Category: Business & Finance

FY2025 Mid-Year Report Shows Sierra Leone Overspends on Core Services

The FY2025 first-half report paints a picture of uneven fiscal execution, where some sectors are stretched beyond their limits while others remain under-resourced. As the government prepares its second-half allocations, stakeholders are calling for a more balanced approach, one that aligns spending with strategic priorities, institutional needs, and public expectations.

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Domestic Revenue Up 20%: But Q1 Shortfall Affects Growth

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.

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