IMF Staff Country Reports

Sierra Leone: Ex Post Assessment of Longer-Term Program Engagement

Publication Date:

December 20, 2010

Electronic Access:

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Summary:

The political and security focus has shifted from post-conflict needs to consolidating gains on peace and stability. Macroeconomic stability has been re-established, and debt relief has improved the debt sustainability outlook. This enabled a gradual switch in policy priorities toward creating an enabling environment for sustained growth. Continued attention to capacity-building is needed. The key fiscal objective is to improve revenue collection to create fiscal space for expanding priority spending. The parsimonious use of structural conditionality should continue, and collaboration with budget support donors should be further strengthened.

Series:

Country Report No. 2010/371

Subject:

Budget planning and preparation Central banks Civil service reform Expenditure Fiscal policy International reserves Labor Macro-fiscal framework Public financial management (PFM)