Sierra Leone (Picture by Caravaggio971)
Sierra Leone Resident Representative Site
Resident Representative Office in Sierra Leone
June 1, 2009
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 membership: 185 countries
- Sierra Leone joined the Fund in September 10, 1962; Article VIII
- Total Quotas: 103.70 Million (As of October 31, 2008)
- Loans outstanding: PRGF Arrangements SDR 27.51 Million
- Last Article IV Consultation: The last Article IV Executive Board Consultation was on December 22, 2008. (Country Report No. 09/02, January 12, 2009)
News and Highlights
Sierra Leone and the International Monetary Fund-the Poverty Reduction and Growth Facility 2006–2010
IMF Survey: Sound Policies, Support Can Help Africa Ride Crisis
The World Must Not Forget Africa During This Crisis
A Commentary by Dominique Strauss-Khan, Managing Director, International Monetary Fund 
Sierra Leone and The IMF
Press Release: Statement at the Conclusion of an IMF Staff Mission to Sierra Leone
Sierra Leone: Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for Waivers of Nonobservance of Performance Criteria, Modification of Performance Criteria, Augmentation of Access, and Financing Assurances Review - Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Sierra Leone
July 20,2009
Series: Country Report No. 09/215 
Sierra Leone -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, June 04, 2009
June 25,2009
PDF File Size: 376Kb 
Press Release: IMF Executive Board Completes Fourth Review Under PRGF Arrangement for Sierra Leone, Approves Increase in Financial Support and US$18.8 Million Disbursement
Press Release: Statement by the IMF Staff Mission to the Republic of Sierra Leone
Regional Economic Outlook for Sub-Saharan Africa
Sub-Saharan Africa has been hit hard by the global recession, but signs of resilience remain. While South Africa and some other middle-income countries were caught in the turbulence of international financial markets, and oil exporters saw government revenues plunge, some countries with wider commodity bases have so far escaped the worst of the crisis. Also, and reassuringly, with stronger initial fiscal and external positions than in past downturns, most countries in the region have been able to partially absorb external shocks by allowing fiscal deficits to rise and reducing interest rates. Exchange rates have generally been allowed to adjust. With many families affected by the crisis, however, progress toward the Millennium Development Goals has receded. Looking ahead, fiscal policy must balance support for the recovery with enhancing future growth prospects, debt sustainability, and poverty reduction. Published biannually in May and October.






