01663cas a2200241 a 4500 AALejournalIMF004612 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451823851 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Kingdom of Lesotho : Staff Report for the 2006 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (60 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 Lesotho is a small, landlocked, low-income country, with limited natural resources and a narrow production and export base. In recent Article IV consultations, IMF staff has emphasized the importance of ensuring that increases in outlays for poverty reduction are consistent with fiscal sustainability and absorptive capacity. However, economic activity has remained sluggish, reflecting the adverse impact of exogenous shocks. Fiscal management is becoming more challenging. The authorities are making efforts to implement their poverty reduction strategy. The political situation is relatively stable. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2006/404 Full text available on IMF http://elibrary.imf.org/view/journals/002/2006/404/002.2006.issue-404-en.xml IMF e-Library