ࡱ> 5@ bjbj22 XXfffff|ȦLil ssssuuuGIIIIII$Rܪvmԉiu"uԉԉmssjjjԉ ssGjԉGjjVY@s@i @fމ 40Ȧ RxR:R(uk{2j\uuummDX\$ ` \Ministry of Foreign Affairs (2) International Monetary Fund (IMF)  HYPERLINK "http://www.imf.org/" http://www.imf.org/ About the IMF 700 19th St. NW, Washington, DC 20431 The IMF is an international organization of 184 member countries. It was established to promote international monetary cooperation, exchange stability, and orderly exchange arrangements; to foster economic growth and high levels of employment; and to provide temporary financial assistance to countries to help ease balance of payments adjustment. Since the IMF was established its purposes have remained unchanged but its operationswhich involve  HYPERLINK "http://www.imf.org/external/np/exr/facts/surv.htm" surveillance,  HYPERLINK "http://www.imf.org/external/np/exr/facts/howlend.htm" financial assistance, and  HYPERLINK "http://www.imf.org/external/np/exr/facts/tech.htm" technical assistancehave developed to meet the changing needs of its member countries in an evolving world economy. Growth in IMF Membership, 1945 - 2003 (number of countries)  INCLUDEPICTURE "http://www.imf.org/external/images/about.gif" \* MERGEFORMATINET  Article I - Purposes The purposes of the International Monetary Fund are: (i) To promote international monetary cooperation through a permanent institution which provides the machinery for consultation and collaboration on international monetary problems. (ii) To facilitate the expansion and balanced growth of international trade, and to contribute thereby to the promotion and maintenance of high levels of employment and real income and to the development of the productive resources of all members as primary objectives of economic policy. (iii) To promote exchange stability, to maintain orderly exchange arrangements among members, and to avoid competitive exchange depreciation. (iv) To assist in the establishment of a multilateral system of payments in respect of current transactions between members and in the elimination of foreign exchange restrictions which hamper the growth of world trade. (v) To give confidence to members by making the general resources of the Fund temporarily available to them under adequate safeguards, thus providing them with opportunity to correct maladjustments in their balance of payments without resorting to measures destructive of national or international prosperity. (vi) In accordance with the above, to shorten the duration and lessen the degree of disequilibrium in the international balances of payments of members. The Fund shall be guided in all its policies and decisions by the purposes set forth in this Article The IMF at a Glance The International Monetary Fund was created in 1945 to help promote the health of the world economy. Headquartered in Washington, it is governed by and accountable to the governments of the 184 countries that make up its near-global membership.  What is the International Monetary Fund? The International Monetary Fundalso known as the IMF or the Fundwas conceived at a United Nations conference convened in Bretton Woods, New Hampshire, U.S. in July 1944. The 45 governments represented at that conference sought to build a framework for economic cooperation that would avoid a repetition of the disastrous economic policies that had contributed to the Great Depression of the 1930s. Fast Facts on the IMF Current membership: 184 countries Staff: approximately 2,680 from 139 countries Total Quotas: $312 billion (as of 8/31/05) Loans outstanding: $71 billion to 82 countries, of which $10 billion to 59 on concessional terms (as of 8/31/05) Technical Assistance provided: 381 person years during FY2005 Surveillance consultations concluded: 129 countries during FY2005, of which 118 voluntarily published information on their consultation.Article I of the  HYPERLINK "http://www.imf.org/external/pubs/ft/aa/index.htm" Articles of Agreement sets out the IMF's main responsibilities: promoting international monetary cooperation; facilitating the expansion and balanced growth of international trade; promoting exchange stability; assisting in the establishment of a multilateral system of payments; and making its resources available (under adequate safeguards) to members experiencing balance of payments difficulties. IMF activities More generally, the IMF is responsible for ensuring the stability of the international monetary and financial systemthe system of international payments and exchange rates among national currencies that enable trade to take place between countries. The Fund seeks to promote economic stability and prevent crises; to help resolve crises when they do occur; and to promote growth and alleviate poverty. It employs three main functionssurveillance, technical assistance, and lendingto meet these objectives. The IMF works to  HYPERLINK "http://www.imf.org/external/np/exr/facts/globstab.htm" promote global growth and economic stabilityand thereby prevent economic crisisby encouraging countries to adopt sound economic policies.  