Freetown, SIERRA LEONE – The World Bank is set to unveil the 2023 edition of the Sierra Leone Economic Update (SLEU) today, at the Sierra Palms Hotel.
This marks the sixth edition of the SLEU since its inception in 2018. In 2020, due to the COVID-19 pandemic, the Bank conducted a virtual launch of its publication. The SLEU is an annual publication that provides insight into recent economic developments, reviews regional and global contexts, and assesses their implications for the country. It also offers a medium-term outlook and economic prospects.
For the 2023 Update, the World Bank has chosen a focal theme closely aligned with the government’s “Feed Salone Agenda,” which is “Enhancing Value Chains to Boost Food Security.”
The intended audience for the SLEU includes policymakers, business leaders, organizations, analysts interested in Sierra Leone’s economy, and representatives from civil society.
Last year’s edition centred on “Leveraging SME Financing and Digitization for Inclusive Growth,” while the 2021 Economic Update featured a special section examining the “Welfare and Poverty Effects of the COVID-19 Pandemic” in Sierra Leone.
In 2020, due to the pandemic, the World Bank organized a virtual launch for its third SLEU edition, titled “The Power of Investing in Girls.” This edition analysed recent economic events, prospects, and discussed policies affecting women and girls, emphasizing inclusive growth and poverty reduction.
The 2019 Update focused on promoting inclusive growth and poverty reduction through “Financial Inclusion for Economic Growth and Development.”
The maiden edition of the SLEU concentrated on “Reviving Urban Development: The Importance of Freetown for the National Economy.” This report included a special feature analysing a topic relevant to promoting inclusive growth and poverty reduction.
World Bank Country Manager, Abdou Muwonge, is expected to be present at the launch. ZIJ/26/10/2023