Sierra Leone: Ex Post Assessment of Longer-Term Program Engagement
December 20, 2010
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.
Subject: Budget planning and preparation, Central Banks, Civil service reform, Expenditure, Fiscal policy, International reserves, Labor, Macro-fiscal framework, Public financial management (PFM)
Keywords: Budget planning and preparation, budget support donor, Civil service reform, CR, external shock, frontloaded revenue target, fund, Global, IMF assessment, IMF review mission, International reserves, ISCR, Macro-fiscal framework, nominal exchange rate, revenue, revenue collection
Pages:
31
Volume:
2010
DOI:
Issue:
371
Series:
Country Report No. 2010/371
Stock No:
1SLEEA2010004
ISBN:
9781455212927
ISSN:
1934-7685





