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World Bank hails Lesotho’s progress

Staff Reporter

MASERU — The World Bank says Lesotho has shown progress in improving access to public service, creation of jobs and improving the quality of life. The bank, however, said more still needs to be done to support the country’s fight against poverty and “boost shared prosperity”. The upbeat assessment is contained in the World Bank’s progress report on the implementation of its 2010-14 Lesotho Country Assistance Strategy (CAS).

The current strategy which is said to be relevant and appropriate for Lesotho is anchored on fiscal adjustment and public service efficiency, human development, service delivery, enhanced competitiveness and diversification. “We are encouraged with the strong results achieved under the World Bank Group programme,” said the World Bank country director for Lesotho Asad Alam in a press statement.

Some of the achievements that Lesotho has had during the CAS programme from 2010 to date include construction of two high level bridges on Senqu and Senqunyane rivers. There is also the construction and rehabilitation of 30 kilometres of rural roads, 27km of urban roads. Lesotho has also strengthened institutional capacity for roads management.

Advance infrastructure for the Metolong dam and laying of about 7.5km of pipelines between Metolong and Teyateyaneng was completed. The International Finance Corporation, a member of the World Bank group acted as lead transaction adviser to government on the development of the 425-bed Queen ’Mamohato Memorial Hospital.

The hospital, a pioneering public-private partnership transaction, delivers improved clinical services to
20 000 inpatients and over 300 000 outpatients at three filter clinics in Maseru. Finance Minister Leketekete Ketso said Lesotho was pleased with the positive outcome of the report. “We will continue to partner with the World Bank Group in our efforts to preserve macroeconomic stability and fiscal sustainability, and achieve a private sector led growth which is critical for creating employment for Basotho,” Ketso.

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