Sierra Leone: Third and Fourth Reviews Under the Extended Credit Facility Arrangement and Financing Assurances Review, Requests for Waivers for Nonobservance of Performance Criteria and Modification of Performance Criteria, and Requests for Rephasing and Augmentation of Access Under the Extended Credit Facility-Press Release; and Staff Report
November 24, 2015
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This paper discusses Sierra Leone’s Third and Fourth Reviews Under the Extended Credit Facility Arrangement and Financing Assurances Review, Requests for Waivers for Nonobservance of Performance Criteria (PC) and Modification of PC. Program implementation has been good, notwithstanding the shocks that the economy has experienced. Despite missing several end-2014 PCs, owing to the Ebola outbreak, authorities have placed policies back on track. All end-June 2015 PCs, as well as most structural benchmarks, have been observed. The IMF staff supports the authorities’ requests for waivers, as well as for additional financing from the IMF.
Subject: Balance of payments statistics, Banking, Budget planning and preparation, Commercial banks, Ebola, Expenditure, Financial institutions, Health, Public debt, Public financial management (PFM)
Keywords: Africa, BSL operation, Budget planning and preparation, Commercial banks, CR, debt service, disbursement of SDR, Ebola, exchange rate, Executive Board's discussion, financial asset, financing, Global, ISCR, SDR
Pages:
92
Volume:
2015
DOI:
Issue:
323
Series:
Country Report No. 2015/323
Stock No:
1SLEEA2015002
ISBN:
9781513595788
ISSN:
1934-7685
