 2001 Article IV Consultation with Lesotho
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
March 18, 2002 -- News Brief: IMF Completes Second Review Under Lesotho's PRGF Arrangement and Approves US$4 Million Disbursement
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
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.

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