Aligning the Private Sector in Fostering Excellent Economic Growth in Sierra Leone

The private sector's essential role in driving Sierra Leone's economic development and prosperity has recently come under increasing scrutiny. Businesses of all sizes and industries make up the private sector, which can increase investment, generate jobs, foster innovation, and make a big dent in poverty. The path to economic growth in Sierra Leone depends on understanding and utilizing the private sector's potential. The private sector mainly facilitates economic development and sustained economic growth. The private sector has had a substantial impact recently, and Sierra Leone has benefited dramatically from its enormous contribution. Eradicating poverty in most African nations will remain a complex war to win shortly, and support from the private sector and foreign aid is not dependable due to numerous unpredictability. Additionally, because many people who still live in extreme poverty do so in fragile and remote environments, it becomes harder to reach them as a result of the disparity in development between urban and rural areas. Additionally, improvement is frequently transient for individuals who have recently emerged from poverty: food shortages, economic shocks, and climate change might all too easily yoke them back into it. As we move closer to the 2030 agenda, it will be crucial to identify effective strategies to address these problems.