Sierra Leone: Recent Economic Developments
July 16, 1997
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This paper reviews economic developments in Sierra Leone during 1994–96. The disruption to agriculture at the start of the rebel war precipitated negative growth in 1991/92 and 1992/93. The relatively peaceful conditions that prevailed in 1993/94 brought a rebound in agriculture as well as in diamond mining activities. As a result, real GDP grew by an estimated 5 percent. The turnaround was cut short in 1994/95 with the escalation of rebel attacks and amid closure of rutile and bauxite mining operations.
Subject: Agricultural commodities, Commercial banks, Commodities, Expenditure, Exports, Financial institutions, Income and capital gains taxes, International trade, Taxes
Keywords: ad valorem tax, Agricultural commodities, broad money, Commercial banks, CR, customs duty, exchange rate, Exports, Income and capital gains taxes, income tax, ISCR, sales tax, Sierra Leonean authorities, Sub-Saharan Africa, tax rate, treasury bill, West Africa
Pages:
71
Volume:
1997
DOI:
Issue:
047
Series:
Country Report No. 1997/047
Stock No:
1SLEEA0011997
ISBN:
9781451834444
ISSN:
1934-7685
