Lesotho has stopped pretending its budget can save the economy

There was a time when Lesotho’s national budget pretended to be something it was not. It pretended to be an engine of prosperity. A guarantor of jobs. A promise that government, somehow, would carry the nation forward. That illusion has now been quietly abandoned. The newly tabled 2026/27 budget does not say so bluntly. Budgets rarely do. But read carefully, and the shift is unmistakable. The language has changed. The ambition has changed. Most importantly, the honesty has changed. Government…Continue reading with a subscriptionSubscribe for full access to every story.Subscribe - M85/monthAlready a subscriber? Sign in Advertisement ...