IMF Reaches Agreement With Sierra Leone On ECF And To Provide $78.8M Support.

The Government of Sierra Leone has welcomed report of the International Monetary Fund (IMF) reaching staff-level agreement with Sierra Leone on the 1st and 2nd Reviews of the Extended Credit Facility (ECF) programme and unlocking US$78.8 million in support.

The laudable achievement reflects the strong economic reforms championed by President Julius Maada Bio and the excellent stewardship of Sierra Leone’s economic management team including Finance Minister Sheku Ahmed Fantamadi Bangura, Financial Secretary Mathew Dingie, Governor of the Bank of Sierra Leone Dr. Ibrahim Stevens, and the Commissioner General of the National Revenew Authority (NRA) Madam Jeneba Bangura.

Their collective commitment to fiscal discipline, monetary stability, and structural reforms has restored confidence in Sierra Leone’s economy and strengthened the foundation for growth.

The IMF announcement comes a day before the Minister of Finance presents the 2026 National Budget in Parliament on Friday, 28th November 2025, reinforcing the administration’s commitment to a pro-people, stability-driven, reform-anchored budget that prioritizes social services, protects vulnerable groups, and promotes sustainable economic expansion.

The Ministry of Information and Civic Education will continue to provide updates as we move towards Budget Day.