Due to the reckless and unnecessary unrest displayed yesterday (August 10, 2022) by greedy, selfish, bad and low minded Sierra Leoneans politicians.
Sierra Leone is going to experience skyrocketed trading price modelling in the following areas:
1. Increase in Freight cost to Sierra Leone.
2. Investors confidence is going to diminish Further
3. Upward movement in Exchange Rate market
4. Scarcity of foreign currency
5. Further deprecation of the Leones.
6. Increase in the cost of doing business
7. Reputation damage to the Tourism market. Sierra Leone is going to be tag as high risk zone. Thus, developed countries are going to discourage there citizens not to travel to Sierra Leone
8. Expect termination of jobs as businesses are going to struggle to meet budget and cashflow is going to be massively impacted.
9. 2022 target in domestic revenue is going to be affected.
August 10, 2022 reckless act has just succeeded in taking our country backward with a two years plan to restore our global image and reputation again.
Details analysis of these highlighted areas will be cover in my financial times journal before the end of this week.
The socio-economic impact is going to be massive.
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