Africa: Sierra Leone Should Adopt Fiscal Consolidation Measures to Ensure a Sustainable Economic Environment
- October 10, 2024
- Environment & Climate
- 0 Comments
[World Bank] Freetown — Sierra Leone’s economy grew by 5.7% in 2023, exceeding expectations, driven by strong performance in the mining sector. However, growth is projected to slow to 4.3% in 2024 due to declining iron ore prices, according to the new World Bank Sierra Leone Economic Update launched today. The report notes a slightly optimistic medium-term outlook, with growth expected to recover to its long-term average of 4.6%, supported by a resurgence in the service sector, improved agricultural productivity, robust mining
AllAfrica News: Environment
