01782cas a2200241 a 4500 AALejournalIMF003344 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451823813 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Lesotho : Sixth Review Under the Poverty Reduction and Growth Facility and Request for Waiver of Nonobservance of Performance Criteria. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (57 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines Lesotho's Sixth Review Under the Poverty Reduction and Growth Facility (PRGF) and Request for Waiver of Nonobservance of Performance Criteria. Real GDP growth slowed to 3u percent in 2003/04 (April-March) owing to the adverse impact of drought on agricultural output and slower-than-envisaged growth in the construction sector. Fiscal performance in 2003/04 was stronger than envisaged in the program, partly reflecting temporary factors. All quantitative performance criteria for December 2003 and indicative targets for March 2004 were met. The IMF staff supports the key macroeconomic objectives of the authorities' budget for 2004/05. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2004/387 Full text available on IMF http://elibrary.imf.org/view/journals/002/2004/387/002.2004.issue-387-en.xml IMF e-Library