Sierra Leone : Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Financing Assurances Review, and Request for Waivers of Nonobservance of Performance Criterion, Extension of the Arrangement, and Rephasing of Disbursements-Staff Report; Staff Supplement and Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Sierra Leone

Author/Editor:

International Monetary Fund

Publication Date:

July 25, 2008

Electronic Access:

Free Full text (PDF file size is 1039 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper discusses key findings of the Second Review Under the Poverty Reduction and Growth Facility (PRGF) program for Sierra Leone. Performance under the IMF-supported program was mixed. Output growth was strong at 6.8 percent and broad-based, but key fiscal revenue and spending objectives were missed, and progress on the structural reform front was slow. The authorities’ program for 2008 aims to mobilize more domestic revenue; reorient public spending to infrastructure projects and poverty-reducing programs; prevent rapid accumulation of public debt; and accelerate implementation of structural reforms.

Series:

Country Report No. 08/249

Subject:

English

Publication Date:

July 25, 2008

ISBN/ISSN:

9781451834611/1934-7685

Stock No:

1SLEEA2008001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

82

Please address any questions about this title to publications@imf.org