HYPERLINK "http://www.imf.org/external/np/exr/facts/surv.htm" Surveillance is the regular dialogue and policy advice that the IMF offers to each of its members. Generally once a year, the Fund conducts in-depth appraisals of each member country's economic situation. It discusses with the country's authorities the policies that are most conducive to stable exchange rates and a growing and prosperous economy. Members have the option to publish the Fund's assessment, and the overwhelming majority of countries opt for  HYPERLINK "http://www.imf.org/external/np/exr/facts/transpar.htm" transparency, making extensive information on bilateral surveillance available to the public. The IMF also combines information from individual consultations to form assessments of global and regional developments and prospects. These views on the IMF's multilateral surveillance are published twice each year in the  HYPERLINK "http://www.imf.org/external/pubs/ft/weo/weorepts.htm" World Economic Outlook and the  HYPERLINK "http://www.imf.org/external/pubs/ft/gfsr/index.htm" Global Financial Stability Report.  HYPERLINK "http://www.imf.org/external/np/exr/facts/tech.htm" Technical assistance and training are offeredmostly free of chargeto help member countries strengthen their capacity to design and implement effective policies. Technical assistance is offered in several areas, including fiscal policy, monetary and exchange rate policies, banking and financial system supervision and regulation, and statistics. In the event that member countries do experience difficulties financing their balance of payments, the IMF is also a fund that can be tapped to  HYPERLINK "http://www.imf.org/external/np/exr/facts/crises.htm" help in recovery.  HYPERLINK "http://www.imf.org/external/np/exr/facts/howlend.htm" Financial assistance is available to give member countries the breathing room they need to correct balance of payments problems. A policy program supported by IMF financing is designed by the national authorities in close cooperation with the IMF, and continued financial support is conditional on effective implementation of this program. The IMF is also actively working to  HYPERLINK "http://www.imf.org/external/np/exr/facts/poor.htm" reduce poverty in countries around the globe, independently and in collaboration with the World Bank and other organizations. The IMF provides financial support through its concessional lending facilitythe  HYPERLINK "http://www.imf.org/external/np/exr/facts/prgf.htm" Poverty Reduction and Growth Facility (PRGF)and through debt relief under the  HYPERLINK "http://www.imf.org/external/np/exr/facts/hipc.htm" Heavily Indebted Poor Countries (HIPC) Initiative. In most low-income countries, this support is underpinned by  HYPERLINK "http://www.imf.org/external/np/exr/facts/prsp.htm" Poverty Reduction Strategy Papers (PRSP). These papers are prepared by country authoritiesin consultation with civil society and external development partnersto describe a comprehensive economic, structural and social policy framework that is being implemented to promote growth and reduce poverty in the country. IMF governance and organization The IMF is accountable to the governments of its member countries. At the apex of its  HYPERLINK "http://www.imf.org/external/np/obp/orgcht.htm" organizational structure is its  HYPERLINK "http://www.imf.org/external/np/sec/memdir/members.htm" Board of Governors, which consists of one Governor from each of the IMF's 184 member countries. All Governors meet once each year at the IMF-World Bank Annual Meetings; 24 of the Governors sit on the International Monetary and Finance Committee (IMFC) and meet twice each year. The day-to-day work of the IMF is conducted at its Washington DC headquarters by its 24-member  HYPERLINK "http://www.imf.org/external/np/sec/memdir/eds.htm" Executive Board; this work is guided by the IMFC and supported by the IMF's professional staff. The Managing Director is Head of  HYPERLINK "http://www.imf.org/external/np/sec/memdir/officers.htm" IMF staff and Chairman of the Executive Board, and is assisted by three Deputy Managing Directors. The IMF's  HYPERLINK "http://www.imf.org/external/np/exr/facts/finfac.htm" resources are provided by its member countries, primarily through payment of  HYPERLINK "http://www.imf.org/external/np/exr/facts/quotas.htm" quotas, which broadly reflect each country's economic size. The total amount of quotas is the most important factor determining the IMF's lending capacity. The annual expenses of running the Fund are met mainly by the difference between interest receipts (on outstanding loans) and interest payments (on quota deposits). The work of the IMF is of three main types.  