The government has observed the quantitative performance criteria (PC) on gross international reserves (GIR) and Central Bank net domestic assets (NDA) and the continuous PCs on external arrears and debt. Based...
The government has acknowledged that there were large fiscal risks posed by Electricity Distribution and Supply Authority EDSA and that projected payments to Karpower under the new contract amount to US$70...
Sierra Leone is listed among the 34 heavily indebted African countries, according to the World Bank and the International Monetary Fund (IMF). Of the 39 countries World Bank and IMF listed with heavy...
Eighty-Seven (87) per cent of the International Monetary Fund’s (IMF) COVID-19 loans are requiring Sierra Leone and other developing countries that have been denied equal access to vaccines and are facing...
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...
