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IMF drops $20.8 million to the New Direction Government

GOVERNMENT OF SIERRA LEONE MINISTRY OF FINANCE PRESS RELEASE The International Monetary Fund Approves Sierra Leone's Economic Performance Under the Extended Credit Facility Programme on 5th June 2023 The Ministry of Finance. in collaboration with the Bank of Sierra Leone and the National Revenue Authority, wish to inform the general public that the Executive Board of the International Monetary Fund has, on 5" June  2023, approved the Economic Performance Programme of the Government of Sierra Leone, which will trigger immediate disbursement of about US$20.8 million. It is worth noting that the global economy is currently facing challenges occasioned by unprecedented overlapping multiple crises severely impacting all countries' economic fabric. These crises have manifested into high inflation, depreciation of currencies, deteriorating external accounts, high-interest rates and rising debt levels and vulnerabilities.  The crisis has also wo
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Here are three reasons why there won't be a runoff.

The following three factors alone will ensure that President Bio and the SLPP are reelected:

The SLPP has more supporters than the other political parties in Sierra Leone, and president Julius Maada Bio is well-liked by his people. 
 
He is able to control the nation's economy and start building a vast infrastructure despite the global economic crisis.

The primary opposition party lacks the credentials and track record that would compel a responsible Sierra Leonean to cast their vote for them

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