00:05 Lesotho,
00:06 also known as the kingdom in the sky,
00:08 is a small mountainous country in Southern Africa
00:11 that is completely landlocked within its larger neighbor,
00:14 South Africa.
00:15 The effort to achieve the country's development goals
00:18 has however been stifled by governance challenges,
00:21 instability,
00:22 the impacts of climate change,
00:24 the COVID-19 pandemic,
00:25 and the gap in implementing development activities.
00:29 More than a third of the 2 million population
00:32 lives below the international poverty line of $2.15.
00:37 Despite some progress,
00:39 access to basic services remains a challenge.
00:42 For example,
00:43 access to electricity is only at 47%.
00:46 Primary school enrollment is high,
00:48 but the country experiences significant dropout at the secondary level.
00:57 The country's strengths and opportunities offer it the potential to
01:01 eliminate extreme poverty and boost shared prosperity within a generation.
01:06 These are access to South Africa and international markets,
01:09 abundant natural resources,
01:11 including water,
01:12 it's favorable demographic trend,
01:14 and support from development partners.
01:17 Together with the new government that was established in November 2022,
01:22 this is an opportune time for the World Bank Group to
01:24 address Lesotho's development challenges and
01:26 leverage its opportunities and strengths.
01:30 The new government is committed to improve service delivery,
01:33 increase public sector efficiency,
01:35 and transform the economy through developing the private sector for job creation.
01:41 The new Country Partnership framework
01:44 that we are launching with the World Bank Group today,
01:47 our very important development partner,
01:50 is in full alignment
01:52 with the new government's priorities.
01:55 These are articulated
01:57 in the National Strategic Development Plan
02:00 that now runs from 2023 to 2028.
02:06 The priorities in this plan
02:09 are
02:10 the creation
02:11 of
02:12 jobs
02:13 and of course,
02:15 growth.
02:17 Secondly,
02:18 social transformation,
02:20 infrastructure development
02:22 and
02:23 good governance and accountability.
02:25 There are key cross-cutting issues,
02:28 and these include
02:30 environmental preservation.
02:33 Taking care of our climate,
02:35 to cater for climate change,
02:37 youth development,
02:39 gender inclusivity,
02:41 digital technology and transformation,
02:44 as well as renewable energy.
02:47 The Country Partnership Framework,
02:49 or CPF
02:50 builds on past achievements and aims to help
02:53 Lesotho build a sustainable and resilient economy,
02:56 by promoting a private sector driven,
02:59 export-oriented economy for job creation,
03:02 supported
03:03 by an enabling,
03:04 efficient
03:05 and effective public sector.
03:07 The CPF aims to achieve 3 high-level long-term outcomes.
03:12 1,
03:13 increased employment in the private sector.
03:15 2,
03:16 improved human capital outcomes.
03:19 And 3,
03:20 improved climate resilience.
03:24 How will this CPF be different from the previous one?
03:29 This country partnership framework with a new and innovative way
03:33 to ensure impact at a scale on the ground.
03:38 One,
03:39 use of digital technology and promoting gender cut across all CPF objectives,
03:44 and results will be monitored.
03:47 2,
03:48 a territorial development approach,
03:50 harnessing private sector development opportunities in
03:53 urban areas and improving access and
03:55 quality of basic services in the poorest rural and mountainous areas.
04:01 3,
04:02 strengthen partnerships with the government and all stakeholders.
04:07 4,
04:07 improving governance and capacity building of the public sector.
04:13 This partnership with the Kingdom of Lesotho
04:16 gives rooms to work,
04:19 not only with the government,
04:21 but also with the people of Lesotho,
04:24 youth,
04:25 women,
04:26 private sector.
04:27 And development partners
04:29 to boost economic growth,
04:32 reduce poverty
04:33 and inequality.
04:35 The World Bank Group remains committed
04:38 to supporting
04:40 the kingdom's development.
04:42 Lesotho,
04:42 like many sub-Saharan African countries,
04:45 faces the societal issue of early marriages.
04:48 This can be a huge hindrance and barrier.
04:51 towards attaining SDG 5,
04:53 which is gender equality.
04:54 Lesotho's leaders have developed a clear plan
04:58 with uh indicators and targets and clear timelines
05:02 towards ending child marriages.
05:04 We welcome the efforts and the support of the World Bank
05:07 through the CPF
05:09 in helping Basotho
05:11 address this uh societal problem.
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Lesotho’s five-year Country Partnership Framework is centered around three high-level, long-term outcomes: increased employment in the private sector through improving the enabling environment for Micro, Small, and Medium Enterprises’ growth to crowd in private investment for enhanced job creation, improved human capital outcomes through the strengthening of the quality of education, health, and social protection; and strengthened climate resilience through improving the management of natural resources and access to climate resilient infrastructure.
Moralo oa Selekane sa Naha ea Lesotho 2024 – 2028
Moralo oa Selekane sa Naha ea Lesotho oa lilemo tse hlano o kolla holima lintlha tse tharo tse ka sehlohlolong, ebile e le tsa moshoelella: ho nyolla khiro mafapheng a ikemetseng ka ho phahamisa kholiso ea moruo likhoebong tse tlase-tlase, tse nyenyane, le tse mahareng, ho atisa kholo ea matsete ho ba ikemetseng e le ho anetsa phano ea mesebetsi. Ho nyolla boipabolo mosebetsing ka ho matlafatsa boleng ba thuto, bophelo le boiketlo ba sechaba; le ho matlafatsa tshireletso ea tlholeho ka kholiso ea kaloso ea lihloliloeng le ho fumana lisebelisoa tse sireletsang tlholeho.