Sierra Leone: Poverty Reduction and Growth Strategy

International Monetary Fund

No 2024/323, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: government ministry; Medium-Term National Development Plan; government of Sierra Leone; Sierra Leone economy; Development secretary Mr. Peter Sam-Kpakra; Public sector; Global; Africa; West Africa; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 209
Date: 2024-11-22
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