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Lesotho: Parly Tightens Screws On Govt Borrowing

Lesotho: Parly Tightens Screws On Govt Borrowing

LEADER of Opposition in Parliament, Mathibeli Mokhothu, has called for all state loans to be approved by Parliament to rein in the massive public debt the country frequently wrestles with.

The Democratic Congress (DC) leader made this call during debate on the Public Debt Management Bill, 2024, which seeks to regulate government borrowing.

The National Assembly is moving to tighten the country’s borrowing to prevent parastatals from running unchecked borrowing.


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