Kingdom of Lesotho : Requests for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for the Kingdom of Lesotho »
Series: IMF Staff Country Reports
Author(s): International Monetary Fund. African Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 30 July 2020
Keywords: Rapid Credit Facility (RCF), Rapid Financing Instrument (RFI), External sector, Expenditures, Credit, Development, Balance of payments, ISCR, CR, SACU
The COVID-19 pandemic is having a severe impact on Lesotho's economy. Supply chains for major industries have been disrupted and a national shutdown to contain the virus curtailed economic activity with adverse soc...