IDEAS home Printed from https://ideas.repec.org/p/imf/imfscr/1999-084.html
   My bibliography  Save this paper

Lesotho: Recent Economic Developments

Author

Listed:
  • International Monetary Fund

Abstract

This Selected Issues paper highlights that Lesotho’s overall economic situation deteriorated significantly in 1998/99 after registering a slowdown in 1997/98. The economy had witnessed high annual average growth rates of more than 6 percent in the decade ended 1996/97. The strong growth was spurred largely by the construction of the Lesotho Highlands Water Project and the rapid expansion of the export and manufacturing sector. Real GDP growth decelerated sharply from 9.7 percent in 1996/97 to 4.1 percent in 1997/98 and then declined by 5.4 percent in 1998/99.

Suggested Citation

  • International Monetary Fund, 1999. "Lesotho: Recent Economic Developments," IMF Staff Country Reports 1999/084, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:1999/084
    as

    Download full text from publisher

    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=28151
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ISCR; CR; government; firm; Lesotho; earnings;
    All these keywords.

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imf:imfscr:1999/084. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Akshay Modi (email available below). General contact details of provider: https://edirc.repec.org/data/imfffus.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.