Sierra Leone earned $163 million from exports in the first half of 2010, a 51 percent increase from the same period a year earlier, as exports of minerals rose, said Mathew Dingy, the Finance Ministry’s budget director.
Shipments of minerals including gold, titanium, bauxite and diamonds rose 35 percent to $90 million in the first six months of the year, Dingy said in an interview in Freetown Nov. 22.
The West African nation has seen its economy grow an average of 6.2 percent annually since a civil war ended in 2002, according to Bloomberg calculations based on data from the African Development Bank. The growth has included rising exports of crops such as cocoa, coffee and rubber, which earned $28 million in the first half of the year, according to Dingy.
The fiscal deficit narrowed to $151 million, from $159 million in the first half of 2009, he added.
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