Buying And Selling In Lesotho
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Lesotho
Author: International Monetary Fund
language: en
Publisher: International Monetary Fund
Release Date: 2004-02-05
Lesotho's economy has continued to perform well under the Poverty Reduction and Growth Facility (PRGF) arrangement despite adverse weather conditions and the regional food shortage. Executive Directors welcomed the strategy to achieve higher and sustainable economic growth, reduce poverty, and improve social conditions by creating private sector developments and labor-intensive industries. They appreciated the monetary and fiscal policies, the integration of PRGF objectives with the budget, and the improvement in the tax system. They emphasized the need to accelerate structural reforms and supported the Anti-Corruption Unit.
Commerce as Politics
This is the first comprehensive economic history of the Basotho people of Southern Africa (in colonial Basutoland, then Lesotho) and spans from the 1820s to the present day. The book documents what the Basotho have done on their own account, focusing on their systematic exclusion from trade and their political efforts to insert themselves into their country’s commerce. Although the colonial and post-colonial periods were unfavourable to the Basotho, they have, before and after colonial rule, launched impressive commercial initiatives of their own, which bring hope for greater development and freedom in their struggle for economic independence.
The complete travel guide for Lesotho
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