Today, I delivered a statement and formally launched the Sierra Leone Country Economic

Memorandum (CEM) and the Sierra Leone Country Climate and Development Report (CCDR) prepared by the World Bank.

Both reports look at the country’s growth trajectory in view of climate change threats. I emphasized on some of the key priorities identified by the report to unlock the full potential of the economy including restoring macro economic stability, creating the enabling environment to better leverage private sector, and building our human capital.

I highlighted the need for a strong regulatory environment to facilitate private sector finance to sustainably create jobs and drive inclusive economic growth.

The report is a call to action that will build on the gains we have made in bringing inflation down to single digits, reducing interest rates and other monetary and fiscal policy reforms. These are signals of economic resurgence in the aftermath of the pandemic and its ensuing shocks.

Thanks to World Bank for such a refreshing stocktaking exercise. There is a lot we can build on.