International Trade in Sierra Leone

International Trade in Sierra Leone

During the last recent years, Sierra Leone had shown one of the highest growth rates in Africa, due to the improvement in its security situation, the increase in its exports and investments, a substantial inflow of international aid and the progress made in resettling people who were... Read more

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Import and Export Services in Sierra Leone (7)

  • MARS EXIM PVT LTD

    MARS EXIM PVT LTD

    Direct Marketing, Sierra Leone

    Our company is Govt. of India Recognized Export House .Our main line of products are Light engineering goods which includes : •...
  • Heritage Destination Consulting Ltd

    Heritage Destination Consulting Ltd

    Tourism Consulting, Sierra Leone

    International Heritage Interpretation & Heritage Tourism Destination Consultants Heritage Destination Consulting...

Business Tips About Sierra Leone (13)

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Overview About International Trade in Sierra Leone

Economic Overview

During the last recent years, Sierra Leone had shown one of the highest growth rates in Africa, due to the improvement in its security situation, the increase in its exports and investments, a substantial inflow of international aid and the progress made in resettling people who were displaced by the civil war. Considering that Sierra Leone has relatively managed well during the global financial crisis, the country was still strongly affected due to the reduction of money transfers and exports in the mining sector and the drop of foreign investments. The growth rate which had fallen to 3.2% in 2009, recovered in 2010 (4.5%), sustained by the expansion of the agriculture and services sectors and the rebound in exports. The country is expected to maintain this dynamic economic environment in the next following years. 

In June 2010, a new three-year program was signed with the IMF (Extended Credit Facility -ECF), aiming to accelerate economic growth in a mid-term and to increase investments in infrastructures and social development. The monetary policy is controlling inflation, which was reaching 16.5% in 2010. The structural reforms are emphasizing the improvement of

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