Category: Business & Finance

Bank of Sierra Leone Holds Policy Rate at 16.75% Amid Rising Inflation and Global Uncertainty

Freetown, 7th April 2026 — The Bank of Sierra Leone has kept its benchmark Monetary Policy Rate (MPR) unchanged at 16.75 percent, following a meeting of the Monetary Policy Committee (MPC) chaired by Governor Dr. Ibrahim L. Stevens on March 26, 2026. The decision, approved by the Bank’s Board of Directors on March 27, comes as inflationary pressures mount at home and global economic conditions grow increasingly fragile.

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WFP: Food Insecurity Declines from 28% in 2023 to 13% in 2025

Freetown, 30th March 2026- Sierra Leone’s food security profile is shifting, with new data showing a significant decline in the proportion of households facing severe hunger. According to the Food Security Monitoring System survey (July 2025), the share of severely food-insecure households dropped from 28 percent in 2023 to 13 percent in 2025, a 15 percentage-point reduction, effectively cutting the figure by more than half.

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