2025 budget and oil price volatility in Lesotho

1. INTRODUCTION On Wednesday, 19th February 2025 the Honourable Minister of Finance and Development Planning presented the Revenue and Expenditure Estimates for the Financial

These uncertainties are contributing to volatility in the markets and are expected to impact oil prices. It is anticipated that the Fed will cut interest rates by 25 basis points this

eries in key industries. (See Table 2 below for detail to a fall in oil prices. Inflation averaged 4.0 per cent in t e first quarter of 2025. Food inflation averaged 6.0 per cent while non-food inflati n averaged 3.5 per cent. In addition, the VAT increase proposal in both south Africa and Lesotho

2025/2026 Lesotho National Budget Analysis “Building Strategies for Inclusive Growth.” Ratjomose P. Machema Department of Economics, NUL Victory Hall, Maseru 19th February

The budget presents a well-structured plan for fiscal stability, emphasizing revenue mobilization and careful expenditure (IMF, 2025). The anticipated 2.3% GDP surplus is

Following a decade of low and unstable growth, Lesotho has a unique opportunity to build a new foundation for robust and inclusive development. As real GDP growth pivoted .

She concluded that the 2025/26 budget sets out a clear roadmap to drive economic transformation, fiscal sustainability, and social equity. The government’s commitment to

Lesotho First published: 07 August 2025 https://doi.org/10.1111/j.1467-6346.2025.12223.x Read the full text

The peg to the Rand has continued to serve Lesotho well, helping bring inflation down from a peak of 8.2 percent in early 2025 to 4.0 percent in April 2025. Prudent government spending during FY24/25, along with buoyant

Maseru, Feb 19 — For 2025/2026 financial year, the government projects total spending to 65 percent of Gross Product (GDP), with recurrent

The global oil demand forecast remains cautiously modest. The International Energy Agency (IEA) projects a growth of 1.1 million barrels per day (mb/d), reaching 103.9

Amid rising volatility, oil producers are hedging 2025 prices, with smaller companies and Diamondback Energy leading the effort.

For 2025/2026 financial year, the government projects total spending to 65 percent of Gross Product (GDP), with recurrent expenses at 48.8

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed that the Federal Government will focus only on priority projects in the 2025 budget in

Additionally, OPEC+ has announced plans to ease its voluntary production cuts starting in April, which has heightened expectations of a well

Economist Stephen Iloba believes the government must urgently address oil production challenges to salvage the budget. “If oil production

The 2025/26 Budget is ambitious and tackles essential economic priorities. However, effective policy execution and accountability are vital for achieving

4 days agoHighPeak Energy, an independent oil and natural gas company focused on the Midland Basin, navigated a complex financial landscape in the first half of 2025, marked by a

Oil Price Forecast and Market Revisions: HSBC Slashes Projections WTI (CL=F) and Brent (BZ=F) oil prices have been subject to a

On an annual basis, we now forecast crude oil production will average 13.4 million b/d in 2025 and 13.3 million b/d in 2026. U.S. gasoline