+232 76 258 258 info@vsltravel.com

IMF approves Sierra Leone for $96 million, three-year credit facility

The International Monetary Fund said on Monday it had approved Sierra Leone for a $96 million (59.5 million pounds), three-year enhanced credit facility to support economic development and poverty reduction in the West African nation.

“Sierra Leone has achieved strong macroeconomic gains,” said IMF Deputy Managing Director Min Zhu, citing robust growth, higher iron production, plus falling inflation thanks to tight monetary policy, a stable exchange rate and lower food prices.

https://uk.reuters.com/article/2013/10/21/uk-sierraleon-imf-idUKBRE99K1AU20131021