Advanced Search
MyIDEAS: Login to save this paper or follow this series

Lesotho; Fourth Review Under the Poverty Reduction and Growth Facility Arrangement and Request for Waiver of Performance Criteria-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Lesotho


Author Info

  • International Monetary Fund
Registered author(s):


    This paper assesses Lesotho’s Fourth Review Under the Poverty Reduction and Growth Facility Arrangement and Request for Waiver of Performance Criteria. Lesotho’s economic program was broadly on track through December 2002, but large fiscal slippages emerged by end-March 2003. IMF staff welcomes the government’s strong commitment to its economic program and recommends completion of the fourth review. It supports a waiver for the nonobserved quantitative performance criterion because of the actions taken by the government to reduce nonessential spending in 2002/03 and because of its commitment to implement sustainable fiscal policies in the medium term.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL:
    Download Restriction: no

    Bibliographic Info

    Paper provided by International Monetary Fund in its series IMF Staff Country Reports with number 03/169.

    as in new window
    Length: 62
    Date of creation: 19 Jun 2003
    Date of revision:
    Handle: RePEc:imf:imfscr:03/169

    Contact details of provider:
    Postal: International Monetary Fund, Washington, DC USA
    Phone: (202) 623-7000
    Fax: (202) 623-4661
    Web page:
    More information through EDIRC

    Order Information:

    Related research

    Keywords: Poverty Reduction and Growth Facility; central bank; domestic financing; external financing; balance of payments; external debt; domestic debt; monetary policy; current account; monetary fund; inflation; monetary survey; discount rate; external payments arrears; external payments; repayments; government debt; quasi money; monetary compensation; foreign debt; debt service; current account deficit; external borrowing; reserve assets; debt dynamics; monetary impact; official reserves; monetary area; nonconcessional debt; central banks; monetary control; current account balance; external debt service; public external debt; long-term debt; monetary statistics; capital account liberalization; repurchases; external loans; commercial creditors; private creditors; multilateral creditors; treasury operations; debt data; monetary indicators; monetary program; sdr holdings; debt office; budget projections; imf repurchases; debt outstanding; bilateral creditors; debt ratio; government deficits; external debt data; monetary data; monetary accounts; balance of payment; debt service obligations; short-term debt; public and publicly guaranteed; monetary policy operations; debt problem; external liabilities; general resources account; monetary policy implementation; monetary policies;


    No references listed on IDEAS
    You can help add them by filling out this form.



    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


    Access and download statistics


    When requesting a correction, please mention this item's handle: RePEc:imf:imfscr:03/169. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jim Beardow) or (Hassan Zaidi).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.