Tuesday

Lesotho achieves robust economic growth despite shocks

"Lesotho achieved a robust growth in economy as compared to other countries globally despite the shocks it experienced over the past years. The shocks included a decline in South African Custom Union (SACU) revenue, drought and floods that seriously affected the agricultural sector to mention a few. The IMF Mission Chief to Lesotho Jiro Honda said this in his presentation on Lesotho’s macroeconomic challenges and the role of IMF during a brief meeting with the local media in Maseru on Friday."

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