IMF teaches Sierra Leone’s SLPP honesty, sincerity and how to construct reality
By KABS KANU :
Another International financial institution has taught the opposition Sierra Leone People’s Party ( SLPP ) object lessons in honesty. While the SLPP is finding it difficult to be honest about what is really going on in Sierra Leone , the Britton Woods institutions continue to instruct them that it pays nothing to be honest. The SLPP ,in their failed campaign of lies , wicked propaganda against President Ernest Koroma and their false conclusions about the true state of Sierra Leone , always try to create the picture that nothing good is happening in Sierra Leone under the leadership of President Koroma. According to the patently dishonest SLPP scouring sewers and the figment of their imagination for anything to criticize for political capital , the Sierra Leone economy has been mismanaged by the Koroma government.
If you listen to the shamefully dishonest and unreal SLPP, nothing good is coming out of Sierra Leone during President Koroma’s reign. But the SLPP will forever wipe eggs off their faces at the continuous embarrassment they continue to receive from international stakeholders and financial institutions. When it is not the UN singing President Koroma’s praises to the high heavens for his outstanding leadership and handling of the national economy, it is the British Department For International Development ( DFID ) affirming its commitment to continue helping Sierra Leone because President Koroma’s handling of the nation is simply amazing; or it is the European Union giving Sierra Leone and President Koroma thumbs -up for excellent leadership ; or it is the Peacebuilding Commission (PBC) expressing confidence in President Koroma’s leadership.
The other day, it was the World Bank giving President Koroma kudos and declaring that Sierra Leone has the second fastest growing economy in the whole world. Now, look at what happened today. The IMF, considered the most pitilessly critical of the economic performance of African Governments and noted for withholding funds from countries not doing well or corrupt and profligate with funds, has gone and given President Koroma and the APC Government another big boost. The IMF has disbursed funds to the government and commended it for its impressive handling of the economy. This is the kind of story SLPP zealots will not want you to see because it contradicts their foolishness and makes the illiterate Tamba Sam look more foolish in his rantings ! ! ! ! The SLPP would rather you don’t see it but we have reproduced it below. The report shows that President Koroma is doing a marvelous job with the Sierra Leone economy. Usually, these international financial institutions withhold funds during elections year for fear that the monies will be misapplied towards the elections .But the IMF and the World Bank and other donor partners respect and trust President Koroma and Government so much for the excellent handling of donor money and the economy that they do not bat an eyelid to pour out money and goodwill to the government, even on the eve of elections. This is one more campaign stuff for the APC ! ! !
Sierra Leoneans must take another cue from this report to learn that the SLPP are very dishonest and to stop listening to the corrupt minds and shamelessly dishonest SLPP supporters and journalists. The SLPP mean nothing good for Sierra Leone and will forever look at white and call it black , thinking that will give back the power they lost in 2007. Whereas all aid and loans were discontinued to the SLPP two years before the elections because of their corruption, with the APC, the aid keeps coming in just two months to the polls.
WE BRING YOU ANOTHER HEART-WARMING NEWS REPORT ABOUT HOW PRESIDENT KOROMA IS DOING MAGNIFICENTLY WELL IN SIERRA LEONE —AND IT IS NOT FROM AN APC OUTLET BUT FROM THE IMF AND THE INTERNATIONAL REUTERS NEWS AGENCY. READ :
IMF approves $6.9 mln disbursement to S.Leone
WASHINGTON, Sept 17 | Mon Sep 17, 2012 8:20pm EDT
(Reuters) – The International Monetary Fund on Monday approved a $6.9 million loan disbursement to Sierra Leone and said economic prospects in the West African nation were “favorable” given increased revenues from iron ore production this year.
The latest IMF tranche was granted under a three-year $45.4 million loan approved by the IMF in 2010 as it rebuilds from a 1991-2002 civil war.
It has long depended on minerals exports to fill state coffers, with diamonds traditionally the country’s top revenue earner.
The country holds some of the world’s richest iron ore deposits, but the industry ground to a halt during the war. With the country now exporting iron ore, the IMF has forecast that new mineral revenues could boost growth by a staggering 51.4 percent in 2012.
“Economic growth has been robust and broad-based, reflecting the scaling-up of infrastructure investment and the implementation of projects in mineral sectors,” the IMF said in a statement, also warning that the biggest risk to the outlook was from an “uncertain global environment”.
The IMF said the government had taken corrective measures to address concerns by the Fund about inaccurate data in 2011 on new external debt the government had taken on. (Reporting By Lesley Wroughton)