Japan has granted Lesotho with over M14 million to support import of products to promote economic structural adjustment in the country.

Adjustment efforts of the Lesotho government are implemented under the agreement between the World Bank and International Monetary Fund through the initiative of the fourth Tokyo International Conference on African Development at which Japan committed to double official assistance to Africa by 2012.

The Embassy of Japan in Pretoria has stated in a press release that Japan government donated money under its Non-project Grant Aid (NPGA), while products to be purchased will include among others, agricultural machinery for the development of Lesotho's agricultural sector.

A signing ceremony of exchanged notes and related documents will be performed at the Embassy on Friday by Ambassador of Japan to Lesotho Mr. Akihiko Furuya and Lesotho's Charge d'affaires, Ms. Mats'eliso Kumi.

Source: LENA 26/06/2008