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
- Current IMF membership: 190 countries
- Sierra Leone joined the Fund in September 10, 1962. (Article VIII)
- Total quotas: SDR 207.4 million
- Outstanding loans and purchases: (SDR) 360.72 million (March 31, 2023)
- Last Article IV Consultation: The last Article IV Executive Board Consultation was on June 27, 2022. (Country Report No. 2022/259, July 29, 2022)
Office Activities
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Blog post done by IMF's FDMD's, David Lipton, after his visit to Sierra Leone and Niger.
February 26, 2020
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Politico SL reports on IMF's FDMD's visit to Sierra Leone
The interview: IMF’s number 2 man talks on Sierra Leone’s economy
January 31, 2020
Sierra Leone and the IMF
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June 21, 2023
Series:Country Report No. 2023/214
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June 5, 2023
The Executive Board of the International Monetary Fund (IMF) completed the Sixth and Seventh Reviews of Sierra Leone’s Extended Credit Facility (ECF) arrangement, and approved the authorities’ request for a rephasing, and extension of the ECF Arrangement by five months to November 29, 2023. The completion of the reviews enables the immediate disbursement of SDR 15.555 million (about US$20.7 million). This brings the total disbursements under the ECF Arrangement to SDR 108.89 million (about US$144.6 million).
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May 4, 2023
IMF Staff Reaches Staff-Level Agreement with Sierra Leone on the Sixth and Seventh Reviews of the Extended Credit Facility
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Economic Growth in Sub-Saharan Africa Could Permanently Decline if Geopolitical Tensions Escalate
May 1, 2023
Countries will need to build resilience to manage the inevitable shifts in trade and foreign direct investment.
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IMF Staff Completes Mission to the Republic of Sierra Leone
December 12, 2022
IMF Staff Completes Mission to the Republic of Sierra Leone
Regional Economic Outlook for Sub-Saharan Africa
April 14, 2023
Growth in sub-Saharan Africa will decline to 3.6 percent this year. Amid a global slowdown, activity is expected to decelerate for a second year in a row. Still, this headline figure masks significant variation across the region. The funding squeeze will also impact the region’s longer-term outlook. A shortage of funding may force countries to reduce resources for critical development sectors like health, education, and infrastructure, weakening the region’s growth potential.Read the Report
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.