IMF’s $253 Million Lifeline: Can This Massive Cash Injection Save Sierra Leone’s Economy?
The IMF has approved a $253 million Extended Credit Facility (ECF) for Sierra Leone, providing crucial financial support over a 38-month period. This program, which comes as the country battles high inflation, debt, and currency challenges, will help stabilize the economy by reducing inflation, rebuilding reserves, and promoting sustainable growth. The government, led by Finance […]
Sierra Leone Secures Billions! Discover the Game-Changing Deals from President Bio’s China Trip
Key Outcomes from President Julius Maada Bio’s Visit to China for FOCAC 2024 During President Julius Maada Bio’s official visit to China for the 2024 Forum on China-Africa Cooperation (FOCAC), several significant agreements and announcements were made, strengthening the ties between Sierra Leone and China. Below are the major takeaways from the visit: These outcomes […]