The recovery from the pandemic has been set back by the impact of the war in Ukraine and the medium term outlook remains challenging.Successive external shocks have contributed towards mixed performance...
The International Monetary Fund has warned that Sierra Leone and other emerging countries will likely record greater losses due to their less access to vaccines and smaller pandemic-support packages. In...
The International Monetary Fund (IMF) has warned Sierra Leone and other African countries of the possibility hunger-related social unrests ahead, as a direct consequence of Russia’s invasion of Ukraine. This...
The International Monetary Fund (IMF) has approved a $45 billion trust fund to help low and vulnerable middle-income countries build resilience and sustainability. Sierra Leone is among lower-middle-income...
Sierra Leone and 72 other countries are at high risk of debt distress or already in debt distress, according to a new report by the International Monetary Fund. The report, titled “Restructuring debt...
It was a pleasure to today receive the visiting IMF Delegation led by Mission Chief Sukhwinder Singh and IMF Country Representative Monique Newiak. Recognizing that Freetown accounts for 30% of Sierra...
The International Monetary Fund says the high public debt level of Sierra Leone and other Sub-Saharan African countries is worsening inflation in the various countries. The IMF disclosed this in a blogpost...
The Ministry of Finance says Sierra Leone’s total public debt was estimated at Le33.0 trillion (US$3.1 billion) by the end of June 2021 from Le28.5 trillion (US$3.0 billion) at the end of June 2020. It...
The International Monetary Fund says countries that have very close economic links with Ukraine and Russia are at particular risk of scarcity and supply disruptions. It added that poor households across...
The International Monetary Fund (IMF) has approved a fifth portion of COVID-19 relief service for Sierra Leone. The Sierra Leone's two year IMF COVID-19 debt has now reached $58 million with four debt...
