Home News Sierra Leone Secures US$78.8 Million IMF Financing Agreement

Sierra Leone Secures US$78.8 Million IMF Financing Agreement

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US$78.8m IMF Grant Awaits Salone
US$78.8m IMF Grant Awaits Salone

Sierra Leone has reached a staff-level agreement with the International Monetary Fund that will unlock US$78.8 million in financing to stabilise the economy and support the 2026 national budget.

The deal follows strong reform efforts by the Ministry of Finance and economic governance institutions.

Key figures credited for the milestone include:

  • Sheku Fantamadi Bangura, Minister of Finance
  • Mathew Dingie, Financial Secretary
  • Ibrahim Stevens, Governor of the Central Bank
  • Jeneba Bangura, Commissioner-General NRA

The agreement is expected to boost foreign exchange reserves, support imports such as fuel and medical supplies, and improve investor confidence.

Final approval by the IMF Board is expected in the coming weeks.

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