Sierra Leone: World Bank Supports Sierra Leone With $80 Million to Enhance Macroeconomic Stability and Resilience

Freetown — The World Bank today approved an $80 million financing package to support Sierra Leone’s efforts to restore macro-fiscal stability and strengthen economic resilience. This financing includes a $60 million International Development Association (IDA) grant as budget support, and an additional $20 million for a Catastrophe Deferred Drawdown Option (Cat DDO), which will be available to the government in the event of a natural disaster.

Sierra Leone has faced significant economic and…