{
  "title": "Sierra Leone: Request for a Three-Year Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Sierra Leone",
  "publication": "IMF Staff Country Reports, June 22, 2017",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2017/06/22/sierra-leone-request-for-a-three-year-arrangement-under-the-extended-credit-facility-press-44986",
  "canonical": "https://www.imf.org/en/publications/cr/issues/2017/06/22/sierra-leone-request-for-a-three-year-arrangement-under-the-extended-credit-facility-press-44986",
  "overlayPath": "/en/publications/cr/issues/2017/06/22/sierra-leone-request-for-a-three-year-arrangement-under-the-extended-credit-facility-press-44986/index.md",
  "summary": "This paper discusses Sierra Leone’s Request for a Three-Year Arrangement under the Extended Credit Facility (ECF). In the near term, this ECF is expected to support important but difficult policies: ending routine foreign exchange auctions and eliminating numerous tax and duty exemptions while increasing infrastructure spending and bolstering the social safety net. The ECF will also catalyze maintenance of external support. In the medium term, the proposed arrangement will provide the framework for structural progress on revenue mobilization, public financial management and financial sector reforms, and increased reserves. The IMF staff supports the authorities’ request for the new ECF.",
  "publishDate": "2017-06-22",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Publication date: June 22, 2017\n- This paper discusses Sierra Leone’s Request for a Three-Year Arrangement under the Extended Credit Facility (ECF).\n- The IMF staff supports the authorities’ request for the new ECF."
    },
    {
      "heading": "Near-term policies supported by the ECF",
      "content": "- Ending routine foreign exchange auctions.\n- Eliminating numerous tax and duty exemptions.\n- Increasing infrastructure spending.\n- Bolstering the social safety net.\n- Catalyzing maintenance of external support."
    },
    {
      "heading": "Medium-term framework and reforms",
      "content": "- Provide the framework for structural progress on:\n  - Revenue mobilization.\n  - Public financial management and financial sector reforms.\n  - Increased reserves."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Budget planning and preparation, Expenditure, External debt, Public and publicly-guaranteed external debt, Public debt, Public financial management (PFM)\n- Keywords: authorities' effort, authority, Budget planning and preparation, CR, ECF arrangement, ECF program, Global, IMF Deputy managing director Mr. Tao Zhang, ISCR, Public and publicly-guaranteed external debt, Sierra Leonean authorities\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2017/06/22/sierra-leone-request-for-a-three-year-arrangement-under-the-extended-credit-facility-press-44986"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/cr/issues/2017/06/22/sierra-leone-request-for-a-three-year-arrangement-under-the-extended-credit-facility-press-44986/index.md)",
    "[Structured JSON version](/en/publications/cr/issues/2017/06/22/sierra-leone-request-for-a-three-year-arrangement-under-the-extended-credit-facility-press-44986/index.json)",
    "[Bundle manifest](/en/publications/cr/issues/2017/06/22/sierra-leone-request-for-a-three-year-arrangement-under-the-extended-credit-facility-press-44986/bundle-manifest.json)",
    "Published: June 22, 2017",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484303832.002",
    "Publication date: June 22, 2017",
    "This paper discusses Sierra Leone’s Request for a Three-Year Arrangement under the Extended Credit Facility (ECF).",
    "The IMF staff supports the authorities’ request for the new ECF.",
    "Ending routine foreign exchange auctions.",
    "Eliminating numerous tax and duty exemptions.",
    "Increasing infrastructure spending.",
    "Bolstering the social safety net.",
    "Catalyzing maintenance of external support.",
    "Provide the framework for structural progress on:",
    "Subject: Budget planning and preparation, Expenditure, External debt, Public and publicly-guaranteed external debt, Public debt, Public financial management (PFM)",
    "Keywords: authorities' effort, authority, Budget planning and preparation, CR, ECF arrangement, ECF program, Global, IMF Deputy managing director Mr. Tao Zhang, ISCR, Public and publicly-guaranteed external debt, Sierra Leonean authorities",
    "**Country Report**"
  ],
  "related": [
    {
      "title": "Country Report",
      "role": "report",
      "sourceUrl": "https://www.imf.org/-/media/files/publications/cr/2017/cr17154.pdf",
      "summary": {
        "path": "/-/media/files/publications/cr/2017/cr17154.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/files/publications/cr/2017/cr17154.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/cr/issues/2017/06/22/sierra-leone-request-for-a-three-year-arrangement-under-the-extended-credit-facility-press-44986/index.md",
    "json": "/en/publications/cr/issues/2017/06/22/sierra-leone-request-for-a-three-year-arrangement-under-the-extended-credit-facility-press-44986/index.json",
    "bundleManifest": "/en/publications/cr/issues/2017/06/22/sierra-leone-request-for-a-three-year-arrangement-under-the-extended-credit-facility-press-44986/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-23T11:46:54.050Z"
}