Sierra Leone Economic Update 2023
No hay miniatura disponible
Fecha
Autores
Título de la revista
ISSN de la revista
Título del volumen
Editor
Washington, DC: World Bank
Resumen
Descripción
Sierra Leone’s economy experienced
overlapping setbacks during 2022, as external spillovers
from the Russian invasion of Ukraine aggravated domestic
macroeconomic vulnerabilities. This led to high levels of
inflation, a substantially weaker currency, greater
imbalances in public finances, and lower foreign exchange
reserves. GDP growth slowed in 2022 (from 4.1 percent in
2021 to 3.5 percent) bringing the average GDP growth since
the onset of the COVID-19 pandemic to only around half of
the pre-pandemic trend. High global energy and fertilizer
prices coupled with a weaker currency translated into
accelerating inflation which rose from 12percent in 2021 to
27 percent in 2022, and further to over 50 percent by August
2023, threatening the welfare of households and worsening
food insecurity and poverty.
Palabras clave
FOOD SECURITY, FOOD SYSTEMS, STABILITY, VALUE CHAINS