In a world of rising debt and slower growth, can Lesotho afford business as usual?

The article examines how global economic slowdown, rising debt levels, and reduced development assistance affect Lesotho as a small, open economy dependent on external factors like SACU revenues and international trade. It argues that Lesotho must strengthen governance, diversify its economy beyond SACU reliance, invest in education and technology skills, and practice fiscal discipline to build resilience against external economic shocks.

Source: Lesotho Times