Sierra Leone (2008) | Sierra Leone (2007) | |
Background | Democracy is slowly being reestablished after the civil war from 1991 to 2002 that resulted in tens of thousands of deaths and the displacement of more than 2 million people (about one-third of the population). The military, which took over full responsibility for security following the departure of UN peacekeepers at the end of 2005, is increasingly developing as a guarantor of the country's stability. The armed forces remained on the sideline during the 2007 presidential election, but still look to the UN Integrated Office in Sierra Leone (UNIOSIL) - a civilian UN mission - to support efforts to consolidate peace. The new government's priorities include furthering development, creating jobs, and stamping out endemic corruption. | The government is slowly reestablishing its authority after the civil war from 1991 to 2002 that resulted in tens of thousands of deaths and the displacement of more than 2 million people (about one-third of the population). The last UN peacekeepers withdrew in December 2005 leaving full responsibility for security with domestic forces. A new civilian UN mission - the UN Integrated Office in Sierra Leone (UNIOSIL) - was established to support the government's efforts to consolidate peace. The most pressing long-term threat to stability in Sierra Leone is the potential for political insecurity surrounding elections in July 2007. |
Diplomatic representation in the US | chief of mission: Ambassador (vacant); Charge d'Affaires Hassan M. CONTECH
chancery: 1701 19th Street NW, Washington, DC 20009 telephone: [1] (202) 939-9261 through 9263 FAX: [1] (202) 483-1793 |
chief of mission: Ambassador Ibrahim M. KAMARA
chancery: 1701 19th Street NW, Washington, DC 20009 telephone: [1] (202) 939-9261 through 9263 FAX: [1] (202) 483-1793 |
Economy - overview | Sierra Leone is an extremely poor nation with tremendous inequality in income distribution. While it possesses substantial mineral, agricultural, and fishery resources, its physical and social infrastructure is not well developed, and serious social disorders continue to hamper economic development. Nearly half of the working-age population engages in subsistence agriculture. Manufacturing consists mainly of the processing of raw materials and of light manufacturing for the domestic market. Alluvial diamond mining remains the major source of hard currency earnings accounting for nearly half of Sierra Leone's exports. The fate of the economy depends upon the maintenance of domestic peace and the continued receipt of substantial aid from abroad, which is essential to offset the severe trade imbalance and supplement government revenues. The IMF has completed a Poverty Reduction and Growth Facility program that helped stabilize economic growth and reduce inflation. A recent increase in political stability has led to a revival of economic activity such as the rehabilitation of bauxite and rutile mining. | Sierra Leone is an extremely poor nation with tremendous inequality in income distribution. While it possesses substantial mineral, agricultural, and fishery resources, its economic and social infrastructure is not well developed, and serious social disorders continue to hamper economic development. Nearly half of the working-age population engages in subsistence agriculture. Manufacturing consists mainly of the processing of raw materials and of light manufacturing for the domestic market. Alluvial diamond mining remains the major source of hard currency earnings accounting for nearly half of Sierra Leone's exports. The fate of the economy depends upon the maintenance of domestic peace and the continued receipt of substantial aid from abroad, which is essential to offset the severe trade imbalance and supplement government revenues. The IMF has completed a Poverty Reduction and Growth Facility program that helped stabilize economic growth and reduce inflation. A recent increase in political stability has led to a revival of economic activity such as the rehabilitation of bauxite and rutile mining. |
Exchange rates | leones per US dollar - NA (2007), 2,961.7 (2006), 2,889.6 (2005), 2,701.3 (2004), 2,347.9 (2003) | leones per US dollar - 2,961.7 (2006), 2,889.6 (2005), 2,701.3 (2004), 2,347.9 (2003), 2,099 (2002) |
Exports | 431.1 bbl/day (2004) | NA bbl/day |
GDP - real growth rate | 6.8% (2007 est.) | 7.1% (2006 est.) |
Imports | 8,864 bbl/day (2004) | NA bbl/day |
International organization participation | ACP, AfDB, AU, C, ECOWAS, FAO, G-77, IAEA, IBRD, ICAO, ICCt, ICRM, IDA, IDB, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, ITU, ITUC, MIGA, NAM, OIC, OPCW, UN, UNCTAD, UNESCO, UNIDO, UNMIT, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO | ACP, AfDB, AU, C, ECOWAS, FAO, G-77, IAEA, IBRD, ICAO, ICCt, ICRM, IDA, IDB, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, ITU, ITUC, MIGA, NAM, OIC, OPCW, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO |
Telephone system | general assessment: marginal telephone service
domestic: the national microwave radio relay trunk system connects Freetown to Bo and Kenema international: country code - 232; satellite earth station - 1 Intelsat (Atlantic Ocean) (2000) |
general assessment: marginal telephone and telegraph service
domestic: the national microwave radio relay trunk system connects Freetown to Bo and Kenema international: country code - 232; satellite earth station - 1 Intelsat (Atlantic Ocean) (2000) |