Freetown, 10th November 2025- Sierra Leone continues to face structural challenges in its business environment, ranking below several regional peers in key areas of insolvency resolution, financial services, and market competitiveness, according to the World Bank’s October 2025 edition of the Sierra Leone Economic Update (SLEU).
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Freetown, 10th November 2025- Sierra Leone’s domestic revenue collection surged in 2024, reaching 9.2 percent of GDP, a notable increase of 1.8 percentage points from the previous year. The rise reflects a combination of tax policy reforms, improved enforcement, and strategic one-off payments, according to the latest fiscal analysis.
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Freetown, 10th November 2025- Sierra Leone’s energy sector is emerging as a major fiscal risk, with the Electricity Distribution and Supply Authority (EDSA) continuing to accumulate losses despite rising government subsidies.
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Freetown, 10th November 2025- Sierra Leone’s public debt composition is undergoing a dramatic shift, with short-term domestic borrowing now accounting for a significant share of the country’s fiscal obligations, raising alarm bells over sustainability and long-term risk.
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Freetown, 10th November, 2025- As the Intergovernmental Negotiations for the United Nations Framework Convention on International Tax Cooperation begin today, the Budget Advocacy Network (BAN) Sierra Leone is calling for urgent reforms to global tax rules that it says unfairly disadvantage resource-rich countries like Sierra Leone.
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