Sierra Leone : Request for a Three-Year Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Sierra Leone.

This paper discusses Sierra Leone's Request for a Three-Year Arrangement under the Extended Credit Facility (ECF). In the near term, this ECF is expected to support important but difficult policies: ending routine foreign exchange auctions and eliminating numerous tax and duty exemptions while...

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Bibliografische gegevens
Coauteur: International Monetary Fund. African Dept
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2017.
Reeks:IMF Staff Country Reports; Country Report ; No. 2017/154
Online toegang:Full text available on IMF
Omschrijving
Samenvatting:This paper discusses Sierra Leone's Request for a Three-Year Arrangement under the Extended Credit Facility (ECF). In the near term, this ECF is expected to support important but difficult policies: ending routine foreign exchange auctions and eliminating numerous tax and duty exemptions while increasing infrastructure spending and bolstering the social safety net. The ECF will also catalyze maintenance of external support. In the medium term, the proposed arrangement will provide the framework for structural progress on revenue mobilization, public financial management and financial sector reforms, and increased reserves. The IMF staff supports the authorities' request for the new ECF.
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Fysieke beschrijving:1 online resource (100 pages)
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ISSN:1934-7685
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