Lesotho still heavily dependent on donor funding – Report

A report on an overview of aid flows to Lesotho indicates that the country is one of the highest consumers of donor funding in Africa, according to APA

The report, released in Maseru on Monday shows that donor funding in Lesotho steadily increased from $ 276 million in 2010 to $343 million in 2013.

“Lesotho is among the largest consumers of ODA (Official Development Assistance) in Africa: aid per capita in Lesotho reached as high as $ 183 million (15.5 % of per capita GDP) in 2013, totaling $ 343 million,” says the report.

Lesotho’s largest bilateral donor remains the United States of America which disburses its assistance primarily through the Millennium Challenge Corporation (MCA) while the second largest donor to Lesotho is the European Union.

APA