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

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

November 22, 2013

Electronic Access:

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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:

English

Publication Date:

November 22, 2013

ISBN/ISSN:

9781475513998/1934-7685

Stock No:

1SLEEA2013001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

144

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