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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'
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