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 IMF membership: 189 countries
- Sierra Leone joined the Fund in September 10, 1962; Article VIII
- Total Quotas: 103.70 Million (As of November 30, 2015)
- Loans outstanding: ECF Arrangements SDR 182.64 Million
- Last Article IV Consultation: The last Article IV Executive Board Consultation was on December 6, 2010. (Country Report No. 10/370, December 20, 2010)
- IMF Response to The Ebola Crisis
News and Highlights
-
Statement by IMF Resident Representative Ms Iyabo Masha
The government of Sierra Leone’s Extended Credit Facility program with the IMF is ongoing, and government continues to meet its debt service obligations on both current and outstanding loans to the IMF.
January 31, 2018
-
IMF's Catastrophe Containment and Relief Trust
Frequently Asked Questions on the Catastrophe Containment and Relief Trust
February 5, 2015
-
February 28-March 2, 2013
June 7, 2013
-
History of Engagement--Economic Policy Advice, Technical Assistance, Balance of Payments Financing, and Catalytic Role for Budget Support; May 2013
June 7, 2013
-
Sierra Leone and the International Monetary Fund-the Poverty Reduction and Growth Facility 2006–2010
IMF Executive Directors completed the second review under the Poverty Reduction and Growth Facility (PRGF) arrangement with Sierra Leone, extending the program, initially due to end in mid-2009, for another year. This note sketches the salient features of the current program between Sierra Leone and the International Monetary Fund
July 9, 2009
Sierra Leone and the IMF
-
IMF Staff Completes Mission to Sierra Leone
October 2, 2018
-
Transcript of IMF Press Briefing
February 1, 2018
-
IMF Staff Completes Review Mission to Sierra Leone
September 29, 2017
-
Medium-Term Budget Frameworks in Sub-Saharan African Countries
September 11, 2017
Author/Editor:Richard Allen | Taz Chaponda | Lesley Fisher | Rohini Ray
Series:Working Paper No. 17/203 -
June 22, 2017
Author/Editor:International Monetary Fund. African Dept.
Series:Country Report No. 17/154
October 11, 2018
Capital Flows and The Future of Work
The macroeconomic outlook for sub-Saharan Africa continues to strengthen. Growth is expected to increase from 2.7 percent in 2017 to 3.1 percent in 2018, reflecting domestic policy adjustments and a supportive external environment, including continued steady growth in the global economy, higher commodity prices, and accommodative external financing conditions. While fiscal imbalances are being contained in many countries, the adjustment has typically occurred through a combination of higher commodity revenues and sharp cuts in capital spending, with little progress on domestic revenue mobilization. Over the medium term, and on current policies, growth is expected to accelerate to about 4 percent, too low to absorb the likely flow of new entrants into labor markets. The outlook is surrounded by significant downside risks, particularly considering the elevated policy uncertainty in the global economy. Shielding the recovery and raising medium-term growth would require reducing debt vulnerabilities and creating fiscal space through more progress on domestic revenue mobilization, and policies to achieve strong sustainable and inclusive growth.
Read the Report
Departmental Papers on Africa
IMF Opens Africa Training Institute in Mauritius
