قياس أثر تحويلات العاملين في الخارج على النمو الاقتصادي في ليسوتو منذ عام 2020

الملخص EN

The study aims to identify the economic impact of remittances of workers abroad on raising the rate of economic growth, as well as the volume of annual remittances in Lesotho, and the extent of their impact on the current account balance.

The study also aims to analyze the impact of remittances of workers abroad on economic performance in Lesotho.

The study found the extent of the economic importance represented by the outcome of remittances of workers abroad in the economy of the Kingdom of Lesotho.

In the year 2000, the coverage rate of remittances of workers abroad for merchandise imports in Lesotho was about 60.1%.

This means that it was the main source that is relied upon to provide the import needs of the citizens of the country, especially the imports of food and essential commodities.

During the period (2001-2005), the remittances of workers abroad continued to cover more than half of commodity imports.

The study also found the importance of remittances of workers abroad in Lesotho as one of the main sources of foreign exchange flows within the country.

It is noted that in 2000 it ranked first in foreign exchange flows before exports and foreign direct investment, where the value of remittances amounted to about 477.6 million dollars, while the value of flows amounted to about 477.6 million dollars.

From the proceeds of foreign exports, about 254.6 million dollars, and the proceeds of foreign direct investment inflows did not exceed 32.5 million dollars in the same year.

The study emphasized that South Africa is the main destination for Lesotho immigrants and is the main source of remittances for workers abroad.

The remittances from workers abroad are one of the most important strengths in Lesotho economy, but the concentration of the source of remittances in one country remains a major and influential challenge in the volume and value of remittances because it is affected by the economic fluctuations that may occur in the country sending remittances, and this may lead to a significant type of economic dependence and economic instability as a result of the fluctuation of an important foreign exchange resource within the country, in addition to the impact of high poverty rates and the use of most workers’ remittances in consumer spending.

The study recommended the following: The most important of which was that the state should focus not only on attracting remittances from workers abroad through banks to improve the balance of payments position, but also go beyond it to the issue of using remittances and savings and directing them towards productive investment opportunities and establishing small and medium projects that benefit the citizens of the state rational uses.