Search
Search
Journalism from the heart of crises
  1. Home
  2. West Africa
  3. Sierra Leone

US $13-million loan to help revive economy

    ABIDJAN
    The African Development Fund has approved a loan of some US $12.92 million to finance an economic rehabilitation and recovery programme in Sierra Leone, the African Development Bank (ADB) reported on Wednesday. The loan will help support this year’s balance of payments, revive the war-ravaged economy and reduce poverty, ADB reported. In particular it will support policy reforms in areas such as restoration of peace, macroeconomic stability and structural reform, and assist the ongoing budgetary reforms that focus on the civil service, public enterprise, social services and governance.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

    Share this article

    Get the day’s top headlines in your inbox every morning

    Starting at just $5 a month, you can become a member of The New Humanitarian and receive our premium newsletter, DAWNS Digest.

    DAWNS Digest has been the trusted essential morning read for global aid and foreign policy professionals for more than 10 years.

    Government, media, global governance organisations, NGOs, academics, and more subscribe to DAWNS to receive the day’s top global headlines of news and analysis in their inboxes every weekday morning.

    It’s the perfect way to start your day.

    Become a member of The New Humanitarian today and you’ll automatically be subscribed to DAWNS Digest – free of charge.

    Become a member of The New Humanitarian

    Support our journalism and become more involved in our community. Help us deliver informative, accessible, independent journalism that you can trust and provides accountability to the millions of people affected by crises worldwide.

    Join