Reduce the budget deficit to not more than 3% of GDP by the 2028 (MTNDP 2024-2030. p.44)

Status of Delivery

Significant Progress

Julius Maada Bio

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Target description

The “overall budget deficit” was estimated at 3.1%.

Target Baseline

" 5.5% budget deficit GDP ratio"

Comment on Target

Budget deficit fluctuated significantly from 2017 to 2026. Peaking at 5.9% to GDP due to external shocks (COVID and Ukraine war) in 2022, the deficit narrowed in 2025 and GoSL projects 3% in 2026.

Evidence One
Evidence Two
Evidence Three
All SDSC targets
Trend Analysis