Lesotho has yet to record a case of COVID-19 as of April 13, one of two countries to escape the virus since it reached the continent. The other being the island nation of Comoros. But the government in Maseru led by Prime Minister Tom Thabane has rolled out a series of economic intervention measures to cushion the country from the impact of the pandemic. In an address on Monday, Thabane disclosed that a budget had been allocated for a Disaster Relief Fund with another Relief Fund for the private sector. Like other African countries have announced in recent times, Lesotho has formally opened talks with the World Bank and the European Union for assistance in this regard. The measures touch on the public and private sectors and also addresses Basotho students within the Southern Africa Development Community (SADC) and those outside the region. Banks have also been directed to revise some regulations whiles telecom companies are to lower interest rates.
SOURCE: AFRICA NEWS
More Stories
The Marshall Nature Reserve Gives a Different Glimpse of the Sudanese Capital
The Journey of Moving Tanzanians Around
Correcting Kinshasa’s Commodity Crisis
Can African Leaders Rate Themselves?
First Black African to Win Grand Tour Stage
Financing Dangote’s Fertiliser Dream Tougher than Expected
This is a Moment for the Women of Kenya
US Support in Somalia Couldn’t Have Come at a Better Time
A Symbol of Sudan’s Resistance
Families of Trapped Miners in Limbo
Google Translate Announces an Addition of 10 Languages Spoken in Africa
All Four Tourists Reported Missing in the Fish River Canyon have been Accounted For