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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

Residents of Kenema shouted, "EDSA, fix our electricity!"


Residents in Kenema city are calling on EDSA to speedily restore the power outage.

By: Hassan Conteh

On the 14th April 2023, the city of Kenema started experiencing frequent power outage from the CLSG power station, but according to the Kenema city EDSA PRO when interviewed in one of the local radio stations, he apologized to customers for the inconveniences and further explained that, the outage is caused as a result of an installation and maintenance going on in the power station. 
He also gave reference to the press release earlier released by the EDSA management in which a time frame was put on how the city will get its full 24hrs electricity again. He finally assured residents that, the engineers are working day in and day out to resolve the issue and that the electricity will soon be restored to its normalcy.
Some residents of Kenema city are dissatisfied with the situation as most of them are reliant on the electricity to survive and that they are appealing and calling on EDSA to speedily restore the electricity. As it stands now, the city of Kenema is in total blackout and residents are looking forward to a speedy restoration of the electricity as thieves can use this opportunity to cause mayhem in the communities, however, residents are hopeful that EDSA will work speedily to resolve the issue.

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