{"id":27804,"date":"2024-01-28T17:05:14","date_gmt":"2024-01-28T17:05:14","guid":{"rendered":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/world-bank-projects-4-3-growth-for-sierra-leone-economy-in-2025"},"modified":"2024-01-28T17:49:16","modified_gmt":"2024-01-28T17:49:16","slug":"world-bank-projects-4-3-growth-for-sierra-leone-economy-in-2025","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/world-bank-projects-4-3-growth-for-sierra-leone-economy-in-2025","title":{"rendered":"World Bank Projects 4.3% Growth For Sierra Leone Economy in 2025"},"content":{"rendered":"

Africa-Press – Sierra-Leone. <\/strong><\/span>Sierra Leone\u2019s economy is expected to grow by 4.3% in 2025, according to the World Bank\u2019s latest Global Economic Prospects report. This is an upward revision from the bank\u2019s June forecast of 4.2%.<\/b><\/p>\n

The report says that the upward revision is due to \u201cmacro-fiscal reforms gradually bearing fruit.\u201d The bank also says that per capita income is expected to reach its pre-pandemic level in 2025.<\/p>\n

However, the report also notes that inflation remains a challenge in Sierra Leone. Headline consumer price inflation is forecast to be 10.5% in 2024, down from 12.5% in 2023, but still well above the government\u2019s target of 5%.<\/p>\n

The World Bank says that the high cost of living is worsening the economic hardship of the poor and increasing food insecurity across the region. In West Africa, a significant portion of the population\u2014often even the majority in countries like Burkina Faso, Chad, Guinea, Mali, Niger, and Sierra Leone\u2014has insufficient food.<\/p>\n

The bank is urging governments in the region to implement policies to reduce inflation and protect the poor. These policies could include measures to boost food production, improve social safety nets, and target subsidies to the most vulnerable.<\/p>\n

For More News And Analysis About Sierra-Leone<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Sierra-Leone. Sierra Leone\u2019s economy is expected to grow by 4.3% in 2025, according to the World Bank\u2019s latest Global Economic Prospects report. This is an upward revision from the bank\u2019s June forecast of 4.2%. The report says that the upward revision is due to \u201cmacro-fiscal reforms gradually bearing fruit.\u201d The bank also says […]<\/p>\n","protected":false},"author":84,"featured_media":27802,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[291,293,292],"class_list":["post-27804","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-sierra-leone","tag-sierra-leone"],"yoast_head":"\nWorld Bank Projects 4.3% Growth For Sierra Leone Economy in 2025 - Sierra Leone<\/title>\n<meta name=\"description\" content=\"Sierra Leone\u2019s economy is expected to grow by 4.3% in 2025, according to the World Bank\u2019s latest Global Economic Pros ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/world-bank-projects-4-3-growth-for-sierra-leone-economy-in-2025\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"World Bank Projects 4.3% Growth For Sierra Leone Economy in 2025\" \/>\n<meta property=\"og:description\" content=\"Sierra Leone\u2019s economy is expected to grow by 4.3% in 2025, according to the World Bank\u2019s latest Global Economic Pros ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/world-bank-projects-4-3-growth-for-sierra-leone-economy-in-2025\" \/>\n<meta property=\"og:site_name\" content=\"Sierra Leone\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-28T17:05:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-28T17:49:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/sierra-leone\/sites\/16\/2024\/01\/sm_1706451487.954436.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"570\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/world-bank-projects-4-3-growth-for-sierra-leone-economy-in-2025#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/world-bank-projects-4-3-growth-for-sierra-leone-economy-in-2025\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"World Bank Projects 4.3% Growth For Sierra Leone Economy in 2025\",\"datePublished\":\"2024-01-28T17:05:14+00:00\",\"dateModified\":\"2024-01-28T17:49:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/world-bank-projects-4-3-growth-for-sierra-leone-economy-in-2025\"},\"wordCount\":210,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/world-bank-projects-4-3-growth-for-sierra-leone-economy-in-2025#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/sierra-leone\/sites\/16\/2024\/01\/sm_1706451487.954436.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Sierra-Leone\",\"Sierra-Leone\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/world-bank-projects-4-3-growth-for-sierra-leone-economy-in-2025#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/world-bank-projects-4-3-growth-for-sierra-leone-economy-in-2025\",\"url\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/world-bank-projects-4-3-growth-for-sierra-leone-economy-in-2025\",\"name\":\"World Bank Projects 4.3% Growth For Sierra Leone Economy in 2025 - 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