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Country profile 2015 : Lesotho / [Marta Duda-Nyzak]

Contributor(s): Duda-Nyczak, Marta | Naciones Unidas . Comisión Económica para ÁfricaPublication details: Addis Ababa (Ethiopia) : United Nations Economic Commission for Africa , 2016 Description: vii, 27 p. ; 29 cmISBN: 978-99944-92-59-6Subject(s): Crecimiento económico | Desarrollo económico | Situación económica | Política económica | Gobernanza | Situación social | LesothoAbstract: The economy of Lesotho continued to experience moderate growth of 3.6 per cent in 2014 (Bureau of Statistics, 2015) due to the global economic recovery and increased external demand. The recent positive growth figures are driven by agriculture, mining and large-scale construction projects, as well as the health, financial inter-mediation, transport and communications sectors. On the fiscal side, Lesotho’s budget is to a large extent financed by Southern African Customs Union (SACU) transfers, whose volatility remains an obstacle to planning fiscal consolidation. Policymakers should therefore focus their attention on good governance of the sector, supporting developments in other sectors such as tourism and mobilizing resources to increase access to water for the Basotho people.
Holdings
Item type Current library Call number Status Date due Barcode
Monografías Monografías Biblioteca de la Escuela Diplomática
Naciones Unidas
NU 828 Available 2061266

The economy of Lesotho continued to experience moderate growth of 3.6 per cent in 2014 (Bureau of Statistics, 2015) due to the global economic recovery and increased external demand. The recent positive growth figures are driven by agriculture, mining and large-scale construction projects, as well as the health, financial inter-mediation, transport and communications sectors. On the fiscal side, Lesotho’s budget is to a large extent financed by Southern African Customs Union (SACU) transfers, whose volatility remains an obstacle to planning fiscal consolidation. Policymakers should therefore focus their attention on good governance of the sector, supporting developments in other sectors such as tourism and mobilizing resources to increase access to water for the Basotho people.

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