BY Mabinty M. Kamara
The International Monetary Fund (IMF) has approved US $21.13 million for disbursement to Sierra Leone as part of the Extended Credit Facility program. The fund, which was approved on the 3rd of April, comes at a time when the country is looking for resources to respond to the outbreak of the Coronavirus.
The decision by the Executive Board of the Fund comes after the completion of the second review of Sierra Leone’s performance under the US$172.1 million ECF that country signed up for in November 2018.