Lesotho has declared a two-year state of disaster due to the severe economic impact caused by recent US tariff changes.
Government Response
The main goals of the government are to:
- Attract new investment
- Diversify the national economy
- Stabilize the economy
- Protect the livelihoods of many citizens at risk
- Implement emergency measures and mobilize resources
Economic Challenges
Lesotho’s heavy reliance on exports affected by US tariffs has caused significant financial strain. This situation has led authorities to seek international support and collaborate with partners to find new opportunities and reduce vulnerability to external economic shocks.
Outlook
These measures aim to soften the effects of trade disruptions and lay the foundation for long-term economic resilience in Lesotho.
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