LMDA (Lesotho Millennium Development Agency) Compact

Ministry of Development Planning
Ministry of Tourism, Environment and Culture
Describe the main features of the policy/measure: 

MCC Compact 2: The compact aims to facilitate equitably and sustain economic growth in partnership with the private sector by loosening key constraints to economic growth by reducing barriers to investment.
The compact was meant to focus on four key areas; Agriculture, Manufacturing, Tourism and creativity and Technology and innovation; however, prioritisation of the last two sectors has been subsequently put aside.

Thus far, the MCC compact has been responsible for improved processes which parties must follow when setting up businesses thus modifying the business environment in Lesotho. CCIs have indirectly benefited from this initiative hence the rise in registered businesses/traders that operate within the CCI sphere.

What are the results achieved so far through the implementation of the policy/measure?: 

Communication consultations with various interest groups on CCIs.
Sectorial consultations with various interest groups on economic growth.
Currently conducting feasibility studies on economic growth through CCIs.
CIEP facilitated market access for visual artists and crafters.

Financial resources allocated to the policy/measure in USD: 


Partner(s) engaged in the implementation of the measure: 
Name of partnerType of entity
LCN (Lesotho Council of NGOs)
Civil Society Organization (CSO)
Public Sector
Ministry of Small Business, Cooperatives and Marketing
Public Sector
Has the implementation of the policy/measure been evaluated?: 
Objetivo(s) de la Convención 2005 de la UNESCO
Cultural Domain(s)
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