Joint GOL and IMF Economic Reform Programme: Results of Third Review

  On September 20, the Government of Lesotho and the International Monetary  Fund completed the third review of the Government's Economic Reform Programme (ERP). With this completion, the Government became eligible to a fourth disbursement of an IMF loan supporting poverty reduction amounting to about M48 million maloti which was received in Lesotho on 30 September 2002. For details and background information on the ERP, see an article titled 'Lesotho Reaches an Agreement with the IMF on its Economic Programme'
  SOURCE: Ministry of Finance