{
  "title": "Sierra Leone: 2024 Article IV Consultation and Request for a 38-Month Arrangement Under the Extended Credit Facility-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Sierra Leone",
  "publication": "IMF Staff Country Reports, November 22, 2024",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2024/11/22/sierra-leone-2024-article-iv-consultation-and-request-for-a-38-month-arrangement-under-the-558772",
  "canonical": "https://www.imf.org/en/publications/cr/issues/2024/11/22/sierra-leone-2024-article-iv-consultation-and-request-for-a-38-month-arrangement-under-the-558772",
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  "summary": "This paper presents Sierra Leone’s 2024 Article IV Consultation and Request for a 38-Month Arrangement under the Extended Credit Facility (ECF).",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Presents Sierra Leone’s 2024 Article IV Consultation and Request for a 38-Month Arrangement under the Extended Credit Facility (ECF).\n- The ECF-supported program aims to restore stability, support inclusive growth, confront corruption, and strengthen governance, institutions, and the rule of law.\n- The new ECF arrangement integrates with the National Development Plan 2024–30."
    },
    {
      "heading": "Program objectives and pillars",
      "content": "- Restore macroeconomic stability by:\n  - Bolstering debt sustainability.\n  - Addressing fiscal dominance.\n  - Bringing down inflation.\n  - Rebuilding reserves.\n- Support inclusive growth through:\n  - Reforms and targeted social spending.\n  - Promoting gender equality.\n  - Building a strong social safety net.\n- Strengthen governance, institutions, and the rule of law, and confront corruption."
    },
    {
      "heading": "Fiscal policy measures (as described)",
      "content": "- Tighten fiscal policy through:\n  - Enhancing revenue mobilization.\n  - Boosting spending efficiency.\n  - Strengthening public financial management and debt management."
    },
    {
      "heading": "Monetary and financial sector measures",
      "content": "- Maintain appropriately tight monetary policy.\n- Maintain a flexible exchange rate.\n- Strengthen financial sector oversight and regulation.\n- Build a strong financial safety net."
    },
    {
      "heading": "Structural and institutional reforms",
      "content": "- Promote gender equality.\n- Strengthen customs administration.\n- Build a strong social safety net.\n- Bolster governance, institutions, and the rule of law.\n- Confront corruption."
    },
    {
      "heading": "Key statistics and publication metadata",
      "content": "- Publication date: November 22, 2024\n- Pages: 161\n- Volume: 2024\n- Issue: 321\n- Series: Country Report No. 2024/321\n- DOI: https://doi.org/10.5089/9798400295829.002\n- Stock No: 1SLEEA2024001\n- ISBN: 9798400295829\n- ISSN: 1934-7685\n- Subjects: Arrears, Budget planning and preparation, External debt, Public debt, Public financial management (PFM)\n- Keywords: Africa, Arrears, BSL rate, Budget planning and preparation, cabinet minute, Global, IMF staff representative, review of bank, staff appraisal\n\nSource: Sierra Leone: 2024 Article IV Consultation and Request for a 38-Month Arrangement Under the Extended Credit Facility-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Sierra Leone, November 22, 2024.\n\n---\n\n Content in this bundle\n\n- 1sleea2024001 Print Pdf\n  - 1sleea2024001 Print Pdf (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1sleea2024001 Print Pdf (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: November 22, 2024",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9798400295829.002",
    "Presents Sierra Leone’s 2024 Article IV Consultation and Request for a 38-Month Arrangement under the Extended Credit Facility (ECF).",
    "The ECF-supported program aims to restore stability, support inclusive growth, confront corruption, and strengthen governance, institutions, and the rule of law.",
    "The new ECF arrangement integrates with the National Development Plan 2024–30.",
    "Restore macroeconomic stability by:",
    "Support inclusive growth through:",
    "Strengthen governance, institutions, and the rule of law, and confront corruption.",
    "Tighten fiscal policy through:",
    "Maintain appropriately tight monetary policy.",
    "Maintain a flexible exchange rate.",
    "Strengthen financial sector oversight and regulation.",
    "Build a strong financial safety net.",
    "Promote gender equality.",
    "Strengthen customs administration.",
    "Build a strong social safety net.",
    "Bolster governance, institutions, and the rule of law.",
    "Confront corruption.",
    "Publication date: November 22, 2024",
    "Pages: 161",
    "Volume: 2024",
    "Issue: 321",
    "Series: Country Report No. 2024/321",
    "DOI: https://doi.org/10.5089/9798400295829.002",
    "Stock No: 1SLEEA2024001",
    "ISBN: 9798400295829",
    "ISSN: 1934-7685",
    "Subjects: Arrears, Budget planning and preparation, External debt, Public debt, Public financial management (PFM)",
    "Keywords: Africa, Arrears, BSL rate, Budget planning and preparation, cabinet minute, Global, IMF staff representative, review of bank, staff appraisal",
    "**1sleea2024001 Print Pdf**"
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