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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

SLPP Shakes Tonkolili, As Three APC Big Guns Join Others To Endorse Bio's Second-Term

SLPP Shakes Tonkolili, As Three APC Big Guns Join Others To Endorse Bio's Second-Term

By Richmond B Tholley

Though surrogates of the All People's Congress are referring to those resigning from the party to join their political opponents - the Sierra Leone Peoples Party as politically useless and having no power to move crowds, it seems the ruling party is making inroads into Districts traditionally believed to be political strongholds of the main opposition.

A few days ago the great Alpha Khan of Port Loko resigned from the APC to join the SLPP. Khan might be politically useless according to the majority of the APC, but it will be a slap on the main opposition party, and a plus to the ruling party.
Tonkolili, a District in the Northern province and is believed to be one of the strongholds of the main opposition but recent developments have seen the ruling party eying most of the political players in the team of the APC.

ALUSINE Abdulai Sesay, the former Tonkolili District Council Chairman is gone, and he's now going to contest against his former party. Again, Sesay might be of no use to the APC, but he's influential and he's going to make a difference, no matter how little it is. Because he also has followers.

The recent one is on Saturday 29th April 2023 when three other members of the APC not only resigned from the party but also joined the SLPP and endorsed President Bio's second-term mantra. 

The three - former Members of Parliament from Magburaka and Yele, Hon Mohamed Albert Tarawalie and Hon David Bai Conteh respectively, and Mohamed Bash Taqi from Matotoka are all influential and respected in their communities.

The political trios publicly declared their support for the SLPP and President Bio during the president's visit to Magbass, a strategic town in the District.

Election is a game of number and the ruling party seems to increase numbers especially in Tonkolili District almost everyday.

While the SLPP is going round to bring in new players that will help them win the June 24th election, the APC keeps bragging about their party and candidate's popularity and does not seem to pamper or convince others not to leave. 

Yes, they're are doing this with impunity, and no regard for others.

Among the three, Mohamed Albert Tarawalie (MAT) has a grassroots support and might add to the SLPP and President Bio's second term bid. 

Over the years, Bio's SLPP faced criticism for many economic policies, but his recent moves and the way he's pushing for people his opponents say are not politically important is something the APC must not underestimate. Because such apparent moves might affect the APC party and gives the SLPP winning. 

Don't underestimate Bio!


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