Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

June 10, 2020

Electronic Access:

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Summary:

The COVID-19 pandemic is severely impacting the Sierra Leonean economy, threatening to wipe out the hard-won gains since the Ebola health crisis just five years ago. The sharp contraction in external demand, and disruptions to mining production and exports are straining the external and fiscal accounts. Proactive measures vital to contain the spread of the crisis are dampening economic activity. The already tight financing situation and fragile health sector, and vast development needs, limit the authorities’ ability to reallocate resources within and across sectors.

Series:

Country Report No. 2020/196

Subject:

Rapid Credit Facility (RCF)