Economic Rehabilitation and Recovery Program


Project Summary

Approval Date 27 Jul 2005
Signature Date 17 Oct 2005
Planned Completion Date 31 Dec 2007
Last Disbursement Planned Date 31 Dec 2007
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 15110
Commitment U.A 10,658,305.53
Status Completion

Project General Description

The proposed EERP-III, with resources in the amount of UA 10.7 million, will assist government in implementing policies designed to promote good governance while at the same time helping to close Sierra Leone's external financing gap. As indicated in Annex Table V, the current account deficit (excluding official transfers) widened from 12.1 percent in 2002 to 17.7 percent in 2004, and while it is expected to narrow to 13.6 percent in 2005 it remains high at 10.4 percent by 2007. The grant will help narrow the deficit. It will also help reduce the inflationary pressures in the economy.

Participating Organization

Funding
African Development Fund
Implementing
Ministry of Finance

Information

IATI identifier 46002-P-SL-KA0-006
Last Update 31 Oct 2019

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Geographic Location

Country Sierra Leone