Category: Business & Finance

Freetown, Sierra Leone, 27th October 2025-Orange Sierra Leone has once again demonstrated its pivotal role in driving economic transformation, injecting a staggering NLe1.779 billion into the national economy in 2024 through a combination of direct fiscal contributions and strategic local supplier engagement.

Freetown, 20th October 2025- Sierra Leone’s domestic revenue collection rose by 19.7% in the first half of FY2025, reaching NLe8.98 billion, up from NLe7.50 billion in the same period last year. The increase, which represents 4.6% of GDP, reflects the impact of new revenue measures rolled out by the government to boost fiscal performance. However, a shortfall in the first quarter has tempered the overall momentum.

Freetown, 20th October 2025- Sierra Leone’s fiscal performance for the first half of 2025 shows notable growth in revenue and grants, but also a shortfall against budgeted expectations. According to figures from the Budget Bureau and the National Revenue Authority (NRA), total revenue and grants reached NLe11.12 billion between January and June 2025, representing 5.8% of GDP. While this marks a year-on-year increase from FY2024 actuals, it falls short of the NLe12.98 billion budgeted for the same period, 6.7% of GDP.

Freetown, 20th October 2025- Sierra Leone’s fiscal posture for the first half of FY2025 reflects bold spending ambitions amid rising domestic revenue, but also a widening budget deficit. According to figures released by the Budget Bureau, government expenditure and net lending surged to NLe17.74 billion, marking a 57% increase from the NLe11.28 billion allocated in the same period last year.

World Bank Budget Support to Sierra Leone Plummets, US$100 M TO US$40 million in 2024 and $0 in 2025