HYPERLINK "http://www.imf.org/external/np/exr/facts/surv.htm" Surveillance involves the monitoring of economic and financial developments, and the provision of policy advice, aimed especially at crisis-prevention. The IMF also  HYPERLINK "http://www.imf.org/external/np/exr/facts/howlend.htm" lends to countries with balance of payments difficulties, to provide temporary financing and to support policies aimed at correcting the underlying problems; loans to low-income countries are also aimed especially at poverty reduction. Third, the IMF provides countries with  HYPERLINK "http://www.imf.org/external/np/exr/facts/tech.htm" technical assistance and training in its areas of expertise. Supporting all three of these activities is IMF work in economic  HYPERLINK "http://www.imf.org/external/pubs/res/index.htm" research and  HYPERLINK "http://www.imf.org/external/np/sta/index.htm" statistics. In recent years, as part of its efforts to strengthen the international financial system, and to enhance its effectiveness at preventing and resolving crises, the IMF has applied both its surveillance and technical assistance work to the development of  HYPERLINK "http://www.imf.org/external/standards/index.htm" standards and codes of good practice in its areas of responsibility, and to the strengthening of  HYPERLINK "http://www.imf.org/external/np/fsap/fsap.asp" financial sectors. Strengthening the International Financial System Transparency HYPERLINK "http://www.imf.org/external/np/exr/facts/transpar.htm" Transparency at the IMF -- A Fact sheet Standards and Codes HYPERLINK "http://www.imf.org/external/standards/index.htm" Standards and Codes - Internationally recognized standards and codes in 12 areas   HYPERLINK "http://dsbb.imf.org/" Data Standards Established to guide countries in the provision of their economic and financial data to the public   HYPERLINK "http://www.imf.org/external/np/fad/trans/index.htm" Fiscal Transparency Facilitates surveillance of economic policies by country authorities, financial markets, and international institutions   HYPERLINK "http://www.imf.org/external/np/mae/mft/index.htm" Transparency in Monetary & Financial Policies Principles related to transparency for monetary and financial policies that central banks and financial agencies should seek to achieve   HYPERLINK "http://www.imf.org/external/np/rosc/rosc.asp" Reports on the Observance of Standards and Codes (ROSCs) Summarize the extent to which countries observe certain internationally recognized standards and codes Financial Sector HYPERLINK "http://www.imf.org/external/np/fsap/fsap.asp" Financial Sector Assessment Program (FSAP)   HYPERLINK "http://www.imf.org/external/np/ofca/ofca.asp" Assessments of Offshore Financial Centres (OFCs)   HYPERLINK "http://www.imf.org/external/np/exr/facts/aml.htm" Anti-Money Laundering Crisis Resolution HYPERLINK "http://www.imf.org/external/np/exr/facts/crises.htm" How the IMF Helps to Resolve Economic Crises A Fact sheet   HYPERLINK "http://www.imf.org/external/np/pdr/cr/2003/eng/120903.htm" Trade Finance in Financial Crises: Assessment of Key Issues   HYPERLINK "http://www.imf.org/external/np/exr/facts/sdrm.htm" Sovereign Debt Restructuring, A Fact sheet  Technical Assistance The objective of IMF technical assistance, as described in its  HYPERLINK "http://www.imf.org/external/pubs/ft/aa/index.htm" Articles of Agreement, is to contribute to the development of the productive resources of member countries by enhancing the effectiveness of economic policy and financial management. In practice, the IMF fulfils this objective by helping countries build up their human and institutional capacity to design and implement effective macroeconomic and structural policies, put in place reforms that strengthen their financial sectors, and reduce vulnerability to crises.Who benefits from IMF technical assistance? Technical assistance is one of the benefits of IMF membership. It is normally provided free of charge to any requesting member country, within IMF resource constraints. About three-quarters of IMF technical assistance goes to low and lower-middle income countries, particularly in sub-Saharan Africa and Asia. Post-conflict countries are also major beneficiaries, with Timor-Leste, the Democratic Republic of Congo, Iraq, and Afghanistan among the top recipients in recent years. A wide range of other countries seek technical assistance to strengthen their capacities. In helping individual countries reduce weaknesses and vulnerabilities, technical assistance also contributes to a more robust and stable global economy. In what areas does the IMF provide technical assistance? The IMF provides technical assistance in its  HYPERLINK "http://www.imf.org/external/pubs/ft/psta/index.htm" \l "annex" areas of expertise, namely: macroeconomic policy, tax policy and revenue administration, expenditure management, monetary policy, the exchange rate system, financial sector sustainability, and macroeconomic and financial statistics. Since demand for technical