Lesotho’s risk of external and overall debt distress remains moderate, with broadly unchanged risks to debt sustainability since the last debt sustainability analysis (DSA). The fiscal surplus in FY23-24, backed by strong Southern African Customs Union (SACU) transfers and higher water royalties, has lowered public debt. However, risks from rising contingent liabilities, persistent domestic arrears, and difficulty sustaining the current degree of...
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2024/09/30
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Board Report
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195665
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1
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2024/12/16
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Disclosed
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Lesotho - Joint World Bank-IMF Debt Sustainability Analysis
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World Bank.
Lesotho - Joint World Bank-IMF Debt Sustainability Analysis (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099121624130570964