Country Partnership Framework for the Kingdom of Lesotho - FY 2024-2028

Jul 19, 2026

The Country Partnership Framework for the Kingdom of Lesotho 2024-2028 sets out a strategic engagement for development cooperation, contextualizing the timeframe and core institutional setup of the World Bank Group. It includes key reference information such as the currency equivalents, fiscal year definition, and extensive abbreviations and acronyms used across programs. It also documents prior framework timing and provides credit attribution for published materials, supporting clarity and traceability for stakeholders.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages144

Reading Time6 h 3 min

Overview and administrative details

Timeframe, currency equivalents, and fiscal year

Abbreviations and acronyms

Document credits

Public Disc losure Authorized Country Partnership Framework for the Kingdom of Lesotho 2024-2028 MAY 2023 u ub lic Disclosure th ir el Disclosure Authorized Pub lic Disclosure Country Partnership Framework for the Kingdom of Lesotho 2024-2028 Photo credits: © Yoichiro Ishihara/World Bank II Document of The World Bank Group International Development Association and International Finance Corporation and Multilateral Investment Guarantee Agency Country Partnership Framework for the Kingdom of Lesotho for the period 2024-2028 Country Partnership Framework for the Kingdom of Lesotho The date of the last Country Partnership Framework was June 2, 2016. CURRENCY EQUIVALENTS (Exchange Rate as of April 17, 2023) Currency Unit = Lesotho Loti (LSL) LSL18.1 = US$1 FISCAL YEAR April 1 – March 31 ABBREVIATIONS AND ACRONYMS AfCTFA African Continental Free Trade Agreement LCS Livelihood Coping Strategy Index | AfDB | African Development Bank | LEAP | Lesotho Enterprise Assistance Program | | --- | --- | --- | --- | | AGOA | Africa Growth and Opportunities Act | LEQEP | Lesotho National Development Corporation | | APPSA | Agriculture Productivity Program Southern Africa | LHWP | Lesotho Highlands Water Project | | ASA | Advisory Services and Analytics | LLWDP II | Lesotho Lowlands Water Development Project (Phase 2) | | BESP | Basic Education Strengthening Project | LNHSSP | Lesotho Nutrition and Health System Strengthening Project | | BOS | Bureau of Statistics | LREEAP | Lesotho Renewable Energy and Energy Assistance Project | | CAD | Current Account Deficit | MCC | Millennium Challenge Corporation | | CAFI | Lesotho Competitiveness and Financial Inclusion Project | MFD | Maximizing Finance for Development | | CBL | Central Bank of Lesotho | MICS | Multiple Indicator Cluster Surveys | | CCDR | Country Climate and Development Report | MNO | Mobile Network Operator | | CE | Citizen Engagement | MODP | Ministry of Development Planning | | CEM | Country Economic Memorandum | MOET | Ministry of Education and Training | Country Partnership Framework for the Kingdom of Lesotho | CERC | Contingent Emergency Response Component | MOF | Ministry of Finance | | --- | --- | --- | --- | | CGP | Child Grant Program | MOFDP | Ministry of Finance and Development Planning | | CLR | Completion and Learning Review | MOH | Ministry of Health | | CMA | Common Monetary Area | MOTIBDT | Ministry of Trade, Industry, Business Development and Tourism | | CMA | Creating Markets Advisory | M&E | Monitoring and Evaluation | | CPF | Country Partnership Framework | MIGA | Multilateral Investment Guarantee Agency | | CPSD | Country Private Sector Diagnostic | MSME | Micro, Small and Medium Enterprises | | CRS | Catholic Relief Services | MTEF | Medium-Term Expenditure Framework | | CRW | Crisis Response Window | MTR | Mid-Term Review | | CSO | Civil Society Organization | NDC | Nationally Determined Contribution | | DFS | Digital Finance Service | NISSA | National Information System for Social Assistance | | DLIs | Disbursement-Linked Indicators | NSDP2 | Second National Strategic Development Plan | | DPCF | Development Partner Coordination Forum | NSPS | National Social Protection Strategy | | DRM | Disaster Risk Management | OAP | Old-Age Pension | | DPCF | Development Partner Coordination Forum | PA | Public Assistance Program | | DPO | Development Policy Operation | PCG | Partial Credit Guarantee | | DSA | Debt Sustainability Analysis | PER | Public Expenditure Review | | ECCDE | Early Childhood Care Development and Education | PFM | Public Financial Management | | ECDE | Early Childhood Development and Education | PFMA | Public Financial Management and Accountability | | EFT | Electronic Funds Transfer | PIU | Project implementation Unit | | e-GP | Electronic Government Procurement Systems | PPAs | Performance and Policy Actions | | EU | European Union | PPP | Purchasing Power Parity | | F

FAQs

What is the document’s purpose for Lesotho?

It defines the Country Partnership Framework for the Kingdom of Lesotho for the period 2024-2028, outlining the basis for World Bank Group engagement.

What timeframe does the framework cover?

The framework covers the period 2024-2028, with administrative reference material dated May 2023.

Which fiscal year definition is used?

The fiscal year is defined as April 1 to March 31.

Jul 19, 2026

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