01593cas a2200241 a 4500 AALejournalIMF010793 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451823660 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Lesotho : Recent Economic Developments. Washington, D.C. : International Monetary Fund, 1999. 1 online resource (75 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 Selected Issues paper highlights that Lesotho's overall economic situation deteriorated significantly in 1998/99 after registering a slowdown in 1997/98. The economy had witnessed high annual average growth rates of more than 6 percent in the decade ended 1996/97. The strong growth was spurred largely by the construction of the Lesotho Highlands Water Project and the rapid expansion of the export and manufacturing sector. Real GDP growth decelerated sharply from 9.7 percent in 1996/97 to 4.1 percent in 1997/98 and then declined by 5.4 percent in 1998/99. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 1999/084 Full text available on IMF http://elibrary.imf.org/view/journals/002/1999/084/002.1999.issue-084-en.xml IMF e-Library