US EditionBank of Sierra Leone cuts interest rates to ease pressure on commercial banks’ lending
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Bank of Sierra Leone cuts interest rates to ease pressure on commercial banks’ lending
Sierra Leone Telegraph: 5 August 2025: The Monetary Policy Committee (MPC) of the Bank of Sierra Leone (BSL) last week Monday, 28th July 2025, announced a two percent reduction in the Monetary Policy Rate (MPR) to 21.75%, alongside cuts to the Standing Lending Facility Rate (SLFR) to 14.75% and the Standing Deposit Facility Rate (SDFR) to 14.25%. (Photo above: Central Bank Governor – Dr. Ibrahim L. Stevens). This crucial decision comes a day be…
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