This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Sierra Leone and the IMF. Additional information can be found on Sierra Leone and IMF country page, including official IMF reports and Executive Board documents in English that deal with Sierra Leone.
At a Glance
- Current IMF membership: 191 countries
- Sierra Leone joined the Fund in September 10, 1962. (Article VIII)
- Total quotas: SDR 207.4 million
- Outstanding loans and purchases: (SDR) 360.72 million (March 31, 2023)
- Last Article IV Consultation: The last Article IV Executive Board Consultation was on June 27, 2022. (Country Report No. 2022/259, July 29, 2022)
Office Activities
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Blog post done by IMF's FDMD's, David Lipton, after his visit to Sierra Leone and Niger.
February 26, 2020
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Politico SL reports on IMF's FDMD's visit to Sierra Leone
The interview: IMF’s number 2 man talks on Sierra Leone’s economy
January 31, 2020
Sierra Leone and the IMF
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October 31, 2024
The Executive Board of the International Monetary Fund (IMF) today concluded the 2024 Article IV consultation with Sierra Leone and approved a 38-month arrangement under the Extended Credit Facility (ECF), in the amount of SDR 186.663 million (about US$248.48 million).
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Transcript of Press Briefing: Sub-Saharan Africa Regional Economic Outlook, October 2024
October 25, 2024
Economic growth in Sub-Saharan Africa remains subdued, particularly in per capita terms. We are projecting growth this year at around 3.6 percent, the same as last year, with some signs that it is beginning to accelerate, and we're projecting that it will reach around 4.2 percent next year.
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Transcript of IMF Press Briefing
October 3, 2024
MS. KOZACK: Good morning, everyone. It is great to see you all here in person and online. Welcome to this IMF Press Briefing. I am Julie Kozack, Director of the Communications Department. As usual, this briefing is embargoed until 11:00 a.m. Eastern Time in the United States. I will start with some announcements and then take your questions in person on Webex and via the Press Center.
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September 20, 2024
IMF Reaches Staff-Level Agreement on a New 38-Month Extended Credit Facility Arrangement with Sierra Leone and Completes 2024 Article IV Mission
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Sierra Leone: Climate Module of the Public Investment Management Assessment
August 2, 2024
Author/Editor:Bryn Battersby | Isabela F Duarte
Series:High Level Summary Technical Assistance Report No. 2024/028
Regional Economic Outlook for Sub-Saharan Africa
October 25, 2024
Sub-Saharan African countries are implementing difficult and much needed reforms to restore macroeconomic stability, and while overall imbalances have started to narrow, the picture is varied. Policymakers face three main hurdles. First, regional growth, at a projected 3.6 percent in 2024, is generally subdued and uneven, although it is expected to recover modestly next year to 4.2 percent. Second, financing conditions continue to be tight. Third, the complex interplay of poverty, scarce opportunities, and weak governance--compounded by a higher cost of living and short-term hardships linked to macroeconomic adjustment--are fueling social frustration. Within this environment, policymakers face a difficult balancing act in striving for macroeconomic stability while also working to address development needs and ensure that reforms are socially and politically acceptable. Protecting the most vulnerable from the costs of adjustment and realizing reforms that create sufficient jobs will be critical to mobilize public support.
Read the Report
Departmental Papers on Africa
