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Lesotho is a small, landlocked, low-income country, with limited natural resources and a narrow production and export base. In recent Article IV consultations, IMF staff has emphasized the importance of ensuring that increases in outlays for poverty reduction are consistent with fiscal sustainability and absorptive capacity. However, economic activity has remained sluggish, reflecting the adverse impact of exogenous shocks. Fiscal management is becoming more challenging. The authorities are making efforts to implement their poverty reduction strategy. The political situation is relatively stable.
This Poverty Reduction Strategy Paper for the Kingdom of Lesotho presents a determined plan in pursuance of high and sustainable equity-based economic growth. It contains medium-term objectives and strategies to address the major challenges facing the country. These challenges include employment creation and income generation, and improving quality of and access to education and health services. Lesotho plans to deal boldly with its trading and investment partners by exploiting the opportunities inherent in the process of globalization under such mechanisms as the Africa Growth and Opportunities Act.
For the last 137 years, The Statesman's Yearbook has been relied upon to provide accurate and comprehensive information on the current political, economic and social status of every country in the world. The appointment of the new editor - only the seventh in 137 years - brought enhancements to the 1998-99 edition and these have been continued since then. Internet usage figures are included. Specially commissioned essays from major political and academic figures supplement country entries in areas of major upheaval and change. A fold out colour section provides a political world map and flags for the 191 countries of the world. The task of monitoring the pattern or flow of world change is never-ending. However, the annual publication of The Statesman's Yearbook gives all the information needed in one easily digestible single volume. It will save hours of research and cross-referencing between different sources. A prestigious and popular book, The Statesman's Yearbook is updated every 12 months. In a world of continual change The Statesman's Yearbook is a necessary annual purchase.
" This publication contains the text, in full or in excerpt form, of treaties concluded between or among African States on the subject of the development, use and protection of rivers and lakes shared across international boundaries in Africa. It is intended for reference purposes and for use by policy-makers, decision-makers, government legal advisers and negotiators as an illustration of the kind of legal obligations and instruments adopted by countries in their dealings with international water resources. Cette publication contient le texte integral ou des extraits de traites conclus entre les pays africaines pour la mise en valeur, l'utilisation en Afrique et la protection de fleuves et de lacs s'etendant sur le territoire de deux ou plusieurs pays. Il s'agit d'un ouvrage de reference, destine aux decideurs, cadres, conseillers juridiques et negociateurs, qui y trouveront des exemples de clauses et d'instruments juridiques adoptes par les divers pays dans le domaine des ressources hydriques internationales." "