Wednesday 28, November 2012 by Robin Amlôt

Lesotho sees robust economic growth, says IMF

The Executive Board of the International Monetary Fund (IMF) has completed the fourth review of the Kingdom of Lesotho's economic performance under a programme supported by the Extended Credit Facility (ECF) arrangement. In completing the review, the Board also approved a waiver for the missed continuous cumulative quantitative performance criterion on new nonconcessional external debt contracted or guaranteed by the public sector.

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