Lesotho: IMF Calls for Economic Reform

…urges shift from public sector dependency to private sector-led growth

THE government must urgently overhaul Lesotho’s economic model to unlock private sector-led job creation to end chronic unemployment and poverty, the International Monetary Fund (IMF) has said.

According to the IMF’s Selected Issues Paper No. 2025/141 released this week, Lesotho’s long-standing reliance on public spending to drive growth has failed to deliver sustainable employment or rising living standards.

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