Sierra Leone finance minister details economic reforms in Forbes Africa
Karefa Ansumana Francis Kargbo discusses fiscal discipline, revenue mobilisation, and attracting foreign investment.
Sierra Leone's Minister of Finance, Karefa Ansumana Francis Kargbo, featured in Forbes Africa's October/November 2026 edition, outlined the government's economic reform agenda. He discussed achievements in macroeconomic stability and plans to attract foreign investment, strengthen public financial management, and foster sustainable economic growth.
In an interview titled “Securing Stability and Unlocking Sierra Leone’s Potential,” Kargbo, who took office in August 2026, highlighted fiscal discipline, domestic revenue mobilisation, international financial cooperation, and private sector development. He noted that the budget deficit narrowed and the primary fiscal balance shifted from a deficit to a surplus.
The minister also reported that inflation declined to single digits in April 2025, falling to 4.4 percent by December 2025, attributing this to fiscal and monetary policy. Sierra Leone continues its engagement with the International Monetary Fund through the Extended Credit Facility.
Why it mattersThe Finance Minister's interview in Forbes Africa details the government's strategy for economic growth and stability, affecting businesses and investors.