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

Author: International Monetary Fund

Volume/Issue: Volume 2005 Issue 192

Publication date: June 2005

ISBN: 9781451834512

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Topics covered in this book

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Exports and Imports , Public Finance , ISCR , CR , private sector , exchange rate , balance of payments , debt relief , central bank , financial support , PRGF program , current account , ESAF program , government control , governance research indicator country snapshot , policy implementation capacity , Emergency assistance , Current account balance , Government debt management , Sub-Saharan Africa

Also of interest

Nepal

Peru

Grenada

Republic of Congo : 2001 Article IV

Summary

This paper presents an Ex Post Assessment of Longer-Term Program Engagement for Sierra Leone. Sierra Leone has had almost continuous involvement with IMF programs since 1994 under a variety of arrangements. All the IMF-supported programs in Sierra Leone during 1994–2004 had the same overarching aim of raising long-term growth and reducing poverty. Their near-term objectives, however, varied with existing circumstances. Each of the programs emphasized disciplined macroeconomic policies and structural reforms. Performance relative to program objectives improved over time and was the strongest under the Poverty Reduction and Growth Facility.