03986oam 22009854 450 991015752530332120230808201134.01-4755-5980-11-4755-5982-8(CKB)3710000001001319(MiAaPQ)EBC4774656(IMF)1SLEEA2016003(EXLCZ)99371000000100131920020129d2016 uf 0engurcnu||||||||rdacontentrdamediardacarrierSierra Leone : Sixth Review Under the Extended Credit Facility Arrangement, Financing Assurances Review and Request for Waiver for Nonobservance of Performance Criteria-Press Release; and Staff ReportWashington, D.C. :International Monetary Fund,2016.1 online resource (61 pages) illustrations, tablesIMF Staff Country Reports1-4755-5979-8 This paper discusses Sierra Leone’s Sixth Review Under the Extended Credit Facility (ECF) Arrangement, Financing Assurances Review, and Request for Waiver for Nonobservance of Performance Criteria. Growth is expected to reach 6.5 percent in the medium term. However, risks to the outlook are firmly to the downside. Revenues are too low to finance key infrastructure projects. Iron ore production has become moderately profitable, but there is downside risk to iron ore prices. The IMF staff supports the authorities’ request for completion of the sixth (last) review of the ECF arrangement, as well as the request for a waiver for nonobservance of the continuous performance criteria on nonintroduction of multiple currency practices.IMF Staff Country Reports; Country Report ;No. 2016/378Economic developmentBudgetingimfExports and ImportsimfForeign ExchangeimfMacroeconomicsimfPublic FinanceimfNational Government Expenditures and Related Policies: GeneralimfNational BudgetimfBudget SystemsimfTrade: GeneralimfInternational Lending and Debt ProblemsimfPublic finance & taxationimfInternational economicsimfCurrencyimfForeign exchangeimfBudgeting & financial managementimfEnergy industries & utilitiesimfExpenditureimfBudget planning and preparationimfImportsimfExternal debtimfPublic financial management (PFM)imfInternational tradeimfExpenditures, PublicimfBudgetimfDebts, ExternalimfSierra LeoneimfEconomic development.BudgetingExports and ImportsForeign ExchangeMacroeconomicsPublic FinanceNational Government Expenditures and Related Policies: GeneralNational BudgetBudget SystemsTrade: GeneralInternational Lending and Debt ProblemsPublic finance & taxationInternational economicsCurrencyForeign exchangeBudgeting & financial managementEnergy industries & utilitiesExpenditureBudget planning and preparationImportsExternal debtPublic financial management (PFM)International tradeExpenditures, PublicBudgetDebts, External338.9DcWaIMFBOOK9910157525303321SIERRA Leone686991UNINA