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The Minister of Finance, Sheku Ahmed Fantamadi Bangura, actively participated in the 2026 African Consultative Group Meeting, a key forum that brings together African finance leaders and international financial institutions to discuss pressing economic issues.
During the high-level session, Minister Bangura contributed to deliberations on macroeconomic stability, debt sustainability, and the effects of global economic shocks on African economies. He underscored Sierra Leone’s strides in fiscal consolidation, efforts to curb inflation, and measures aimed at maintaining exchange rate stability.
The Finance Minister noted that while progress has been recorded, sustained international support remains critical to consolidating these gains and ensuring long-term economic resilience.
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The meeting also served as a platform for African countries to present a unified position on major development priorities. Central among these were increased access to concessional financing, strengthened climate resilience, and the promotion of inclusive economic growth across the continent.
Reaffirming the government’s stance, Minister Bangura reiterated Sierra Leone’s commitment to prudent economic management and continued collaboration with global partners to advance national development objectives.
Sierra Leone’s economy is projected to grow by 0.1 percent from last year. Last year, the West African nation recorded a 4.5 percent growth and this year it is project at 4.6, marking a steady growth. The government has also made major strides in controlling inflation with at least a 7.5 percent range.
