World News
Sierra Leone’s Economy is Recovering from COVID-19 but Uncertainties Persist

Sierra Leone’s economy is projected to recover from the COVID-19 contraction with real GDP expected to rebound by 3.0 percent in 2021, an upward revision of 0.8 percentage point relative to the 2020 forecast, according to the new World Bank Sierra Leone Economic Update launched today in Freetown. The growth rebound reflects the expected recovery of agriculture, mining and services following the easing of COVID-related restrictions and Government’s Quick Action Economic Response Program (QAERP).
Fiscal deficit almost doubled in 2020 due to a combination of revenue shortfalls and spending increases to support the Government’s pandemic response. The deficit is expected to decline gradually to 2.4 percent of GDP by 2023 as COVID-19 related spending is reduced while revenue mobilization improves on the back of the expected economic recovery. To strengthen fiscal sustainability, the report recommends that the authorities should quickly draw up a roadmap for fiscal consolidation, anchored by robust revenue mobilization and expenditure rationalization reforms, to return to the pre-pandemic (2018/19) fiscal path. The authors also highlight the need for government to prioritize structural reforms for diversifying the economy, and these reforms should focus on creating an enabling environment for the private sector to support long-term economic growth and promote decent and quality jobs, which will in turn support determined domestic revenue mobilization.
“It is a welcoming development that Sierra Leone’s economy is slowly recovering from the devastating impact of the COVID-19 crisis, and we are encouraged by the government’s efforts to deal with the crisis and lessen its impact on people’s livelihoods,” said Abdu Muwonge, World Bank Country Manager for Sierra Leone. “However, improving and sustaining the country’s growth prospects will require further attention to policies that strengthen the quality of service delivery in the social sectors, and we remain committed, together with development partners to supporting efforts that aim at an effective turnaround of the economy.”
The 2021 Economic Update devoted a special section to examine the “Welfare and Poverty Effects of the COVID-19 Pandemic” in Sierra Leone. The report found that restrictions put in place to contain the spread of the COVID-19, as well as the downturn in the global economy have led to a small increase in poverty, reversing the previous trend of poverty reduction. Urban areas, particularly the capital city, Freetown, have seen the largest increase in poverty.
During the height of the outbreak, the government provided tax relief to businesses by suspending taxes on essential goods and services. The report recommends that policy priorities over the short to medium-term should focus on strengthening the response to the COVID-19 pandemic by rolling out a strong vaccination program and implementing broad-based macroeconomic reforms to support a quick economic recovery.
“To improve on the current economic outlook, it is important to focus on implementing a robust vaccination program that targets full vaccination of population ‘at risk’ as well as measures to protect people’s livelihoods in the immediate and medium term,” said Kemoh Mansaray, World Bank Senior Country Economist and a lead author of the report. “Sustaining the economic recovery will involve structural reforms to accelerate inclusive economic growth, as well as resuming fiscal consolidation through robust revenue reforms and expenditure rationalization and a prudent monetary policy to support the recovery and stabilize the exchange rate.”
World News
ABC news: Xi signals strength in Russia-China alliance

Chinese President Xi Jinping departed Moscow on Wednesday after two days of highly symbolic meetings with Russian President Vladimir Putin, in which the two presented a united front and an alternative vision for global leadership, notes ABCnews.
Despite statements saying that “China-Russia relations are not the kind of military-political alliance during the Cold War,” China and Russia made clear they wanted to “advance the trend toward a multi-polar world.”
“This highly publicized summit may reflect a shift towards a new and more active role for China, as it seizes the opportunity to convey diplomatic – and possibly tangible – support for Russia and any other state that wishes to defy the West,” – Michael Butler, associate professor of political science at Clark University, told ABC News.
Joint animosity towards the U.S.-led world order has kept Russia and China close despite Putin’s war in Ukraine and western sanctions against Russia has made China their biggest customer and economic lifeline.
Beijing increasingly sees Russia as necessary ally as China and United States continue to fallout over numerous fronts not limited to Taiwan and access to semiconductors. It was further exasperated by the spy balloon episode earlier this year.
Beijing had initially hoped that the spiraling tensions with the U.S. would abate in the wake of Xi’s meeting with President Joe Biden in Bali last November, but as they continued to crater, Xi seems to have re-prioritized Russian relationship. He even aimed a rare direct slight at the United States earlier this month, blaming the Americans for “containment and suppression” as the reasons for China’s economic challenges.
Xi highlighted on numerous occasions over the two days of meetings that Russia and China are each other’s largest neighbors and that their partnership is “consistent with historical logic and a strategic choice of China.”
World News
Petr Pavl: “Ukraine must adjust to dwindling Western support”

“We must consider war weariness”, says Czech President Petr Pavl. According to Czech President Petr Pavl, Ukraine must adjust to dwindling Western support. “We have to consider war weariness and what that means for support from Western states. This will pass with time,” Pavel told the ‘Süddeutsche Zeitung’.
He also mentioned the 2024 US presidential election and the concentration on domestic politics that could then be expected: “If US support decreases, support for a number of European countries will also decrease. Ukraine should take this into account.”
Thus, in 2024, Ukraine will probably no longer be able to start any large and complex operations, the new Czech president said. “This year is decisive for the development of the war.”
The former general was wary of the prospects of Ukraine joining NATO in the foreseeable future. “Ukraine’s path to Europe should run through a faster rapprochement with the European Union and only then with law enforcement agencies,” the President said. “I think that’s the right order.”
World News
WP: The real lesson from the showy Xi-Putin meeting

Pentagon strategists have always divided the world into East and West, with U.S. regional forces under European Command or Indo-Pacific Command. But looking at the embrace of Presidents Xi Jinping and Vladimir Putin this week, you wonder whether we may need a single “Eurasian Command” to handle an integrated threat, writes ‘The Washington Post’ in a comment.
Xi’s rescue strategy for Russia seems to center on a peace plan that would stanch the bleeding in Ukraine. From what we know, Xi proposes a cease-fire agreement… By playing the peacemaker, Xi can position himself better to take other, harsher rescue measures if Ukraine rejects a cease-fire. He could offer ammunition for Russia, arguing he’s only leveling the playing field.
He could try to mobilize nations of the Global South, such as India, South Africa and Brazil, to pressure Ukraine to end the fighting. Xi wants to keep the high ground, invoking the sanctity of the United Nations charter even as he affirms his support for the Russian leader who shattered that charter’s norms. It’s a shameless approach, but smart diplomacy.
Xi’s emerging role as the leader of a Eurasian bloc presents dilemmas for U.S. strategists.
For a generation, separating China from Russia was a central goal of U.S. foreign policy. Driving that wedge was a major reason for the historic visit to China in 1972 by President Richard M. Nixon and national security adviser Henry Kissinger.
The Biden administration initially hoped it could try that strategy in reverse — warming relations with Moscow in the June 2021 summit in Geneva in part to concentrate on the Chinese challenge. That didn’t work out as the White House hoped, to put it mildly.
Now it’s Xi who is the triangulator. He is playing off the bitter split between the United States and Russia, helping Putin.
Xi similarly used China’s close relations with Iran to make the diplomatic breakthrough between Riyadh and Tehran that the United States could never achieve, writes WP.
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