Sierra Leone Chief Minister David Moinina Sengeh has given hope to citizens due to the present economic situation in the country.
Sengeh made his assurance in a post on Twitter, Saturday 29th July 2023.
He admitted that things are hard globally but the government is doing its best to manage the situation in the country.
He said as a government, they will increase revenue, improve on grant acquisition and management, support trade, and private investment and make smarter expenditures.
Sierra Leone’s economy is facing worse times as livelihood for the ordinary citizen is challenging as prices of commodities keep skyrocketing almost on a daily basis.
The country’s President, Julius Maada Bio blamed the hardship on the protracted effect of the war in Ukraine.
Sierra Leone’s currency, the Leone is also ranked top five in Johns Hopkins’ Hancke Currency Watchlist for most devalued currencies in 2022.
Although the Leone has started picking up, experts say the growth is slower to cushion the effect of inflation.
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