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Balance of Payments and International FDI Position in Lesotho: FY2019/20

[Dataset] Balance of Payments and International FDI Position in Lesotho: FY2019/20

Balance of Payments and International FDI Position in Lesotho: FY2019/20
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  • Create Date 7 months ago
  • Last Updated Apr 22, 2020

[Dataset] Balance of Payments and International FDI Position in Lesotho: FY2019/20

Lesotho's merchandise export earnings have grown consistently since 2015. The current account balance has been volatile despite the improvements in merchandise export earnings. The balance of payments has improved supported by persistent inward foreign direct investment (FDI) inflows and personal remittance receipts. These capital flows have supported Lesotho’s balance of payments but worsened the country’s net international FDI position. Lesotho’s balance of payments is projected to remain stable in the medium-term which should increase gross official reserves in the medium-term.

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