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Record Nr. |
UNINA9910828521303321 |
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Titolo |
Sierra Leone : : 2013 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2013 |
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ISBN |
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1-4755-3028-5 |
1-4755-2921-X |
1-4755-3055-2 |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (147 p.) |
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Collana |
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IMF Staff Country Reports |
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Disciplina |
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Soggetti |
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Economic development - Sierra Leone |
Budgeting |
Exports and Imports |
Macroeconomics |
Public Finance |
Statistics |
National Government Expenditures and Related Policies: General |
International Lending and Debt Problems |
Debt |
Debt Management |
Sovereign Debt |
Fiscal Policy |
National Budget |
Budget Systems |
Public finance & taxation |
International economics |
Budgeting & financial management |
Econometrics & economic statistics |
Public financial management (PFM) |
Public debt |
Fiscal policy |
Expenditure |
Debt sustainability analysis |
Budget planning and preparation |
Finance, Public |
Debts, External |
Debts, Public |
Expenditures, Public |
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Sierra Leone Economic conditions |
Sierra Leone |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di contenuto |
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Cover; CONTENTS; BACKGROUND: TAKING STOCK; BOXES; 1. Response to Fund Advice from the 2010 Article IV Consultation; 2. Budget Execution Under Severe Resource Constraints; RECENT ECONOMIC DEVELOPMENTS AND SHORT-TERM OUTLOOK; MEDIUM-TERM FRAMEWORK; POLICY DISCUSSIONS; A. Fiscal Policy and Reforms; 3. Public Financial Management Reform Strategy for 2014-17; B. Monetary Policy and Financial Sector Issues; C. Supporting Long-Term Debt Sustainability; D. Enhancing Competitiveness and External Stability; E. Promoting Inclusive Growth; F. Other Surveillance Issues; PROGRAM ISSUES; STAFF APPRAISAL |
FIGURES1. Development Indicators; 2. Recent Economic Developments and Medium-Term Outlook, 2007-17; 3. Real and External Sectors, 2008-June 2013; 4. Fiscal Sector, 2008-12; 5. Monetary and Financial Sector Indicators, 2008-13; 6. Medium-Term Fiscal Outlook, 2013-18; 7. Selected Indicators on Financial Sector Depth and Inclusiveness; 8. Indicators of Public and Publicly-Guaranteed External Debt Under Alternative Scenarios, 2013-33; 9. Business Environment Indicators; 10. Progress Towards the MDGs, 1990-2015; TABLES; 1. Selected Economic Indicators, 2010-18 |
2a. Fiscal Operations of the Central Government, (Billions of leone), 2010-182b. Fiscal Operations of the Central Government (Percent of Non-Iron Ore GDP), 2010-18; 3. Statement of Government Operations (GFSM 2001), 2010-18; 4. Monetary Accounts, 2010-18; 5. Balance of Payments, 2010-18; 6. Indicators of Capacity to Repay the Fund, 2010-24; 7. Actual and Proposed Disbursements Under the ECF Arrangement, 2013-16; 8. Millennium Development Goals, 1990-2010; 9. Financial Soundness Indicators of the Banking System, 2005-13; 10. External Financing Requirements and Sources, 2013-16 |
11. Risk Assessment Matrix (RAM)APPENDIXES; I. Letter of Intent; Supplemental Letter of Intent; Attachment 1. Memorandum of Economic and Financial Policies for 2013-16; Attachment 2. Technical Memorandum of Understanding; ANNEXES; I. Competitiveness and External Stability Assessment; II. Financial Sector Development Issues; III. In Search of Inclusive Growth-Key Lessons from the Literature; CONTENTS; RELATIONS WITH THE FUND; JOINT WORLD BANK-IMF WORK PROGRAM, 2013-14; STATISTICAL ISSUES |
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Sommario/riassunto |
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This 2013 Article IV Consultation highlights that Sierra Leone has made significant progress in macroeconomic stabilization over the last five years. Real GDP growth averaged some 7 percent, driven by output expansion in agriculture, mining, and services; as well as the scaling-up of infrastructure investment. Nonetheless, important impediments to broad-based growth remain, including large infrastructure gaps, insufficient energy supply, and limited access to safe water and sanitation. Medium-term prospects are positive. Growth is projected to remain robust, mainly driven by iron ore production and continued high public investment; while inflation is expected to decline further as |
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monetary and fiscal policies remain prudent. |
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