Kingdom of Lesotho: Poverty Reduction Strategy Paper: National Strategic Development Plan

International Monetary Fund

No 2012/102, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper describes the Kingdom of Lesotho’s Poverty Reduction Strategy Paper and National Strategic Development Plan (NSDP) 2012/13–2016/17. NSDP recognizes, as a point of departure, the need and urgency for Lesotho to radically transform its economy. To achieve the National Vision goals and to reduce poverty and achieve sustainable development, the NSDP strategic goals will be to pursue high, shared, and employment-creating economic growth and develop key infrastructure. The mining investment of more than M 5 billion will lead to increased diamond exports, higher GDP, and faster growth in tax revenues.

Keywords: ISCR; CR; private sector; economic growth; development plan; exchange rate; export-led growth; monetary policy; labour force; management system; comparative advantage; Infrastructure; Global; Africa; Southern Africa (search for similar items in EconPapers)
Pages: 202
Date: 2012-05-11
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