The Sierra Leonean government has announced a substantial decrease in the country’s inflation rates.
In a recent address to Parliament, President Julius Maada Bio highlighted the progress, revealing that inflation rates have dropped from 55% in October 2023 to 32% in June 2024, marking a significant 23% reduction.
This development is seen as a positive step towards economic stability in Sierra Leone, indicating improved financial management and effective economic policies.
The government remains committed to further reducing inflation and enhancing the overall economic well-being of its citizens.
Report by Paul Kamara.