Sierra Leone’s economy is projected to grow at 3.7% on average during 2023–25, below its long-term trend. This scenario is predicated on sound domestic policies, including a tight monetary stance to combat inflation, and an equally conservative fiscal policy to decrease debt pressures and rebuild fiscal space. Headline inflation could moderate gradually to 14% and the fiscal deficit decline to 3.9% of GDP by 2025, according to the new World Bank Sierra Leone Economic Update launched today in Freetown. The report notes that risks to debt sustainability will remain elevated until fiscal balances improve further and the reliance on expensive and short-term domestic borrowings is addressed through the lengthening of maturities and greater access to concessional borrowing.
By Nasratu Kargbo Thirty thousand Children under the age of five are at risk of death due to inadequate nutrition, from October 2022 to August 2023, according to the World Bank’s Sierra Leone Economic Update (SLEU) 2023. The report which was launched on the 27th October 2023 explains that over three hundred thousand children under the age of five are stunted, whilst one
55% Sierra Leoneans going to bed hungry, as starvation stalks Maada Bio s Sierra Leone: World Bank alert – Cocorioko cocorioko.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cocorioko.net Daily Mail and Mail on Sunday newspapers.
Sierra Leone Requires Strict Policies for Economic Stability miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.