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Lesotho’s economy has had a slow recovery from the most recent global economic shocks caused by the Russia-Ukraine conflict. Real GDP growth is projected to increase to 2.8% in 2024, from 2.2% in 2023 after reaching an annual average growth rate of 1.8% for 2021 to 2023. Economic growth has been driven by textile and clothing manufacturing industry and diamond mining... Read the full PESA Editorial here: https://politicaleconomy.org.za/2025/03/pesa-editorial-on-lesotho-2h2024-25/.
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