Description |
1 online resource (54 pages) |
Series |
IMF country report, 2227-8907 ; no. 11/88 |
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IMF country report ; no. 11/88.
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Contents |
Cover; Contents; Executive Summary; I. Recent Economic Developments and Outlook; II. Program Performance; III. Policy Discussions; Figure; 1. Medium-Term Outlook, 2010-15; A. Dealing With Fiscal Pressures; Box; 1. Improving Public Financial Management; B. Mitigating Financial Sector Risk and Supporting Development; C. Improving Productivity and the Investment Climate; IV. Program Monitoring and Safeguards Assessment; A. Program Monitoring; B. Safeguards Assessment; C. Poverty Reduction Strategy; V. Staff Appraisal; Tables; 1. Selected Economic and Financial Indicators, 2008-15 |
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2. Central Government Operations, 2009/10-2015/163. Central Government Operations, 2009/10-2015/16; 4. Balance of Payments, 2008-15; 5. Monetary Survey, 2008-11; 6. Schedule of ECF Disbursements and Reviews, 2011-13; 7. Indicators of Capacity to Repay the Fund; Attachments; I. Supplemental Letter of Intent; II. Supplemental Memorandum of Economic and Financial Policies 2010-12; III. Technical Memorandum of Understanding; Contents; I. Relations with the Fund; II. The JMAP Bank-Fund Matrix; III. Statistical Issues |
Summary |
The authorities reiterated their firm commitment to the policies and objectives outlined in the May 17, 2010 Memorandum of Economic and Financial Policies. They are committed to a reduction in other primary spending by 2 percentage points of GDP. With the medium-term outlook broadly unchanged, the policy discussions focused on the FY2011?12 budget and the authorities' structural reform agenda. Revenues are projected to fall in 2011?12, reflecting the disappearance of exceptional receipts in 2010?11. On the spending side, the authorities are facing a number of additional commitments some of which are of a temporary nature |
Notes |
Online resource; title from PDF title page (IMF Web site, viewed July 6, 2011) |
Subject |
International Monetary Fund -- Lesotho
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SUBJECT |
International Monetary Fund fast |
Subject |
Economic indicators -- Lesotho
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Debts, External -- Lesotho
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Debts, External
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Economic history
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Economic indicators
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Economic policy
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SUBJECT |
Lesotho -- Economic conditions.
http://id.loc.gov/authorities/subjects/sh85076176
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Lesotho -- Economic policy
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Subject |
Lesotho
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Form |
Electronic book
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Author |
International Monetary Fund. African Department.
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ISBN |
9781462329373 |
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1462329373 |
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9781455231065 |
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1455231061 |
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9781455231072 |
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145523107X |
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