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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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In a letter, Charles Francis Margai criticizes the APC.


From The Desk of Charles Francis Margai Esquire

I have seen a very misleading video making the rounds on social media in which the All People’s Congress Party former Secretary General Mr. Osman Foday Yansaneh is claiming that I have again joined forces with the APC for the forthcoming June 24, 2023 elections, as I did in 2007. 

The general public is hereby informed by this notice, that the purported claim is not only misleading but intended to decimate my political character. Indeed some members of the APC approached me to team up with them in the June 24 general elections, but I told them in very explicit terms that I'll consult with my PMDC hierarchy and will make public our collective decision. After consultations with my Party,  and getting an invite from the leadership of the Coalition for Change, and in consideration that our two parties are yearning for change, we decided to form a Coalition. 

As an individual I have never agreed with the APC to join them in the June 24 elections. Whosoever is peddling such news is spreading misinformation. The contents of the video are not the factual representation of Mr. Charles Francis Margai. 

The general public is therefore advised to dismiss the video and its contents in its entirety. 

 Signed
 Charles Francis Margai.
7/5/23

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