assistance far exceeds supply, the IMF gives priority to providing assistance where it complements and enhances the IMFs other key forms of assistance,  HYPERLINK "http://www.imf.org/external/np/exr/facts/surv.htm" surveillance and  HYPERLINK "http://www.imf.org/external/np/exr/facts/howlend.htm" lending. The IMFs efforts to strengthen the international financial system have precipitated additional demands for technical assistance. For example, countries have asked for help to address financial sector weaknesses identified within the framework of the joint IMF-World Bank  HYPERLINK "http://www.imf.org/external/np/fsap/fsap.asp" Financial Sector Assessment Program; adopt and adhere to international  HYPERLINK "http://www.imf.org/external/np/exr/facts/sc.htm" standards and codes for financial, fiscal, and statistical management; implement recommendations from  HYPERLINK "http://www.imf.org/external/np/ofca/ofca.asp" off-shore financial centres assessments; and strengthen measures to  HYPERLINK "http://www.imf.org/external/np/exr/facts/aml.htm" combat money laundering and the financing of terrorism. At the same time, there is a continuing demand for technical assistance to help low-income countries build capacity to design and implement poverty-reducing and growth programs, and to help  HYPERLINK "http://www.imf.org/external/np/exr/facts/hipc.htm" heavily indebted poor countries undertake debt sustainability analyses and manage debt-reduction programs. The IMF also contributes actively to the  HYPERLINK "http://www.integratedframework.org/" Integrated Framework for trade-related technical assistance, which aims to assist the low-income countries expand their participation in the global economy. How is technical assistance provided? The IMF attaches great importance to country ownership. The recipient country is fully involved in the entire process of technical assistance, from identification of need, to implementation, monitoring, and evaluation. The IMF delivers technical assistance in various ways. Support is often provided through short staff missions of limited duration sent from headquarters, the placement of experts and/or resident advisors for periods ranging from a few weeks to a few years (if the intention is to field a long-term advisor, countries may be asked to make a financial or in-kind contribution). Assistance might also be provided in the form of technical and diagnostic reports, training courses, seminars, workshops, and on-line advice and support. The IMF has increasingly adopted a regional approach to the delivery of technical assistance and training. It operates five  HYPERLINK "http://www.imf.org/external/np/exr/facts/afritac.htm" regional technical assistance centres, in the Pacific, the Caribbean, East and West Africa, and in the Middle East. In addition to training offered at the  HYPERLINK "http://www.imf.org/external/np/ins/english/about.htm" IMF Institute in Washington D.C., the IMF also offers courses, workshops, and seminars for country officials through a network of six HYPERLINK "http://www.imf.org/external/np/ins/english/region.htm"  regional training institutes and programs. How is technical assistance paid for? IMF technical assistance is financed from both internal and external sources. The IMF finances directly technical assistance delivery, supervision, administrative, and other overhead costs; and this accounts for about one-fourth of its total net administrative budget. The IMF also administers funding provided by bilateral and multilateral donors. Such cooperation and resource sharing has two benefits: it leverages the resources available for technical assistance, and it helps avoid duplication of advice. Bilateral donors include Australia, Austria, Brazil, Canada, China, Denmark, Finland, France, Germany, India, Ireland, Italy, Japan, the Republic of Korea, Luxembourg, the Netherlands, New Zealand, Norway, Portugal, Russia, Singapore, Sweden, Switzerland, the United Kingdom, and the United States. Multilateral donors include the African Development Bank, the Arab Monetary Fund, the Asian Development Bank, the European Commission, the Inter-American Development Bank, the United Nations, the United Nations Development Program (UNDP), and the World Bank. In FY 2005, external financing accounted for approximately a quarter of the IMFs total technical assistance and training activities, with Japan being the most generous donor. How has technical assistance evolved? Measures have been undertaken since 1999 to strengthen the effectiveness of IMF technical assistance, particularly through integrating it more closely with surveillance and lending programs; reinforcing coordination with other providers, especially the World Bank; improving modalities of delivery, especially through the establishment of regional centres; strengthening the monitoring and  HYPERLINK "http://www.imf.org/external/np/ta/2004/eng/030104.htm" evaluation