By Kemo Cham
Freetown Sierra Leone’s new President Julius Maada Bio has appealed for international help to bail his country out of an economic crisis.
He blames the crisis on a huge debt incurred by his predecessor Ernest Bai Koroma and an underperforming economy.
President Bio told an International Monetary Fund (IMF) meeting in Freetown that he inherited a country with the worst economic state since independence in 1961, a situation, he said, had been worsened by agreements signed by his predecessor on the eve of this year’s General Election.
Development partners
“Initial assessment by the Governance Transition Team reveals that my administration will be faced with the worst economic situation since indep…
Read the full article at: https://allafrica.com/stories/201804160144.html