Lesotho's economic growth of around three percent since 2001 is significantly better than that of many African countries, but is far smaller than that needed to achieve the country's long term goals, as expressed in the National Vision 2020 and the Millennium Development Goals.

This is the view of Principal Secretary for Finance and Development Planning, Dr. Moeketsi Majoro on his Ministry's new look on opportunities for effective socio-economic growth for the country.

 Dr Majoro said Lesotho's economy has been transformed considerably from an economy dominated by agriculture and migrant worker incomes to one that depends on manufacturing and construction.

01 December 2005