Kingdom of Lesotho

Kingdom of Lesotho
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 87
Release: 2010-07-21
Genre: Business & Economics
ISBN: 1455205745

Lesotho’s fiscal and external balances have deteriorated as a result of the global economic downturn and a surge in spending. Undertaking key fiscal adjustments to restore macroeconomic stability is necessary for raising Lesotho’s growth potential. Executive Directors commend the measures taken in the budget to reduce expenditure. Further strengthening of debt management and accelerating structural reforms is crucial for raising Lesotho’s growth potential. Strengthening the institutional and regulatory framework for banks and non-bank financial institutions (NBFIs) will help to support financial sector health and stability.

Global Financial Stability Report

Global Financial Stability Report
Author: International Monetary Fund Staff
Publisher: International Monetary Fund
Total Pages: 210
Release: 2008-04-08
Genre: Business & Economics
ISBN: 145197941X

The events of the past six months have demonstrated the fragility of the global financial system and raised fundamental questions about the effectiveness of the response by private and public sector institutions. the report assesses the vulnerabilities that the system is facing and offers tentative conclusions and policy lessons. the report reflects information available up to March 21, 2008.

Britannica Book of the Year 2013

Britannica Book of the Year 2013
Author: Encyclopaedia Britannica, Inc.
Publisher: Encyclopaedia Britannica, Inc.
Total Pages: 882
Release: 2013-03-01
Genre: Juvenile Nonfiction
ISBN: 1625131038

The Britannica Book of the Year 2013 provides a valuable viewpoint of the people and events that shaped the year and serves as a great reference source for the latest news on the ever changing populations, governments, and economies throughout the world. It is an accurate and comprehensive reference that you will reach for again and again.

Kingdom of Lesotho

Kingdom of Lesotho
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Total Pages: 54
Release: 2012-12-04
Genre: Business & Economics
ISBN: 1475519478

Lesotho’s economic growth has weakened compared with the earlier forecast, owing to adverse exogenous shocks. In 2011/12, despite weather-related shocks (floods), robust growth was maintained. To address these shocks, the authorities have sought external assistance. Lesotho continued to face the challenges in rebuilding its international reserve cushion. The authorities continued commitment to implement reforms in improving the business climate to support private sector-led growth and economic diversification. The authorities have also requested a waiver for the missed cumulative quantitative performance.

Cape Verde, Namibia, and Kingdom of Swaziland

Cape Verde, Namibia, and Kingdom of Swaziland
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Total Pages: 51
Release: 2013-09-20
Genre: Business & Economics
ISBN: 1484340248

This Selected Issues paper focuses on the challenges of small middle-income countries (MIC) in sSub-Saharan Africa (SSA) comprising Cape Verde, Namibia, and the Kingdom of Swaziland. The IMF report summarizes the analytic underpinnings that support the IMF staff’s advice on policies to strengthen macroeconomic stability, foster more inclusive growth, and enhance the resilience of their financial systems. It recommends that macroeconomic policies should aim to rebuild policy buffers to help cushion against large external shocks especially given the prevalence of pegged exchange rate regimes in these economies.