{
  "title": "Sierra Leone: Technical Assistance Report-Public Investment Management Assessment",
  "publication": "IMF Staff Country Reports, May 7, 2021",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2021/05/07/sierra-leone-technical-assistance-report-public-investment-management-assessment-50185",
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  "summary": "Sierra Leone has made significant strides to rebuild its public infrastructure after the devastating civil war, but the desperate infrastructure needs remain. At the end of the conflict in 2002, the country was left with virtually no infrastructure.",
  "sections": [
    {
      "heading": "Major findings",
      "content": "- Sierra Leone has made significant strides to rebuild its public infrastructure after the civil war, but desperate infrastructure needs remain.\n- At the end of the conflict in 2002, the country was left with virtually no infrastructure.\n- Redevelopment of public infrastructure was ignited by the mining boom, which started in the late 2000s.\n- Over the period 2008−18, public investment averaged 6.5 percent of gross domestic product (GDP).\n- The above public investment has translated into an estimated capital stock of about 65 percent in constant 2011 GDP.\n- The level of public investment is still lower than neighboring countries by about one percentage point.\n- The level of capital stock per capita is one of the lowest in the region, only slightly above that of Liberia.\n- Some districts still have no paved roads, no electricity, and no water systems, almost 20 years after the war."
    },
    {
      "heading": "Context and scope",
      "content": "- Timeframe emphasized: end of conflict in 2002; mining boom beginning in the late 2000s; public investment data over 2008−18.\n- Geographic comparators: neighboring countries; regional comparison with Liberia."
    },
    {
      "heading": "Thematic subjects covered",
      "content": "- Budget planning and preparation\n- Expenditure\n- Infrastructure\n- Monetary policy\n- National accounts\n- Public financial management (PFM)\n- Public investment and public-private partnerships (PPP)\n- Public investment spending"
    },
    {
      "heading": "Keywords (as provided)",
      "content": "- Budget planning and preparation\n- budget profile\n- capital project\n- efficiency frontier\n- Infrastructure\n- management institution\n- moped Public Investment Management Department\n- Public investment and public-private partnerships (PPP)\n- Public investment spending\n- Sub-Saharan Africa\n- West Africa\n\nInternational Monetary Fund. Fiscal Affairs Dept., \"Sierra Leone: Technical Assistance Report-Public Investment Management Assessment\", May 7, 2021.\n\n---\n\n Content in this bundle\n\n- Public Investment Management Assessment mission, December 4–17, 2019\n  - Public Investment Management Assessment mission, December 4–17, 2019 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Public Investment Management Assessment mission, December 4–17, 2019 (PDF){rel=\"external\" type=\"application/pdf\"}"
    }
  ],
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    "Published: May 7, 2021",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781513572963.002",
    "Sierra Leone has made significant strides to rebuild its public infrastructure after the civil war, but desperate infrastructure needs remain.",
    "At the end of the conflict in 2002, the country was left with virtually no infrastructure.",
    "Redevelopment of public infrastructure was ignited by the mining boom, which started in the late 2000s.",
    "Over the period 2008−18, public investment averaged 6.5 percent of gross domestic product (GDP).",
    "The above public investment has translated into an estimated capital stock of about 65 percent in constant 2011 GDP.",
    "The level of public investment is still lower than neighboring countries by about one percentage point.",
    "The level of capital stock per capita is one of the lowest in the region, only slightly above that of Liberia.",
    "Some districts still have no paved roads, no electricity, and no water systems, almost 20 years after the war.",
    "Timeframe emphasized: end of conflict in 2002; mining boom beginning in the late 2000s; public investment data over 2008−18.",
    "Geographic comparators: neighboring countries; regional comparison with Liberia.",
    "budget profile",
    "capital project",
    "efficiency frontier",
    "management institution",
    "moped Public Investment Management Department",
    "Sub-Saharan Africa",
    "West Africa",
    "**Public Investment Management Assessment mission, December 4–17, 2019**"
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