The Road Fund Lesotho was established under the Finance Act of 1995 and is responsible for financing the maintenance of the country’s road network. The Fund mobilizes revenue from road user charges, including fuel levies, vehicle license fees, and road tolls. It works closely with implementing agencies like the Roads Directorate and local authorities to maintain and improve road infrastructure.
The mission of Road Fund Lesotho is to ensure sustainable road financing and contribute to the provision of safe, reliable, and accessible roads. The Fund aims to preserve existing roads, support socio-economic development, and reduce transportation costs through effective resource allocation and transparent management practices. It is a key player in enhancing Lesotho’s connectivity and integration with the regional transport network.