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Sierra Leone: Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for Waivers of Nonobservance of Performance Criteria, Modification of Performance Criteria, Augmentation of Access, and Financing Assurances Review: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Sierra Leone

International Monetary Fund

No 2009/215, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper focuses on the Fourth Review for Sierra Leone under the Poverty Reduction and Growth Facility. Program performance in the second half of 2008 was mixed. Although economic activity slowed in the last quarter, real GDP grew at an estimated 5.5 percent for the year. A key challenge is to mobilize more domestic revenue by strengthening tax administration and broadening the tax base. The authorities are also moving to make the National Revenue Authority more efficient and raise taxpayer compliance.

Keywords: ISCR; CR; PRGF arrangement equivalent; authority; arrangement Poverty Reduction and Growth Facility; revenue collection; Sierra Leonean authority; disbursement of SDR; augmentation of Sierra Leone's access; Capital spending; Imports; Total expenditures; Global; Africa (search for similar items in EconPapers)
Pages: 66
Date: 2009-07-21
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