Sierra Leone Ministry of Finance has updated its Medium-Term Debt Strategy 2023-2027,
focusing on fiscal strategies and actions to address the country’s current debt profile through
strategic partnerships with commercial banks.
The government of Sierra Leone is assiduously working in collaboration with other critical
stakeholders in tackling the debt challenge while improving the economy. The efforts of the
ministry in recent times have achieved a reduction in inflation rate, increased productivity and
encouraged productive consumption.
As with many African countries battling the debt debacle, Sierra Leone is devising innovative
ideas which seek to reduce public debt through efficient fiscal management, prevention of waste
and judicious allocation of resources. The ministry has adopted more interactive measures aimed
at getting the support of both the banks and international development partners in ensuring
adherence to agreed rules and standards.
