The International Monetary Fund (IMF) reported on Monday, June 5, that the IMF's board of directors has disbursed approximately $20.7 million as part of the sixth and seventh reviews under the Extended Credit Facility (ECF) agreement for Sierra Leone.

Bo Li, Deputy Managing Director of the IMF, said that the key to the success of the Extended Credit Facility (ECF) program is to build resilience and lay the foundations for stronger growth by consolidating public finances and addressing debt vulnerabilities, while supporting the more vulnerable. For their part, the Sierra Leonean authorities have requested an extension of the programme until next November, in order to continue building on the recent reforms and to achieve the