of technical assistance programs; and promoting the dissemination of information on those programs more widely. A  HYPERLINK "http://www.imf.org/external/np/ieo/2005/ta/eng/013105.htm" January 2005 review of technical assistance by the IMFs  HYPERLINK "http://www.imf.org/external/np/ieo/index.htm" Independent Evaluation Office (IEO) also yielded operational recommendations, such as a more medium-term perspective in setting technical assistance priorities. In July 2005, the Executive Board of the IMF endorsed proposals by a staff Task Force to implement the IEO's main recommendations. Sierra Leone and the IMF Sierra Leone and the IMF Updated June 14, 2005 Sierra Leone joined the IMF on September 10, 1962. The last Article IV Executive Board Consultation was on November 12, 2004. Listed below are items related to Sierra Leone, in reverse chronological order (you can also view items by category).  HYPERLINK "http://www.imf.org/external/np/sec/bc/eng/index.asp" Executive Board CalendarBoard Discussions onSierra Leone: Previous: June 1, 2005 November 12, 2004 February 23, 2004 Projected % Change  2005 2006 Real GDP 7.5 7.1 Consumer Prices 8.5 7.4 Source:  HYPERLINK "http://www.imf.org/external/pubs/ft/weo/2005/02/index.htm" World Economic Outlook (September 2005)  Please refer to more recent PIN/Staff reports on this country for possible revisions.  Financial Position in the Fund As of November 30, 2005I.Membership Status:Joined: September 10, 1962; HYPERLINK "http://www.imf.org/external/pubs/ft/aa/aa08.htm" Article VIII II.General Resources Account:SDR Million%Quota HYPERLINK "http://www.imf.org/external/np/tre/tad/exquota.cfm?memberKey1=850&date1key=2005%2D11%2D30&finposition_flag=YES" Quota103.70100.00 HYPERLINK "http://www.imf.org/external/np/tre/tad/exportal.cfm?memberKey1=850&date1key=2005%2D11%2D30&category=CURRHLD&finposition_flag=YES" Fund holdings of currency 103.6999.99 HYPERLINK "http://www.imf.org/external/np/tre/tad/exportal.cfm?membercode=SLE&memberKey1=850&date1key=30%2DNov%2D2005&category=RT&finposition_flag=YES" Reserve Position0.020.02 HYPERLINK "http://www.imf.org/external/np/tre/tad/exportal.cfm?memberKey1=850&date1key=2005%2D11%2D30&category=EXCHRT&finposition_flag=YES" Holdings Exchange Rate III.SDR Department:SDR Million%Allocation HYPERLINK "http://www.imf.org/external/np/tre/tad/exportal.cfm?memberKey1=850&date1key=2005%2D11%2D30&category=SDRNET&finposition_flag=YES" Net cumulative allocation17.45100.00 HYPERLINK "http://www.imf.org/external/np/tre/tad/exportal.cfm?memberKey1=850&date1key=2005%2D11%2D30&category=SDRNET&finposition_flag=YES" Holdings 23.31133.55IV. HYPERLINK "http://www.imf.org/external/np/tre/tad/extcredt1.cfm?memberKey1=850&date1key=2005%2D11%2D30&category=OUTSTAND&roption=Y&finposition_flag=YES" Outstanding Purchases and Loans:SDR Million%QuotaPRGF Arrangements 135.70130.86V. HYPERLINK "http://www.imf.org/external/np/tre/tad/extarr2.cfm?memberKey1=850&date1key=2005%2D11%2D30&finposition_flag=YES" Latest Financial Arrangements: Approval Expiration Amount Approved Amount Drawn Type Date Date (SDR Million) (SDR Million) PRGF Sep 26, 2001 Jun 25, 2005 130.84 130.84 PRGF Mar 28, 1994 May 04, 1998 101.90 96.85 SAF Mar 28, 1994 Mar 27, 1995 27.02 27.02 VI.Projected Payments to Fund(without HIPC Assistance)(SDR Million; based on existing use of resources and present holdings of SDRs): Forthcoming 2005 2006 2007 2008 2009 Principal 1.31 3.05 10.81 16.37 19.17 Charges/Interest 0.34 0.67 0.63 0.56 0.48 Total  HYPERLINK "http://www.imf.org/external/np/tre/tad/extforth.cfm?memberKey1=850&date1key=2005%2D11%2D30&category=FORTH&year=2005&trxtype=REPCHG&overforth=F&schedule=exp&finposition_flag=YES" 1.65  HYPERLINK "http://www.imf.org/external/np/tre/tad/extforth.cfm?memberKey1=850&date1key=2005%2D11%2D30&category=FORTH&year=2006&trxtype=REPCHG&overforth=F&schedule=exp&finposition_flag=YES" 3.71  HYPERLINK "http://www.imf.org/external/np/tre/tad/extforth.cfm?memberKey1=850&date1key=2005%2D11%2D30&category=FORTH&year=2007&trxtype=REPCHG&overforth=F&schedule=exp&finposition_flag=YES" 11.44  HYPERLINK "http://www.imf.org/external/np/tre/tad/extforth.cfm?memberKey1=850&date1key=2005%2D11%2D30&category=FORTH&year=2008&trxtype=REPCHG&overforth=F&schedule=exp&finposition_flag=YES" 16.93  HYPERLINK "http://www.imf.org/external/np/tre/tad/extforth.cfm?memberKey1=850&date1key=2005%2D11%2D30&category=FORTH&year=2009&trxtype=REPCHG&overforth=F&schedule=exp&finposition_flag=YES" 19.64 Projected Payments to Fund;(with Board-approved HIPC Assistance) (SDR Million; based on existing use of resources and present holdings of SDRs): Forthcoming 2005 2006 2007 2008 2009 Principal 0.04 3.05 10.81 16.37 19.17 Charges/Interest 0.34 0.67 0.63 0.56 0.48 Total  HYPERLINK "http://www.imf.org/external/np/tre/tad/extforth.cfm?memberKey1=850&date1key=2005%2D11%2D30&category=FORTH&year=2005&trxtype=REPCHG&overforth=F&schedule=obl&finposition_flag=YES" 0.39  HYPERLINK "http://www.imf.org/external/np/tre/tad/extforth.cfm?memberKey1=850&date1key=2005%2D11%2D30&category=FORTH&year=2006&trxtype=REPCHG&overforth=F&schedule=obl&finposition_flag=YES" 3.71  HYPERLINK "http://www.imf.org/external/np/tre/tad/extforth.cfm?memberKey1=850&date1key=2005%2D11%2D30&category=FORTH&year=2007&trxtype=REPCHG&overforth=F&schedule=obl&finposition_flag=YES" 11.44  HYPERLINK "http://www.imf.org/external/np/tre/tad/extforth.cfm?memberKey1=850&date1key=2005%2D11%2D30&category=FORTH&year=2008&trxtype=REPCHG&overforth=F&schedule=obl&finposition_flag=YES" 16.93  HYPERLINK "http://www.imf.org/external/np/tre/tad/extforth.cfm?memberKey1=850&date1key=2005%2D11%2D30&category=FORTH&year=2009&trxtype=REPCHG&overforth=F&schedule=obl&finposition_flag=YES" 19.64 VII.Implementation of HIPC Initiative: Enhanced I.Commitment of HIPC assistance Framework Decision point date Mar 2002 Assistance committed by all creditors (US$ Million)1/ 600.00 Of which: IMF assistance (US$ million) 123.30 (SDR equivalent in millions) 98.48 Completion point date Floating II.Disbursement of IMF assistance (SDR Million) Assistance disbursed to the member 66.03 Interim assistance 66.03 Completion point balance -- Additional disbursement of interest income2/ -- Total disbursements 66.03 1/Assistance committed under the original framework is expressed in net present value (NPV) terms at the completion point, and assistance committed under the enhanced framework is expressed in NPV terms at the decision point. Hence these two amounts can not be added. 2/ Under the enhanced framework, an additional disbursement is made at the completion point corresponding to interest income earned on the amount committed at the decision point but not disbursed during the interim period. _________________ Decision point - point at which the IMF and the World Bank determine whether a country qualifies for assistance under the HIPC Initiative and decide on the amount of assistance to be committed. Interim assistance - amount disbursed to a country during the period between decision and completion points, up to 20 percent annually and 60 percent in total of the assistance committed at the decision point (or 25 percent and 75 percent, respectively, in exceptional circumstances). Completion point - point at which a country receives the remaining balance of its assistance committed at the decision point, together with an additional disbursement of interest income as defined in footnote 2 above. The timing of the completion point is linked to the implementation of pre-agreed key structural reforms (i.e., floating completion point).   HYPERLINK "http://dsbb.imf.org/Applications/web/gdds/gddscountrycategorylist/?strcode=SLE" http://dsbb.imf.org/Applications/web/gdds/gddscountrycategorylist/?strcode=SLE The above is the direct link to all data on Sierra Leone that is currently held by IMF. YearGeneral Resources AccountPoverty Reduction and Growth Facility/ Enhanced Structural Adjustment Facility Structural Adjustment Facility/Trust FundTotalPurchasesCharges PaidLoansInterest PaidPurchases and LoansCharges and Interest PaidDisbursementsRepurchasesDisbursementsRepaymentsDisbursementsRepayments200500014,003,0004,352,800313,749 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=2005&yearType=C&acctType1=GRASDA&extrans_flag=Y" 14,003,000 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=2005&yearType=C&acctType1=GRASDA&extrans_flag=Y" 4,352,800 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans3.cfm?memberKey1=850&valueDate=2005&yearType=C&acctType1=GRASDA&extrans_flag=Y" 313,749200400028,000,00015,721,600585,652 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=2004&yearType=C&acctType1=GRASDA&extrans_flag=Y" 28,000,000 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=2004&yearType=C&acctType1=GRASDA&extrans_flag=Y" 15,721,600 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans3.cfm?memberKey1=850&valueDate=2004&yearType=C&acctType1=GRASDA&extrans_flag=Y" 585,652200300014,000,00024,773,600610,312 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=2003&yearType=C&acctType1=GRASDA&extrans_flag=Y" 14,000,000 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=2003&yearType=C&acctType1=GRASDA&extrans_flag=Y" 24,773,600 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans3.cfm?memberKey1=850&valueDate=2003&yearType=C&acctType1=GRASDA&extrans_flag=Y" 610,312200200027,999,00024,268,000608,344 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=2002&yearType=C&acctType1=GRASDA&extrans_flag=Y" 27,999,000 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=2002&yearType=C&acctType1=GRASDA&extrans_flag=Y" 24,268,000 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans3.cfm?memberKey1=850&valueDate=2002&yearType=C&acctType1=GRASDA&extrans_flag=Y" 608,3442001037,505,0001,622,31946,838,00021,726,400488,743 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=2001&yearType=C&acctType1=GRASDA&extrans_flag=Y" 