In November the IMF agreed a new $172 million loan programme with Sierra Leone, spread over the next 3 and a half years, until mid-2022. At the same time, the IMF increased its rating of Sierra Leone’s risk of debt default from moderate to high. The West African country has become heavily indebted due to the Ebola crisis of 2014. Following international campaigning, including by Jubilee Debt Campaign, the IMF agreed to cancel $29 million of Sierra Leone’s debt payments coming due in 2015 and 2016 in response to Ebola.

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