The International Monetary Fund (IMF) on Thursday approved a new financial package worth about $211.5 million for Sierra Leone, aimed at boosting the country's resilience to climate-related shocks.

The support comes through the Resilience and Sustainability Facility (RSF), which will focus on climate-sensitive public investment, financial stability, and improved fiscal planning.

At the same time, the IMF completed its third review of Sierra Leone's Extended Credit Facility (ECF) program, allowing an immediate disbursement of around $31.7 million. The approval brings total disbursements under the arrangement to approximately $158.6 million.

The IMF noted that Sierra Leone's recent policy tightening has helped stabilize inflation and the exchange rate while improving credit conditions for the private sector. However, it warned that the West African country still faces significant vulnerabilities, including low foreign reserves and a high risk of debt distress.

The Fund also highlighted that while growth remains steady, it is expected to slow in 2026 due to global spillovers, with inflationary pressures persisting. It stressed the importance of maintaining fiscal discipline and implementing reforms to ensure long-term debt sustainability and economic stability.