## Sierra Leone: Selected Issues

_IMF Staff Country Reports, July 29, 2022_

## Source details

**Canonical URL:** [Sierra Leone: Selected Issues](https://www.imf.org/en/publications/cr/issues/2022/07/29/sierra-leone-selected-issues-521572)

## Other formats

- [Markdown version](/en/publications/cr/issues/2022/07/29/sierra-leone-selected-issues-521572/index.md)
- [Structured JSON version](/en/publications/cr/issues/2022/07/29/sierra-leone-selected-issues-521572/index.json)
- [Bundle manifest](/en/publications/cr/issues/2022/07/29/sierra-leone-selected-issues-521572/bundle-manifest.json)

## Bibliographic details
- Published: July 29, 2022
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400216176.002

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### Main focus and framing
- The paper focuses on mainstreaming adaptation in Sierra Leone.
- Emphasizes the strong linkage between climate vulnerability and development, requiring adaptation to be integrated into the national development agenda.
- Highlights macro vulnerability that requires fiscal policies to balance climate actions and debt sustainability.

### Key findings
- Climate-related shocks have caused heavy casualties and economic losses, underlining the importance of investing in adaptation for infrastructure to reduce vulnerability.
- Enhancing capacity to tap into external grants is critical to fulfill climate commitments while maintaining debt sustainability.
- Macro-fiscal policies would benefit from being supported by frameworks that link climate risks to debt sustainability analysis.
- Gradually adapting existing Personal Financial Management (PFM) practices to integrate climate targets within and beyond the budget cycle will help mainstream adaptation and prioritize climate projects.

### Policy recommendations
- Calibrate climate costs and adaptation benefits and integrate adaptation into fiscal policies.
- Enhance capacity to access external grants to finance climate commitments without jeopardizing debt sustainability.
- Develop frameworks that explicitly link climate risks to debt sustainability analysis to inform macro-fiscal policy choices.
- Implement Green PFM reforms to adapt existing PFM practices, integrate climate targets within and beyond the budget cycle, and prioritize climate spending.

### Subject areas and keywords (as listed)
- Subject: Asset and liability management, Education, Environment, International organization, Labor, Monetary policy, Prices
- Keywords: Africa, baseline debt anchor, Central Africa, Climate change, climate commitment, debt anchor, Debt limits, Education policy, financing mix, Global, Human capital, Inflation, inflation driver, model description, panel data regression, Sub-Saharan Africa, West Africa

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## Content in this bundle

- **Sierra Leone:  Selected Issues; IMF Country Report No. 22/260; June 13, 2022**
  - [Sierra Leone:  Selected Issues; IMF Country Report No. 22/260; June 13, 2022 (Markdown version)](/-/media/files/publications/cr/2022/english/1sleea2022002.pdf.md){rel="alternate" type="text/markdown"}
  - [Sierra Leone:  Selected Issues; IMF Country Report No. 22/260; June 13, 2022 (PDF)](/-/media/files/publications/cr/2022/english/1sleea2022002.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2022/07/29/sierra-leone-selected-issues-521572_