Publication:
Sierra Leone Economic Update 2023: Enhancing Value Chains to Boost Food Security

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dc.contributor.authorWorld Bank
dc.date.accessioned2023-11-08T19:16:02Z
dc.date.available2023-11-08T19:16:02Z
dc.date.issued2023-11-08
dc.description.abstractSierra Leone’s economy experienced overlapping setbacks during 2022, as external spillovers from the Russian invasion of Ukraine aggravated domestic macroeconomic vulnerabilities. This led to high levels of inflation, a substantially weaker currency, greater imbalances in public finances, and lower foreign exchange reserves. GDP growth slowed in 2022 (from 4.1 percent in 2021 to 3.5 percent) bringing the average GDP growth since the onset of the COVID-19 pandemic to only around half of the pre-pandemic trend. High global energy and fertilizer prices coupled with a weaker currency translated into accelerating inflation which rose from 12percent in 2021 to 27 percent in 2022, and further to over 50 percent by August 2023, threatening the welfare of households and worsening food insecurity and poverty.en
dc.identifierhttp://documents.worldbank.org/curated/en/099129110242318576/IDU06c24816805aaa04d28098bc015c2cdf495af
dc.identifier.doi10.1596/40586
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/40586
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectFOOD SECURITY
dc.subjectFOOD SYSTEMS
dc.subjectSTABILITY
dc.subjectVALUE CHAINS
dc.titleSierra Leone Economic Update 2023en
dc.title.subtitleEnhancing Value Chains to Boost Food Securityen
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleSierra Leone Economic Update 2023: Enhancing Value Chains to Boost Food Security
okr.date.disclosure2023-11-08
okr.date.doiregistration2025-04-25T02:24:25.054119Z
okr.date.lastmodified2023-10-24T00:00:00Zen
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.docurlhttp://documents.worldbank.org/curated/en/099129110242318576/IDU06c24816805aaa04d28098bc015c2cdf495af
okr.guid099129110242318576
okr.identifier.docmidIDU-6c248168-5aaa-4d28-98bc-15c2cdf495af
okr.identifier.doihttp://dx.doi.org/10.1596/40586
okr.identifier.externaldocumentum34184944
okr.identifier.internaldocumentum34184944
okr.identifier.report185461
okr.import.id2255
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099129110242318576/pdf/IDU06c24816805aaa04d28098bc015c2cdf495af.pdfen
okr.region.administrativeAfrica Western and Central (AFW)
okr.region.countrySierra Leone
okr.sectorCentral Government (Central Agencies)
okr.themePublic Expenditure Management,Job Creation,Economic Policy,Public Finance Management,Economic Growth and Planning,Private Sector Development,Public Sector Management,Jobs,Macroeconomic & Structural Policy Modelling
okr.topicHealth, Nutrition and Population::Food & Nutrition Policy
okr.topicFinance and Financial Sector Development::Access to Finance
okr.unitEFI-AFR2-MTI-MacroFiscal-2 (EAWM2)
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