Sierra Leone : Sixth Review Under the Arrangement Under the Extended Credit Facility, Request for Waiver for Nonobservance of a Performance Criterion, Request for a Three-Year Arrangement Under the Extended Credit Facility, and.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2010/176

IMF Staff Country Reports

Language:

English

Subjects (All):

Credit--Sierra Leone.

Credit.

Sierra Leone--Economic conditions.

Sierra Leone.

Physical Description:

1 online resource (69 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2010.

Summary:

The government of Sierra Leone is requesting a successor three-year Extended Credit Facility (ECF) arrangement to support their program to raise economic growth by increasing investment in infrastructure and developing an accessible financial sector. Fiscal policy in 2010 focuses on improving revenue collection to support capital spending while containing pressures on current expenditures. The global economic downturn slowed economic activity in 2009, but achieving single digit inflation remains a challenge. Fiscal policy performance during 2009 was broadly satisfactory. Monetary policy was expansionary toward the end of 2009.

Contents:

""Cover""; ""Contents""; ""Abbreviations and Acronyms""; ""Executive Summary""; ""I. Introduction""; ""II. Recent Economic Developments and Program Performance""; ""III. Policy Discussions""; ""A. Medium-Term Macroeconomic Framework""; ""B. Policies for 2010""; ""IV. Program Risks""; ""V. Program Modalities and Capacity To Repay The Fund""; ""VI. Staff Appraisal""; ""Boxes""; ""1. Recent Program Achievements and Lessons""; ""2. Financial Sector Reforms""; ""Figure""; ""1. Selected Macroeconomic Indicators, 2006�10""; ""Tables""; ""1. Selected Economic Indicators""

""2. Fiscal Operations of the Central Government (In billions of leone)""""3. Fiscal Operations of the Central Government (In percent of GDP)""; ""4. Monetary Accounts""; ""5. Balance of Payments""; ""6. Indicators of Capacity to Repay the Fund""; ""7. Proposed Schedule of Disbursements Under the New ECF Arrangement""; ""8. Millennium Development Goals""; ""9. Financial Soundness Indicators of the Banking System, 2005�09""; ""Appendices""; ""I. Letter of Intent""; ""Attachment I. Memorandum of Economic and Financial Policies""; ""Attachment II. Technical Memorandum of Understanding""

""Contents""""I. Relations with the Fund""; ""II. Joint World Bank-IMF Work Program, 2009�10""; ""III. Statistical Issues""

Notes:

"June 2010".

Description based on print version record.

ISBN:

9786612846946

9781462356362

1462356362

9781455222322

1455222321

9781282846944

1282846949

9781455203352

1455203351