Sierra Leone: Recent Economic Developments

July 16, 1997

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Sierra Leone: Recent Economic Developments, (USA: International Monetary Fund, 1997) accessed November 21, 2024

Summary

This paper reviews economic developments in Sierra Leone during 1994–96. The disruption to agriculture at the start of the rebel war precipitated negative growth in 1991/92 and 1992/93. The relatively peaceful conditions that prevailed in 1993/94 brought a rebound in agriculture as well as in diamond mining activities. As a result, real GDP grew by an estimated 5 percent. The turnaround was cut short in 1994/95 with the escalation of rebel attacks and amid closure of rutile and bauxite mining operations.

Subject: Agricultural commodities, Commercial banks, Commodities, Expenditure, Exports, Financial institutions, Income and capital gains taxes, International trade, Taxes

Keywords: Ad valorem tax, Agricultural commodities, Broad money, Commercial banks, CR, Customs duty, Exchange rate, Exports, Income and capital gains taxes, Income tax, ISCR, Sales tax, Sierra Leonean authorities, Sub-Saharan Africa, Tax rate, Treasury bill, West Africa

Publication Details

Pages:

71
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1997/047
Stock No:

1SLEEA0011997
ISBN:

9781451834444
ISSN:

1934-7685

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