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...
The United Nations has noted the steep rise in prices of food stuff in Africa. No less a person but the Secretary General Antonio Gueterres has raised the alarm bell. In a tweet the UN Secretary General...
The Managing Director of International Monetary Fund (IMF) has commended Sierra Leone for its strides in governance and economic developments. Following a meeting with President Bio in Washington, the...
Sierra Leone’s capacity to repay the International Monetary Fund (IMF) is constrained and full program implementation is key to improve it. This the Fund says is due to an increase in debt service...
The Executive Board of the International Monetary Fund (IMF) says it has completed the third and fourth reviews of Sierra Leone’s performance under the program supported by an Extended Credit Facility...
