A Guide to the Sierra Leone Stock Exchange

Short Description
A Guide to the Sierra Leone Interim. Stock Trading Facility. ost-conflict Sierra Leone is working towards the establishment of a formal. Capital Market. …

Website: www.bankofsierraleone-centralbank.org | Filesize: 71kb

Content
AA GGuuiiddee ttoo tthhee SSiieerrrraa LLeeoonnee IInntteerriimm SSttoocckk TTrraaddiinngg FFaacciilliittyy
ost-conflict Sierra Leone is working towards the establishment of a formal Capital Market. This effort is being spearheaded by the Stock Exchange Technical Committee (SETC), formed under the auspices of the Bank of Sierra Leone and consisting of representatives of government and the private sector. In addition to other preparatory work, the immediate focus of the SETC is the institution of a stock trading facility as soon as possible. This stock trading facility is expected to develop into a full-fledged stock exchange by the end of 2007. P
apital markets provide both the government and the private sector with access to the types of long-term investment capital necessary to achieve accelerated economic growth. Sitting at the heart of the capital markets is the stock exchange, which provides the link between businesses, which need money, and investors, both individual and institutional, with money to invest. The government, and therefore the nation as a whole, benefit from the stock exchange through being able to raise money to invest in the country’s infrastructure and public services, as well as private business ventures. C
he establishment of a full-fledged…

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