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HomeBusiness & EconomyU.S., Lesotho Sign $364 Million Health Deal Aimed at Ending Aid Dependency

U.S., Lesotho Sign $364 Million Health Deal Aimed at Ending Aid Dependency

Maseru — The United States and the Government of Lesotho have signed a five-year bilateral health cooperation agreement committing a combined $364 million to transition Lesotho’s health system toward long-term self-sufficiency, amid growing scrutiny over the effectiveness, governance and sustainability of donor-funded health programmes. The Memorandum of Understanding (MOU), signed this week by U.S. Chargé d’Affaires Tom Hines and Minister of Finance Retselisitsoe Matlanyane, outlines a planned U.S. investment of $232 million alongside a $132 million co-investment by the Government of…Continue reading with a subscriptionSubscribe for full access to every story.Subscribe - M85/monthAlready a subscriber? Sign in Advertisement ...

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| Independent business & current affairs journalism · Lesotho