Applications are hereby invited from suitably qualified local candidates for the following position tenable in the Prime Minister’s Office:
JOB DESCRIPTION
Title: Economic Advisor
Grade: M
No. Of Positions: One (1)
Responsible To: The Rt. Hon. The Prime Minister
JOB SUMMARY
The Economic Advisor will report to the Prime Minister. Main responsibilities include establishment and execution of a result monitoring and policy evaluation, as well as understanding government business re-engineering. The Economic Advisor shall serve as a head of high-level monitoring and evaluation of govemment programmes and policies and advise Cabinet and Office of the Prime Minister accordingly. Tracks and monitors compliance of Cabinet decisions by line Ministries, and assists the Prime Minister in discharging fiduciary responsibilities to hold Ministries and Principal Secretaries accountable
MAIN DUTIES
- Strengthens accountability function in the Government of Lesotho
- Provides economic advice to Cabinet Sub-Committee on Investment Climate and Economic Reforms, infrastructures and on Social and Human Capital.
- Serves as a Secretary to the Cabinet Sub-Committees and tracks progress on all decisions made by the Cabinet Sub Committees.
- Oversees and reviews the existing economic policies and programmes of the Lesotho Govemment to assess their sustainability in the context of Lesotho’s microeconomic as well as the global fragile economic environment.
- Assists key ministries on technical matters and strengthens the government’s relationship with multilateral agencies. Key Ministries will include but are not limited to the Ministry of Finance and Development, Department of Statistics, Revenue Services of Lesotho, Accountant General and the Central Bank of Lesotho. Key multilateral agencies will include European Union (EU), International Monitory Fund (IMF) and the World Bank. Consultations should take place with other relevant stakeholders in the private sector and civil society.
- Advises the Prime Minister and the Cabinet on appropriate macroeconomic policies and strategies to be pursued in the context of the local, regional and international environment.
- Provides technical support to the Prime Minister and Cabinet on appropriate economic policies and strategies to be pursued.
- Holds discussions, advises and works closely with the Office of the Government Secretary, Ministry of Finance, key government ministries and multilateral agencies.
- Prepares economic and social development policy documentation and briefs for the Prime Minister, including preparation of Cabinet papers local, regional and international meetings. Briefs will be on matters ranging from economic development and integration to financing.
- Oversees the development and, where required, lead/assist in the implementation of approved strategic plans and other government plans and frameworks
- Improves capacity for macroeconomic and microeconomic policy analysis, planning and decision-making capacity within the Prime Minister’s Office and the Ministry of Finance and Development Planning through support, training and knowledge sharing in the analysis of key policy issues and policy documents including the Term Economic Framework and debt restructuring operations.
- Sets targets for line ministries, and monitoring results achieved thereof.
- Monitors Government policy implementation and assists in public service business process re engineering.
- Supervises the staff of the Office of the Economic Councilor and ensures timely delivery of targets.
JOB SPECIFICATION
PhD. in Economics with at least four (4) years working experience in administration position and public affairs, two of which shall be in the managerial position.
OR
A postgraduate Degree in economics, preferable majoring in macroeconomics with at least 10 years relevant experience in macroeconomic planning and policy formulation.
- Extensive experience in leading and directing the preparation of medium-term economic plans will be an added advantage.
- Working for a ministry at a senior level, such as Ministry of Finance and Development Planning or for an institution where in-depth knowledge of macroeconomic management and development planning was an essential requirement.
- Sound knowledge of the Lesotho economy and extensive awareness of regional and international growth challenges especially in the context of COVID-19.
COMPETENCIES
- Strong leadership and management skills and the ability to interact and negotiate at senior management level.
- Strong presentation and public speaking skills and the ability to manage diverse teams and builds partner relationships.
- Experience in human capacity development by way of mentoring/training and, providing technical direction and guidance to inexperienced staff.
- Respect for diversity and ability to adopt the different cultural settings
- Self-motivated, confident, organized and dynamic person with ability to cultivate good relationships and demonstrate change management capabilities.
- Knowledge of economic modelling and understanding of macroeconomic accounts.
- Good interpersonal skills to manage and interface with other officers in line Ministries.
- Risk management capabilities and analytical skills
- Decisiveness, influence and persuasiveness.
- Emotional resilience and the abilities to overcome challenges.
Applications on relevant forms, G 104 for Serving Officers and GP 103 for job Seekers (first appointment) accompanied by duly certified copies of Educational Certificates, Transcripts, CVs, and National Identity Card (ID) should be hand delivered to:
The Human Resources Office
OFFICE OF THE PRIME MINISTER
Qhobosheaneng, Government Complex
KINGSWAY ROAD
NOT LATER THAN FRIDAY, 24TH NOVEMBER 2023