IMF Staff Country Reports

Sierra Leone: Poverty Reduction and Growth Strategy

November 22, 2024

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Format: Chicago

International Monetary Fund. African Dept. "Sierra Leone: Poverty Reduction and Growth Strategy", IMF Staff Country Reports 2024, 323 (2024), accessed 11/10/2025, https://doi.org/10.5089/9798400295935.002

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Summary

This paper highlights Sierra Leone’s Poverty Reduction and Growth Strategy. The Government of Sierra Leone (GoSL) has launched a new Medium-Term National Development Plan (MTNDP). Crucial lessons have been learned in the implementation of the previous plan 2019-2023 that are important for the current acceleration and transformative plan to deliver a resilient and robust economy for Sierra Leone by 2030. Accordingly, five national goals for 2030 have been identified to accelerate efforts toward achieving the country’s vision of becoming an inclusive and green middle-income country by 2039. One of the goals is to create 500,000 jobs for the youth (with at least a 30% representation of women), including skilled and unskilled, long term, as well as seasonal jobs across all sectors by 2030 (directly related to Big 5.3). While the agriculture industry experienced modest growth, its reliance on the domestic market has impeded the ability to expand agricultural exports.

Subject: Economic sectors, Education, Health, Population and demographics, Public sector

Keywords: Africa, Development secretary Mr. Peter Sam-Kpakra, Global, government ministry, government of Sierra Leone, Medium-Term National Development Plan, Public sector, Sierra Leone economy, Sub-Saharan Africa, West Africa