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Tuesday, September 17, 2019

Business & Finance

IMF says limited access to affordable, reliable electricity poses a challenge for growth

In its Country Report No. 19/218, the International Monetary Fund (IMF) has said that the country’s growth and development is being challenged by limited...

SL’s annual trade deficit is about US$700m

Sierra Leone’s Chief Economist Alimamy Bangura, has disclosed that every year importers bring into the country goods worth around US$1.3 billion. On the other hand...

Importers want freight charges harmonised by season

The Secretary General of the Sierra Leone Importers Association (SLIA) Rashid A. Conteh has said that they are asking government to harmonise the local...

MDA’s urged to focus on operational activities for 2020 Budget

The Financial Secretary has issued the Budget Call Circular (BCC) to all Permanent Secretaries and Heads of Departments for the MTEF period Financial Year...

Finance Ministry dialogues with Importers Assoc.

The Ministry of Finance has last week engaged a cross section of the Executive of the Sierra Leone Importers Association to talk about constraints...

Salone lacks infrastructure for digital financial service to thrive

At present, Sierra Leone lacks much of the complementary digital financial services (DFS) infrastructure to enable the DFS sector to thrive. The Sierra Leone Economic...

IMF assessments identify ‘compliance gaps’ in budget execution

The International Monetary Fund (IMF) has said in their Country Report No. 19/218 that government commitment is demonstrated in the ongoing implementation of the...

Parents want ‘normalcy’ in the economy

The Central Bank for the last two weeks has been engaged in foreign exchange auction in an effort to help defend the Leones which...

Salone performance under the macroeconomic convergence remains below expectation

The Committee of Governors of Central Banks of ECOWAS Member States last weekend met in Conakry Guinea to discuss monetary integration process in the...

Central Bank warns miscreant foreign exchange bureaus

Pursuant to Section 48(3) of the Bank of Sierra Leone (BSL) Act 2019, which empowers the Central Bank to temporarily restrict the purchase, sale,...
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