Sierra Leone’s Minister of Finance, Sheku Ahmed Fantamadi Bangura, is currently in Washington, D.C., participating in the 2025 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group, taking place from April 21 to 26. These high-level discussions bring together global financial leaders to address key economic challenges, including inflation, debt sustainability, climate financing, and international development. The meetings will also assess the global economic outlook and review the efforts of the IMF and World Bank in assisting member countries.
Minister Bangura is joined by a delegation comprising officials from the Ministry of Finance, the National Revenue Authority (NRA), the Bank of Sierra Leone, and the Parliament of Sierra Leone. The World Bank continues to work closely with Sierra Leone to combat poverty, stimulate economic growth, and enhance living conditions. In 2024, the IMF Executive Board approved a 38-month Extended Credit Facility (ECF) for Sierra Leone, valued at approximately $248.5 million. This initiative aims to help the country restore macroeconomic stability, lower inflation, and rebuild foreign reserves. The collaboration between Sierra Leone and the IMF remains strong, with both parties committed to advancing economic reforms and promoting sustainable development.
