Sierra Leone: Ex Post Assessment of Longer-Term Program Engagement

International Monetary Fund

No 2010/371, IMF Staff Country Reports from International Monetary Fund

Abstract: The political and security focus has shifted from post-conflict needs to consolidating gains on peace and stability. Macroeconomic stability has been re-established, and debt relief has improved the debt sustainability outlook. This enabled a gradual switch in policy priorities toward creating an enabling environment for sustained growth. Continued attention to capacity-building is needed. The key fiscal objective is to improve revenue collection to create fiscal space for expanding priority spending. The parsimonious use of structural conditionality should continue, and collaboration with budget support donors should be further strengthened.

Keywords: ISCR; CR; revenue; budget support donor; fund; external shock; revenue collection; nominal exchange rate; IMF review mission; frontloaded revenue target; IMF assessment; Budget planning and preparation; International reserves; Macro-fiscal framework; Civil service reform; Global (search for similar items in EconPapers)
Pages: 31
Date: 2010-12-20
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