FY2024: Cash Deficit Triples
FY2024: Cash Deficit Triples
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Author: Truth Media
Public Debt Surges to 37% of GDP
Freetown 25th August 2025- Sierra Leone’s public debt surged to NLE 61.1 billion by the end of December 2024, representing 37% of the country’s GDP, according to fiscal data from the country’s Ministry of Finance.
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Government Overspends by Over NLE 4 Billion in 2024
Freetown 25th August 2025- Sierra Leone’s fiscal position took a sharp downturn in FY2024, with the government recording a staggering cash deficit of NLE 4.2 billion, culminating in a negative cash balance of NLE 5.9 billion by year-end. This marks a troubling shift in the country’s financial trajectory, raising urgent questions about budget discipline, debt sustainability, and the future of public service delivery.
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Basketball Team’s Historic Run Hits Roadblock
Freetown, 25th August 2025- A landmark achievement for Sierra Leone basketball is at risk, following the historic qualification of the national under-16 basketball team. The team secured its first-ever spot in the International Basketball Federation (FIBA) U-16 Afrobasket tournament, scheduled to take place in Kigali, Rwanda from September 2nd to 14th.
Read MoreOver 150 Students Stranded in Russia Amid Unpaid Stipends
Freetown, 25th August 2025 Ahead of the 2025/2026 academic year which begins in less than a week, Sierra Leonean students on government-sponsored programs in the Russian Federation have expressed deep dissatisfaction over unpaid stipends for the 2024/2025 academic year.
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