Sierra Leone: Macroeconomic Stability Key to Attainment of Food Security
Moses A. Kargbo – External Affairs Officer – World Bank Macroeconomic stability built on fiscal and monetary discipline is essential to both food security and poverty reduction. Without a stable macroeconomic environment reflected in a stable real exchange rate, low rate of inflation, sustainable levels of debt, vital investments to enhance agricultural productivity and ensure […]
Dr. Stevens is new Bank Governor
President Julius Maada Bio has appointed Dr. Ibrahim Stevens as substantive Bank Governor. Until his recent appointment, Dr. Stevens was Deputy Bank Governor at the Central Bank of Sierra Leone. He has succeeded Prof Kelfala Kallon who held the position of Bank Governor since 2018. Dr. Stevens is said to have served as Deputy Bank…...
World Bank projects economy to grow by 3.7 percent
By; Amara Thoronka The World Bank has projected the economy of Sierra Leone to grow on average by 3.7 percent, covering a span of 2023-2025. In its 2023 Economic Update on Sierra Leone, the World Bank noted that the growth prediction is based on sound domestic policies, addressing inflation and decreasing debt pressure…....
Mines Minister and GOSL on the right trajectory
By Expo Times Staff Writer Truth be told, there is every need to prioritize things that are in the best interest of Sierra Leone as a country. Just recently, there were several talks as to who should be given the mandate to manage the Port. There were several ‘media wars’ but in the end,…...
ARISE IIP contract terminated on its own– Justice Minister
By: Amara Thoronka Mohamed-Lamin Tarawally Esq., Sierra Leone’s Attorney General and Minister of Justice, has said that the much-talked-about termination of contract between the Government of Sierra Leone and ARISE IIP was not an action taken by the Government, but rather, it is something that happened on mutual grounds. He was speaking at the…...
Finance Minister makes a case for Africa’s absorptive capacity and financial constraints
By Expo Times Reporter In response to a question on what the International Monetary Fund (IMF) can do to make Africa’s capacity development effective, Minister Sheku A.F Bangura identified the continent’s absorptive capacity and financial constraints as two issues that will add value for effective implementation. At the Annual Meetings in Marrakech, Morocco, he spoke […]
“93 out of 277 cases investigated in 2022” – – ACC Deputy Commissioner says
By Sulaiman Jalloh The Anti-Corruption Commission (ACC) Sierra Leone has presented their 2022/2023 Activities completed and budget proposal 2024-2026 Fiscal Year(s) to the Ministry of Finance in the ongoing FY2024 bilateral budget discussions at the Ministry of Finance in George Street in Freetown, on Tuesday, October 10, 2023. Presenting the ACCs’ report, the deputy commissioner…...
Jolaks’ made in Salone products turns hotcake in the market
The Sierra Leone Local Content Policy Act was passed to provide development of all sectors of the economy through the incorporation of local content in their productive activities. The private sector has taken the lead in the local content platform that does not compromise standards and efficiency. Jolaks Manufacturing Company Limited is one amongst key […]
Sierra Leone Business: Air Passengers Drop By 48,000
First half data of 2017 show that the volume of air passengers who came in through the Lungi International airport dropped by 48 thousand. In 2016 over the same period, there were 215 thousand (215,355) people who came into the country. With 2017 data revealing a figure of 165 thousand (165,536) this gives us a […]
PEACE DIAMOND: Precious Stone Fetches $6.5m In New York
A giant 709-carat diamond unearthed in Sierra Leone has sold at auction in New York for $6.5m (£4.8m). Laurence Graff, chairman of Graff Diamonds, won the precious stone – nicknamed the “peace diamond” – in bidding on Monday. Half of the proceeds, $3.8m, will be used to fund infrastructure projects to benefit the community of the […]
