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 | 15124 |
Environmental Category | 3 |
Commitment | U.A 10,658,305.53 |
Status | Completion |
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.
Funding
African Development Fund
|
Implementing
Ministry of Finance
|
IATI identifier | 46002-P-SL-KA0-006 |
Last Update | 01 Feb 2023 |