Lesotho : Recent Economic Developments.
This paper reviews economic developments in Lesotho during 1990-94. During the six years (1988/89-1993/94) under the IMF-supported programs, real GDP growth has averaged 6.5 percent, and investment has risen rapidly, owing to activities related to the Lesotho Highlands Water Project and substantial...
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| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
1994.
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| Collection: | IMF Staff Country Reports; Country Report ;
No. 1994/002 |
| Accès en ligne: | Full text available on IMF |
| Résumé: | This paper reviews economic developments in Lesotho during 1990-94. During the six years (1988/89-1993/94) under the IMF-supported programs, real GDP growth has averaged 6.5 percent, and investment has risen rapidly, owing to activities related to the Lesotho Highlands Water Project and substantial foreign private direct investment. Real gross national product growth averaged only 3.3 percent, owing to a decline in remittances, as a major retrenchment of mine workers in South Africa occurred during this period. The government's budgetary position improved substantially during the six-year period. |
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| Description: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Description matérielle: | 1 online resource (66 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1934-7685 |
| Accès: | Electronic access restricted to authorized BRAC University faculty, staff and students |