“To alleviate this impact, fund the Quick Action Economic Response Programme, the Health Programme and the Social Impact Programme the Government is seeking: Additional emergency support from the IMF, including one or more of the following options:
– Augmentation of the current allocation under the Extended Credit Facility Programme with the International Monetary Fund.
“Our collective efforts to successful fund and implement the Quick Action Economic Response Plan, and complementary Health and Social Impact Plans will help Sierra Leone succeed in the fight against the COVID-19 pandemic.
To mitigate the economic impact of the COVID-19 shock on businesses, households and to maintain macro-economic and financial stability, the Government of Sierra Leone has developed a short-term Quick Action Economic Response Programme (QAERP).
For this scenario, the total cost of the Quick Action Economic Response Programme plus the Health Response under this scenario, therefore, amounts to US$304.1 with a financing gap of US$234 million.
The goal is to succeed in the health, economic and social fight against the COVID-19 outbreak and return to the growth path needed to ensure the delivery of our Medium-Term National Development Plan and His Excellency President Julius Maada Bio’s Priority Human Capital Development Portfolio.
