Sierra Leone: 2013 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility

Publication Date: November 22, 2013
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Summary: This 2013 Article IV Consultation highlights that Sierra Leone has made significant progress in macroeconomic stabilization over the last five years. Real GDP growth averaged some 7 percent, driven by output expansion in agriculture, mining, and services; as well as the scaling-up of infrastructure investment. Nonetheless, important impediments to broad-based growth remain, including large infrastructure gaps, insufficient energy supply, and limited access to safe water and sanitation. Medium-term prospects are positive. Growth is projected to remain robust, mainly driven by iron ore production and continued high public investment; while inflation is expected to decline further as monetary and fiscal policies remain prudent.
Series: Country Report No. 13/330
Subject(s): Article IV consultation reports | Economic growth | Fiscal policy | Public investment | Infrastructure | Fiscal reforms | Monetary policy | Economic indicators | Debt sustainability analysis | Extended Credit Facility | Extended arrangement requests | Staff Reports | Press releases | Sierra Leone

Publication Date: November 22, 2013
ISBN/ISSN: 9781475513998/1934-7685 Format: Paper
Stock No: 1SLEEA2013001 Pages: 144
US$18.00 (Academic Rate:
US$18.00 )
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