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Kingdom of Lesotho: 2014 Article IV Consultation-Staff Report Press Release And Statement by the Executive Director for the King

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by International Monetary Fund Afri Dept
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Kingdom of Lesotho: 2014 Article IV Consultation-Staff Report Press Release And Statement by the Executive Director for the King by International Monetary Fund Afri Dept

This 2014 Article IV Consultation highlights that since 2010, the Lesotho’s economy has performed well with the growth of real GDP averaging over 5 percent a year and inflation held to single-digit levels. International reserves have recovered to close to 5 months of import coverage after dipping to 3½ months of imports in 2012 in the wake of the balance of payments and fiscal crisis. The economic outlook for Lesotho is positive with strong economic growth and low inflation. Economic activity is expected to be supported by large public investment projects, including the second phase of Lesotho Highland Water Project.

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Ebook Details
Pages: 69
Size: 5.2 MB
Date published:   2014
ISBN: 9781498357777 (DRM-EPUB)

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Nonfiction > Business & Economics > International > Economics

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