46,838,000 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=2001&yearType=C&acctType1=GRASDA&extrans_flag=Y" 59,231,400 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans3.cfm?memberKey1=850&valueDate=2001&yearType=C&acctType1=GRASDA&extrans_flag=Y" 2,111,062200010,370,00001,364,505019,115,200553,889 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=2000&yearType=C&acctType1=GRASDA&extrans_flag=Y" 10,370,000 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=2000&yearType=C&acctType1=GRASDA&extrans_flag=Y" 19,115,200 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans3.cfm?memberKey1=850&valueDate=2000&yearType=C&acctType1=GRASDA&extrans_flag=Y" 1,918,394199915,555,0000443,94409,052,000634,957 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1999&yearType=C&acctType1=GRASDA&extrans_flag=Y" 15,555,000 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1999&yearType=C&acctType1=GRASDA&extrans_flag=Y" 9,052,000 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans3.cfm?memberKey1=850&valueDate=1999&yearType=C&acctType1=GRASDA&extrans_flag=Y" 1,078,901199811,580,0000000619,338 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1998&yearType=C&acctType1=GRASDA&extrans_flag=Y" 11,580,000 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1998&yearType=C&acctType1=GRASDA&extrans_flag=Y" 0 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans3.cfm?memberKey1=850&valueDate=1998&yearType=C&acctType1=GRASDA&extrans_flag=Y" 619,33819970005,056,0000610,057 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1997&yearType=C&acctType1=GRASDA&extrans_flag=Y" 5,056,000 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1997&yearType=C&acctType1=GRASDA&extrans_flag=Y" 0 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans3.cfm?memberKey1=850&valueDate=1997&yearType=C&acctType1=GRASDA&extrans_flag=Y" 610,057199600010,180,0002,316,000561,209 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1996&yearType=C&acctType1=GRASDA&extrans_flag=Y" 10,180,000 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1996&yearType=C&acctType1=GRASDA&extrans_flag=Y" 2,316,000 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans3.cfm?memberKey1=850&valueDate=1996&yearType=C&acctType1=GRASDA&extrans_flag=Y" 561,209199500013,056,0002,316,000497,327 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1995&yearType=C&acctType1=GRASDA&extrans_flag=Y" 13,056,000 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1995&yearType=C&acctType1=GRASDA&extrans_flag=Y" 2,316,000 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans3.cfm?memberKey1=850&valueDate=1995&yearType=C&acctType1=GRASDA&extrans_flag=Y" 497,3271994042,632,02030,377,32295,576,00013,749,9182,248,969 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1994&yearType=C&acctType1=GRASDA&extrans_flag=Y" 95,576,000 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1994&yearType=C&acctType1=GRASDA&extrans_flag=Y" 56,381,938 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans3.cfm?memberKey1=850&valueDate=1994&yearType=C&acctType1=GRASDA&extrans_flag=Y" 32,626,291199305,958,693990,4660061,483 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1993&yearType=C&acctType1=GRASDA&extrans_flag=Y" 0 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1993&yearType=C&acctType1=GRASDA&extrans_flag=Y" 5,958,693 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans3.cfm?memberKey1=850&valueDate=1993&yearType=C&acctType1=GRASDA&extrans_flag=Y" 1,051,949199201,414,1332,358,97802,316,000310,830 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1992&yearType=C&acctType1=GRASDA&extrans_flag=Y" 0 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1992&yearType=C&acctType1=GRASDA&extrans_flag=Y" 3,730,133 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans3.cfm?memberKey1=850&valueDate=1992&yearType=C&acctType1=GRASDA&extrans_flag=Y" 2,669,808199105,368,621152,224094,3950 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1991&yearType=C&acctType1=GRASDA&extrans_flag=Y" 0 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1991&yearType=C&acctType1=GRASDA&extrans_flag=Y" 5,463,016 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans3.cfm?memberKey1=850&valueDate=1991&yearType=C&acctType1=GRASDA&extrans_flag=Y" 152,224199001,542,784001,825,000150,364 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1990&yearType=C&acctType1=GRASDA&extrans_flag=Y" 0 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1990&yearType=C&acctType1=GRASDA&extrans_flag=Y" 3,367,784 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans3.cfm?memberKey1=850&valueDate=1990&yearType=C&acctType1=GRASDA&extrans_flag=Y" 150,36419890941,81000330,35856,809 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1989&yearType=C&acctType1=GRASDA&extrans_flag=Y" 0 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1989&yearType=C&acctType1=GRASDA&extrans_flag=Y" 1,272,168 