Fitch Solutions, an independent credit rating firm operating in London, New York and Singapore, has forecast real GDP in Sierra Leone to grow by 3.5% in 2023, up from an estimated 3.2% in 2022.
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“Ongoing inflationary pressures and tighter financing conditions will weigh on domestic demand in 2023, ensuring that growth remains below trend.
“That said, an expansion in iron ore exports will provide some tailwinds to Sierra Leone’s economy over the coming quarters,” it says.
Read the original article at Fitch Solutions.
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