Priorities for Crisis Response and Future Development in Lesotho
Lesotho’s economy was traditionally dominated by agriculture, but recent years have seen the development of the mining sector and the textile industry. In addition, the expansion of the Lesotho Highlands Water Project has brought increased water provision and hydropower generation.
But economic change belies the political instability that surrounded elections in March 2015 and an ongoing impasse has impeded policy towards improved fiscal governance and resilience, as drought becomes a growing challenge.
At this event Deputy Prime Minister Mothetjoa Metsing discusses the government’s efforts to strengthen governance and plans for deepening Lesotho’s economic diversification.