Lesotho Has the Loans. The Problem Is Spending Them

Banking & Finance · Government Debt Analysis · February 2026 Lesotho’s government has published its Annual Borrowing Plan for FY2026/27, a constitutionally mandated document that reveals both the scale of the state’s fiscal ambitions and the structural constraints that continue to define its borrowing options. “` For the first time under a constitutional requirement, the Ministry of Finance and Development Planning has laid out in public how it intends to borrow LSL4,638.8 million in the coming financial year. The document…Continue reading with a subscriptionSubscribe for full access to every story.Subscribe - M85/monthAlready a subscriber? Sign in Advertisement ...