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Since the end of the civil war in 2002, the Government has made significant progress towards achieving peace and stability through an ambitious reform program with a view to benefiting from this untapped potential; attraction of foreign direct investment (FDI) has become a central element of the national development strategy. In spite of the progress achieved, the country continues to bear the impact of the war, with weak economic performance, human capital shortages, deficient infrastructure network and poor image. Mindful of the fact that the experience of post-conflict countries shows that the hard-found peace is often fragile, concrete policies are required to generate employment and improve living conditions. In this regard, this review takes note of the open and favorable FDI regulatory regime and of the guarantee against expropriation. The review stresses however that the government policy should target the negotiations of a more comprehensive bilateral investment treaty and double taxation treaty network to boost the country's FDI attractiveness. It outlines the elements of a strategy to stimulate investment while urging the international community to continue supporting the peace and economic reform processes in Sierra Leone: 1. tackling infrastructure deficiencies; 2. building human capital; 3. establishing a competitive and effective fiscal regime; 4. facilitating business and trade; 5. promoting and facilitating FDI; and 6. targeting investment in selected sectors.--Publisher's description

Investments, Foreign --- Sierra Leone --- Economic policy --- Commercial policy --- Economic policy. --- Commercial policy. --- E-books --- Finance --- Business & Economics --- Investment & Speculation --- Capital exports --- Capital imports --- FDI (Foreign direct investment) --- Foreign direct investment --- Foreign investment --- Foreign investments --- International investment --- Offshore investments --- Outward investments --- Capital movements --- Investments --- S'erra Leone --- Serra Leôa --- Republic of Sierra Leone --- Republik Sierra Leone --- Sierra Leona --- República de Sierra Leona --- République de Sierra Leone --- Repubblica della Sierra Leone --- Сьерра-Леоне --- Республика Сьерра-Леоне --- Respublika Sʹerra-Leone --- Republika ng Sierra Leone --- Cộng hòa Sierra Leone --- Xi-ê-ra Lê-ôn --- 塞拉利昂 --- Sailali'ang --- Saila Li'ang --- シエラレオネ --- Shierareone --- シエラ・レオネ --- Shiera Reone --- Investments, Foreign - Sierra Leone --- Sierra Leone - Economic policy --- Sierra Leone - Commercial policy

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This paper discusses key findings of the Fifth Review Under the Poverty Reduction and Growth Facility Arrangement for Sierra Leone. Program performance in the first half of 2009 was satisfactory. All end-June quantitative performance criteria were met, as were all end-June structural benchmarks, although one with a delay. One of the two structural benchmarks for September 2009 was met, while the other was missed. Fiscal policy for the remainder of 2009 will aim to keep domestic revenue collection on track while containing unanticipated spending pressures.

Economic development --- Fiscal policy --- International Monetary Fund --- Sierra Leone --- Economic conditions. --- Economic conditions --- Tax policy --- Taxation --- Economic policy --- Finance, Public --- Development, Economic --- Economic growth --- Growth, Economic --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Government policy --- Internationaal monetair fonds --- International monetary fund --- S'erra Leone --- Serra Leôa --- Republic of Sierra Leone --- Republik Sierra Leone --- Sierra Leona --- República de Sierra Leona --- République de Sierra Leone --- Repubblica della Sierra Leone --- Сьерра-Леоне --- Республика Сьерра-Леоне --- Respublika Sʹerra-Leone --- Republika ng Sierra Leone --- Cộng hòa Sierra Leone --- Xi-ê-ra Lê-ôn --- 塞拉利昂 --- Sailali'ang --- Saila Li'ang --- シエラレオネ --- Shierareone --- シエラ・レオネ --- Shiera Reone --- Banks and Banking --- Exports and Imports --- Foreign Exchange --- Public Finance --- Social Services and Welfare --- International Lending and Debt Problems --- Debt --- Debt Management --- Sovereign Debt --- National Government Expenditures and Related Policies: General --- Trade: General --- International economics --- Public finance & taxation --- Currency --- Foreign exchange --- Banking --- Social welfare & social services --- External debt --- Public debt --- Debt sustainability analysis --- Imports --- International trade --- International reserves --- Central banks --- Debts, External --- Debts, Public --- Foreign exchange reserves