For the First time after 15 years, Lesotho will take pride as Dr Moeketsi Majoro, the Principal Secretary in the Ministry of Finance and Development Planning serve as the Executive Director for International Monetary Fund (IMF).

Dr Majoro will resume his duties in November in the United States of America (USA) following exclusive interviews by various Finance Ministers in different countries namely South Africa, Namibia and Liberia.

He will serve four years in America, the first two years as the Executive Director IMF and the remaining two years as the Executive Director World Bank.

In an interview, Finance and Development Planning Minister, Dr Timothy Thahane who also represented Lesotho in both categories in the 1970's expressed gratitude saying Dr Majoro's appointment is a clear indication that Basotho have potential in issues of development.

He urged the Principal Secretary to use his skills effectively for his development and the country especially the economy of Lesotho.

Born at Tsikoane in Leribe, Dr Majoro joined the Ministry of Finance in July 2000, after resigning as a lecturer in Economics in the Department of Economics at the National University of Lesotho (NUL).

IMF is an international financial institute based in America to oversee global financial system by following the macroeconomics policies of its member countries. It was established in 1944 and has over 184 members.

Source: LENA 21/08/2008