Economic advisory council and national planning board are at the top of the agenda of Private Sector Foundation of Lesotho (PSFL) this year according to chief executive officer Thabo Qhesi. “We are prepared to participate further in the economic reforms and we will appreciate if the recommendations made during the recent multi-stakeholder national leaders dialogue could be implemented this year,” he said.
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Jan. 4, 2019
2 min read
Private sector gears up for reforms in 2019
Qhesi said the special session on economic recommended that a national planning board should be established as the project management authority to take charge of all government projects while a national economic advisory council need to be established to advise prime minister on economic related issues.
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He added: “As the private sector, we would be happy to see these structures in place as they can significantly contribute towards the economic growth of our country. There is a for certain structures to be established or resuscitated to ensure that the economy of the country develops for the better.” In the guest to build ‘Lesotho we want’ approach to reforming national institutions, Lesotho is holding national dialogues of all stakeholders, non-government organisations and other entities to make submissions in writing to the Lesotho National Dialogue Planning Committee (NDPC) before 15 January 2019 so that submissions shall be consolidated into a report, which shall also be presented to the next National Leaders’ Forum.
When officiating the first multi-stakeholder national forum, King Letsie III said it was agreed that the NDPC shall review and consolidate the reports of the breakout groups of the national dialogue and from the issues raised therein to develop proposals for consideration and decision by the second plenary of the national dialogue. Following protracted political instability since Lesotho gained independence in 1966, the leaders are set to reform economic policies, reform the Judiciary, Public Service, Security, Media and the Constitution, among others.
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