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans3.cfm?memberKey1=850&valueDate=1989&yearType=C&acctType1=GRASDA&extrans_flag=Y" 56,80919880736,1470000 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1988&yearType=C&acctType1=GRASDA&extrans_flag=Y" 0 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1988&yearType=C&acctType1=GRASDA&extrans_flag=Y" 736,147 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans3.cfm?memberKey1=850&valueDate=1988&yearType=C&acctType1=GRASDA&extrans_flag=Y" 0198700663,19501,316,46647,812 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1987&yearType=C&acctType1=GRASDA&extrans_flag=Y" 0 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1987&yearType=C&acctType1=GRASDA&extrans_flag=Y" 1,316,466 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans3.cfm?memberKey1=850&valueDate=1987&yearType=C&acctType1=GRASDA&extrans_flag=Y" 711,00719868,000,00020,792,4689,252,79711,580,0007,943,530258,010 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1986&yearType=C&acctType1=GRASDA&extrans_flag=Y" 19,580,000 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1986&yearType=C&acctType1=GRASDA&extrans_flag=Y" 28,735,998 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans3.cfm?memberKey1=850&valueDate=1986&yearType=C&acctType1=GRASDA&extrans_flag=Y" 9,510,807198504,421,7822,409,46801,031,21455,394 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1985&yearType=C&acctType1=GRASDA&extrans_flag=Y" 0 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1985&yearType=C&acctType1=GRASDA&extrans_flag=Y" 5,452,996 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans3.cfm?memberKey1=850&valueDate=1985&yearType=C&acctType1=GRASDA&extrans_flag=Y" 2,464,862198405,813,3755,893,57501,036,18656,866 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1984&yearType=C&acctType1=GRASDA&extrans_flag=Y" 0 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans2.cfm?memberKey1=850&valueDate=1984&yearType=C&acctType1=GRASDA&extrans_flag=Y" 6,849,561 HYPERLINK "http://www.imf.org/external/np/tre/tad/extrans3.cfm?memberKey1=850&valueDate=1984&yearType=C&acctType1=GRASDA&extrans_flag=Y" 5,950,441  HYPERLINK "mailto:SLEContact@imf.org?Subject=Information%20request%20from%20the%20IMF%20Public%20Web%20Site%20for%20Sierra%20Leone" SLEContact@imf.org For all communications on IMF and its relations with Sierra Leone contact the above address. "CDEFReghi|}~  u v    $ % d e y z  ج||v|||v|||v|pi hD 5\ hD 0J hD 0JjhD Uh9nhD CJOJQJaJhD B* CJOJQJaJphDhD CJ%aJ%"jhD CJUaJmHnHuhmCh\0J5jhmCh\5Uh\h\5jh\5U h\5 hD 5hD hD 5hD ) !"DE~  n o v x } gdD gdD gdD gdD    j k l m o Xlmcde"8ABWXะznj\jhD 0JCJUaJh9nhD CJOJQJaJ hD 0JjhD UhD CJOJQJ^JaJhD CJ^JaJhD CJaJhD CJaJh9nCJaJhD CJaJhD CJ%aJ%hD hD 5jhD CJOJQJUaJhD CJOJQJaJjhD CJOJQJUaJhD #249<PRWZWXlmc$IfgdD gdD cde"8[(g & F$If$IfgdD gdD gdD Lkd $$Ifr   634` ap csnfffffaangdD  & FgdD gdD kdV $$IfZS!  0622K23444` ap :;gh %&WX ! " a b v w O"P"""""""""""c$d$$$$$$u%v%%%%%&&F&G&x&y&&&&&!'"'7(ǽǽǽǽǽǽǽǽǽhD 0JCJaJjhD CJUaJhD CJaJhD 0J5CJ\aJjhD 0JCJUaJhD 0JCJaJH! !"?$$%{&7(W(3,U.V.2454B4$IfgdD gdD ^gdD  & FgdD 7(W((((()) ) )O)P)b)c)**++++++++++=,>,,,,,,,----......i/j/////001111111111112 22233Q3R3e3f3333344454hD 0J5\ hD 0JjhD 0JU hD 0JjhD UhD hD CJaJQ54B4C4D444444444445 555[5\5]5^5555555557686K6L66666774757777ٿٿ͡ٿ͑ٿ́ٿqjhD CJOJQJUaJjhD CJOJQJUaJjghD CJOJQJUaJjhD CJOJQJUaJh9n0JCJOJQJaJhD 0JCJOJQJaJhD CJOJQJaJjhD CJOJQJUaJhD CJaJhD 5CJOJQJ\aJ,B4C4444ZKkd $$If62-234ap $IfTkdK $$If  ݻ62-234ap ݻ44[5]55566778$IfTkdI$$If  ݻ62-234ap ݻ 777748588888888999999X9Y9{99999999999999999=:>:j:k:n:x:y:z:;ՠ;tjQhD CJOJQJUaJh9nCJOJQJaJjhD CJOJQJUaJh9n0JCJOJQJaJj'hD CJOJQJUaJhD 5CJOJQJ\aJhD CJaJhD 0JCJOJQJaJhD CJOJQJaJjhD CJOJQJUaJ-888899999ZTkd$$If  ݻ62-234ap ݻ$IfKkd)$$If62-234ap 9999y:{:;;s;ZTkd$$If  ݻ62-234ap ݻ$IfKkdS$$If62-234ap z:{:|::::;;;;;C;D;d;n;o;s;t;;;; < << <<<== >@AFAGAAAAA1C2CqCָzvzvnvnhnvnv hD 0JjhD UhD hD CJaJh9nCJaJhD 0JCJaJjhD CJUaJhD CJaJhD CJ%aJ%hD CJaJh9n0JCJOJQJaJjhD CJOJQJUaJhD 0JCJOJQJaJjhD CJOJQJUaJhD CJOJQJaJ(s;t;u;v;;== >@AZUPUgdD gdD Nkd$$If   634` ap $IfgdD Kkd}$$If62-234ap qCrC~CCCCCCCCDDEEBECEgEhEEEEE FFHFIF]FdFpFqFFFFFGGGGHH&H'HHHHHHHmIIMMCMDMbMiMjMMM#N$N1N2NNNNN O OOBO TFTUUUUVVVVVVVVVVh9nhD CJaJ h9n0JhD hD 0JjhD UVACGmIIoJLOBOAQ TFTsXtXuXXXXXYYZ$IfgdD gdD VWWMWNWkWlWsXuXXXYYYYZZZZZZqZrZtZZZZZZZɶɥɀxxp]xMxMhD B*CJOJQJaJph%hD 5B*CJOJQJ\aJphhD B*phhD CJaJhD B*CJOJQJaJph(hD 5>*B*CJOJQJ\aJph hD 0J5CJOJQJ\aJ%hD 5B*CJOJQJ\aJph.jhD 5B*CJOJQJU\aJphhD hD 5 hD 5 hD 0JjhD UhD ZZqZrZtZZidgdD Hkd$$If   634ap $IfHkdz$$If   634ap ZZZZZZZ>pkd$IfK$L$Fr 6    34ap$IfK$Hkdh$$If  @ f634ap fZZZZZZZZZZZZZZ[[C[E[F[G[[[[[[[[[ \\\ʸʁ}ug[NjhD B*UphhD B*CJaJphhD 0JB*CJaJphhD B* phDhD hD B*ph h9n0J5CJOJQJ\aJ hD 0J5CJOJQJ\aJhD 0J5B*\ph"jhD 0J5B*U\phhD 0JB*phhD CJaJhD B*CJOJQJaJph%hD 5B*CJOJQJ\aJphZZZZZZZnf$IfK$kd}$IfK$L$Fr  6    34ap $$Ifa$K$ZZ[[[ys+&gdD Hkd$$If   634ap $Ifkd<$IfK$L$Fr  6    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