Lesotho is currently conducting its DFA, which will lay the foundation for the development of the country's INFF. The INFF will enable the Government of Lesotho to realise its National Strategic Development Plan II (NSDP) objectives by helping the country unlock opportunities through mobilising large scale private investments into Lesotho. In line with priorities of the NSDP, the INFF aims to support the Government of Lesotho to achieve private sector-led economic growth and employment creation by facilitating the creation of a conducive policy environment, strengthening public financial management (PFM) processes, providing platforms for dialogue and generating evidence for private–public collaboration.
The INFF will consolidate the results made by the Government of Lesotho and its partners in promoting a transparent and equitable PFM ecosystem through three interlinked outputs: (1) implement a gender-sensitive financing framework to preserve fiscal sustainability and stimulate partnership; (2) improve transparency, efficiency and effectiveness of public investment programmes through the strengthening of the capacity of public personnel; and (3) establish a policy framework that fosters dialogue on shared values amongst the government, civil society, parliament, and private sector to maximise synergy effects and results during the implementation of future investments.
For more details, visit the Joint SDG Fund website.