By, April 17 -- Thoboloko Ntsonyane
MASERU - The Minister of Finance and Development Planning Dr Retselisitsoe Matlanyane says the Millennium Challenge Corporation (MCC) Compact II is a beacon of hope to the country's ailing economy.
Although the celebrations were held last week, MCC Deputy Chief Executive Officer (CEO) Chidi Blyden says Compact's clock started ticking on March 31st.
During the celebration hosted by the government of Lesotho and the United States at Thaba-Bosiu last week.
Lesotho will see an injection of a $300 million grant from MCC Compact II. That grant will be matched by $22.5 million from the government, bringing it to a total of $322.5 million, just over M6 billion.
During the five year implementation period of t...