IMF’s recent engagements on infrastructure governance

Public Investment Management Assessment (PIMA) December 2019
Training on the Pre-Investment Guidance Manual August 2022
Peer-to-Peer Learning on Public Investment Management September 2023
Climate PIMA (C-PIMA) January 2024

 


 

Summary of PIMA report

(Published in May 2021)

 

Sierra Leone has made significant strides to rebuild its public infrastructure after the devastating civil war, but the desperate infrastructure needs remain. At the end of the conflict in 2002, the country was left with virtually no infrastructure. Redevelopment of public infrastructure was ignited by the mining boom, which started in the late 2000s. Over the period 2008−18, public investment averaged 6.5 percent of gross domestic product (GDP), which has translated into an estimated capital stock of about 65 percent in constant 2011 GDP. However, a level of public investment is still lower than neighboring countries by about one percentage point. The level of capital stock per capita is one of the lowest in the region, only slightly above that of Liberia. Some districts still have no paved roads, no electricity, and no water systems, almost 20 years after the war.

 

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Summary of C-PIMA report

(Published in August 2024)

 

Sierra Leone faces significant climate challenges that impact its infrastructure, including rising temperatures, changing precipitation patterns, and an increased risk of extreme weather events. The country experiences a varied climate with distinct rainy and dry seasons, and temperatures have been rising steadily. Climate models predict further increases in temperatures and changes in rainfall patterns, making heavy precipitation more volatile and unpredictable. This poses heightened risks of floods, landslides, and other natural disasters, exacerbating the vulnerability of coastal communities and infrastructure to rising sea levels and coastal erosion. The existing infrastructure, weakened by historical factors, including a decade-long civil war and inadequate maintenance, is particularly susceptible to climate-induced stresses. These challenges underscore the importance of integrating climate resilience into Sierra Leone's infrastructure planning and development.

 

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