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Title Kingdom of Lesotho : first review under the three-year extended credit facility arrangement and requests for waiver of nonobservance of performance criterion and modification of performance criteria : staff report and press release / prepared by the African Dept. in consultation with other departments
Published Washington, D.C. : International Monetary Fund, ©2011

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Description 1 online resource (54 pages)
Series IMF country report, 2227-8907 ; no. 11/88
IMF country report ; no. 11/88.
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
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
SUBJECT International Monetary Fund fast
Subject Economic indicators -- Lesotho
Debts, External -- Lesotho
Debts, External
Economic history
Economic indicators
Economic policy
SUBJECT Lesotho -- Economic conditions. http://id.loc.gov/authorities/subjects/sh85076176
Lesotho -- Economic policy
Subject Lesotho
Form Electronic book
Author International Monetary Fund. African Department.
ISBN 9781462329373
1462329373
9781455231065
1455231061
9781455231072
145523107X
Other Titles Kingdom of Lesotho, first review under the three-year extended credit facility arrangement