Dr. Kandeh K. Yumkella Sierra Leone Telegraph: 23 November 2015 On October 3rd 2016, our government finally accepted the reality that our economy is bankrupt, with the publication of a press release from State House. The statement detailed austerity measures they will take to improve revenue mobilization and fiscal sustainability, as [Read More]
Sierra Leone Telegraph: 23 November 2016 Last Friday, 18th November 2016, Sierra Leone’s finance minister Momodu Kargbo delivered the government’s budget statement for 2017 to parliament. It is a budget the government is hoping will address the growing abject poverty, that over 70% of the country’s population is now suffering. [Read More]
Dr Jonathan Bonopha Tengbe Sierra Leone Telegraph: 19 November 2016 This is not the first time Sierra Leone is experiencing austerity measures. But what is certain is that each time the APC is in power, the country will be plunged into economic chaos. But the difference this time is that [Read More]
John Baimba Sesay – Beijing China Sierra Leone Telegraph: 2 November 2016 By 2012, the cost of government subsidies in Ghana had reached one billion Cedis ($500 million). It was expected to rise to 2.4 billion Cedis this year, before the country’s National Petroleum Authority could raise prices. The decision [Read More]
Saad Barrie Sierra Lone Telegraph: 31 October 2016 Sierra Leone government’s proposed new airport has been harshly criticised by some of its key stakeholders, either for its location, huge cost, or method of financing and the lack of transparency in the negotiations with its financiers and contractors – the Chinese. [Read More]
Sierra Leone Telegraph: 28 October 2016 Sierra Leone has once again become a charity case, after failing to develop its agricultural sector to feed its 6 million population and become Africa’s food basket. Despite hundreds of millions of dollars spent on the farming industry, through the World Bank and international [Read More]
Saad Barrie Sierra Leone Telegraph: 28 October 2016 The proposed Mamamah Airport and New City is the flagship infrastructure project in Sierra Leone’s current medium term development plan, the ‘Agenda for Prosperity’. The indicative cost of the Mamamah Project is US$481 million. The airport alone is estimated to cost at [Read More]
Saad Barrie Sierra Leone Telegraph: 27 October 2016 The government of Sierra Leone is determined to build a new international airport in the north of the country, financed by a whopping $400 million loan from China. Opposition to this policy decision is strong, including the Word Bank who says that [Read More]
Sierra Leone Telegraph: 22 October 2016 Lusine Kallon (Photo: Years of waste accumulation in a slum in the capital Freetown) After nine years in power, the ruling APC’s economic mismanagement and bad policies have become the root cause of the country’s poor economic performance and the hardship suffered by the [Read More]
The Sierra Leone Telegraph Reserves Copyright