This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Sierra Leone and the IMF. Additional information can be found on Sierra Leone and IMF country page, including official IMF reports and Executive Board documents in English that deal with Sierra Leone.
At A Glance: Sierra Leone's Relations with the IMF
- Current IMF membership: 189 countries
- Sierra Leone joined the Fund in September 10, 1962; Article VIII
- Total Quotas: 103.70 Million (As of November 30, 2015)
- Loans outstanding: ECF Arrangements SDR 182.64 Million
- Last Article IV Consultation: The last Article IV Executive Board Consultation was on December 6, 2010. (Country Report No. 10/370, December 20, 2010)
- IMF Response to The Ebola Crisis
News and Highlights
Frequently Asked Questions on the Catastrophe Containment and Relief Trust
February 5, 2015
History of Engagement--Economic Policy Advice, Technical Assistance, Balance of Payments Financing, and Catalytic Role for Budget Support; May 2013
June 7, 2013
February 28-March 2, 2013
June 7, 2013
IMF Executive Directors completed the second review under the Poverty Reduction and Growth Facility (PRGF) arrangement with Sierra Leone, extending the program, initially due to end in mid-2009, for another year. This note sketches the salient features of the current program between Sierra Leone and the International Monetary Fund
July 9, 2009
IMF Managing Director Dominique Strauss-Kahn says Africa will not be spared the consequences of the global crisis and that the significant gains many countries have made in recent years in the fight against poverty are now at risk
February 20, 2009
Sierra Leone and the IMF
March 28, 2017
January 24, 2017
December 22, 2016
Author/Editor: Mr. Emre Alper ; Mr. Niko A Hobdari ; Ali Uppal
Series: Working Paper No. 16/247
Sierra Leone : Sixth Review Under the Extended Credit Facility Arrangement, Financing Assurances Review and Request for Waiver for Nonobservance of Performance Criteria-Press Release; and Staff Report
December 22, 2016
Author/Editor: International Monetary Fund. African Dept.
Series: Country Report No. 16/378
December 6, 2016
Regional Economic Outlook for Sub-Saharan Africa
Economic growth in sub-Saharan Africa this year is set to drop to its lowest level in more than 20 years, reflecting the adverse external environment, and a lackluster policy response in many countries. However, the aggregate picture is one of multispeed growth: while most of non-resource-intensive countries—half of the countries in the region—continue to perform well, as they benefit from lower oil prices, an improved business environment, and continued strong infrastructure investment, most commodity exporters are under severe economic strains. This is particularly the case for oil exporters whose near-term prospects have worsened significantly in recent months. Sub-Saharan Africa remains a region of immense economic potential, but policy adjustment in the hardest-hit countries needs to be enacted promptly to allow for a growth rebound.
Departmental Papers on Africa
The Departmental African Paper Series covers research on Sub-Saharan Africa conducted by International Monetary Fund (IMF) staff, particularly on issues of broad regional or cross-country interest. The views expressed in these papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
IMF Opens Africa Training Institute in Mauritius
The International Monetary Fund (IMF) on June 26, 2014 opened the Africa Training Institute (ATI) in Ebene, Mauritius, adding an important regional center to a global network of centers helping to develop countries' policymaking capacity by transferring economic skills and best practices.