01858cas a2200241 a 4500 AALejournalIMF006621 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455205745 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Kingdom of Lesotho : Request for a Three-Year Arrangement Extended Fund Facility Arrangement; Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; Statement by the Executive Director for the Kingdom of Lesotho. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (87 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's fiscal and external balances have deteriorated as a result of the global economic downturn and a surge in spending. Undertaking key fiscal adjustments to restore macroeconomic stability is necessary for raising Lesotho's growth potential. Executive Directors commend the measures taken in the budget to reduce expenditure. Further strengthening of debt management and accelerating structural reforms is crucial for raising Lesotho's growth potential. Strengthening the institutional and regulatory framework for banks and non-bank financial institutions (NBFIs) will help to support financial sector health and stability. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2010/225 Full text available on IMF http://elibrary.imf.org/view/journals/002/2010/225/002.2010.issue-225-en.xml IMF e-Library