01776cas a2200241 a 4500 AALejournalIMF013568 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484370544 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Kingdom of Lesotho : Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Extension of the Arrangement and Rephasing of Disbursement. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (48 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 The Extended Credit Facility (ECF) program extended to Lesotho after a sharp fall in revenues remained broadly on track. Lesotho maintained positive growth supported by expansion of mining and construction. Fiscal consolidation efforts have helped to strengthen international reserves, despite weak diamond prices. Executive Directors welcomed the government's continued efforts to improve the business climate and promote private sector development. They also suggested the need to maintain fiscal consolidation efforts, while safeguarding priority social and growth-promoting capital spending. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2013/127 Full text available on IMF http://elibrary.imf.org/view/journals/002/2013/127/002.2013.issue-127-en.xml IMF e-Library