Sierra Leone: Fifth Review Under the Arrangement Under the Poverty Reduction and Growth Facility, Request for Waiver of Nonobservance of Performance Criterion, Request for Modification of Performance Criteria, and Financing Assurances Review
January 14, 2010
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This paper discusses key findings of the Fifth Review Under the Poverty Reduction and Growth Facility Arrangement for Sierra Leone. Program performance in the first half of 2009 was satisfactory. All end-June quantitative performance criteria were met, as were all end-June structural benchmarks, although one with a delay. One of the two structural benchmarks for September 2009 was met, while the other was missed. Fiscal policy for the remainder of 2009 will aim to keep domestic revenue collection on track while containing unanticipated spending pressures.
Subject: Central banks, Debt sustainability analysis, External debt, Foreign exchange, Imports, International reserves, International trade, Public debt
Keywords: CR, debt, Debt sustainability analysis, disbursement of SDR, Global, growth facility, Imports, International reserves, ISCR, PRGF arrangement, request, request for modification of performance criteria, spending pressure
Pages:
75
Volume:
2010
DOI:
Issue:
015
Series:
Country Report No. 2010/015
Stock No:
1SLEEA2010001
ISBN:
9781451834673
ISSN:
1934-7685
