Sierra Leone: Request for a Three–Year Arrangement Under the Poverty Reduction and Growth Facility

International Monetary Fund

No 2006/183, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses Sierra Leone’s Request for a Three-Year Arrangement under the Poverty Reduction and Growth Facility (PRGF). Sierra Leone has made considerable progress during the last PRGF-supported program toward macroeconomic stability. Macroeconomic performance was generally strong, and structural reforms sought to establish a foundation for sound public finances and the effective conduct of macroeconomic policies. There were slippages in fiscal performance in 2005, but the government took corrective actions during the last quarter of the year to bring performance in line with the budget.

Keywords: ISCR; CR; GDP; disbursement; PRGF arrangement; PRGF loan; inflation; Sierra Leonean authorities; anti-corruption effort; PRGF-supported program; Poverty reduction strategy; Total expenditures; Debt relief; Sub-Saharan Africa; West Africa (search for similar items in EconPapers)
Pages: 121
Date: 2006-05-24
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