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Lesotho; Ex Post Assessment of Longer-Term Program Engagement

This paper presents Ex Post Assessment of Longer-Term Program Engagement for Lesotho. The paper reviews the experience of the IMF’s engagement in Lesotho during the period 1991–2004, and briefly presents economic developments prior to these arrangements. It reviews performance under IMF-supported programs and analyzes the main factors accounting for that performance. The paper draws lessons from these program experiences and considers the main challenges facing Lesotho. The role that the IMF can play in helping the authorities to meet those challenges is also examined.
Year of publication:
2004-12-03
Institutions: International Monetary Fund (IMF) ; International Monetary Fund
Subject: Poverty Reduction and Growth Facility | expenditure | public expenditure | expenditure management | public expenditure management | fiscal policy | government budget | total expenditure | tax administration | capital expenditure | tax base | structural adjustment | expenditure policy | government expenditure | fiscal effort | fiscal consolidation | fiscal restraint | fiscal expenditure | expenditure framework | prudent fiscal policies | government spending | fiscal policies | account deficits | tax policy | fiscal management | fiscal revenues | debt service | medium-term expenditure framework | public financial management | fiscal position | expenditures | fiscal sustainability | medium-term expenditure | recurrent expenditure | fiscal deficit | fiscal surplus | tax rates | public expenditure management system | budgetary allocations | fiscal revenue | government budgeting | fiscal balances | fiscal affairs | budget process | fiscal affairs department | medium-term fiscal sustainability | fiscal performance | debt-service | expenditure priorities | fiscal spending | fiscal surpluses | tax system
Extent:
application/pdf
Series:
Type of publication: Book / Working Paper
Notes:
The text is part of a series IMF Staff Country Reports Number 04/384 3 pages long
Source:
Persistent link: https://www.econbiz.de/10005768613
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