On Friday November 8, Sierra Leone’s Finance Minister Jacob Jusu Saffa (photo) delivered the 2020 budget speech in the House of Parliament in Freetown. It is an optimistic budget with tough decisions in line with IMF conditionalities and promised assistance. The essence and underlying thinking in the speech can be…
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On Friday 12th July 2019, the Ministry of Finance in collaboration with the Ministry of Higher and Technical Education and the Tertiary Education Commission signed a Memorandum of Understanding with seven Tertiary Educational Institutions to integrate the salaries of workers of the said Tertiary Educational Institutions into the Government centralized…
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The Minister of Finance on behalf of the Government of Sierra Leone on Monday 22nd July 2019, signed a US$50 million Integrated Resilient Urban Mobility Project financing agreement with the World Bank. In his opening statement at the signing ceremony, the Financial Secretary, Sahr Lahai Jusu welcomed the new World…
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The International Monetary Fund (IMF) after its first Economic performance review has rated Sierra Leone Economic Performance under the New Direction highly and this will see the country benefiting from grant in the coming months. It could be recalled that on 23rd April this year a team led by Dr.…
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The Ministry of Finance in collaboration with the Ministry of Works and Public Assets and the Sierra Leones Roads Authority has on Tuesday 21st May 2019, signed a Memorandum of Understanding (MOU) with CSE construction company on the completion of the Lumley – Tokeh Road Project. The signing of this…
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It would be recalled that in early March this year President Julius Maada Bio paid a strategic visit to the World Bank top management team during which he articulated his Government’s agenda and engaged the Bank’s Management in a dialogue where he showcased tremendous achievements the Government has made in…
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The Minister of Finance Jacob Jusu Saffa on Thursday 21st March 2019 signed US$ 40 Million budget support grant from International Development Association (IDA) with World Bank on behalf of the Government of Sierra Leone. In his opening statement in a short ceremony at the Ministry of Finance, The Financial…
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As part of government commitment to increase domestic revenue to 20% of GDP ratio by 2023, the Ministry of Finance has signed a 5.7 million dollar contract agreement with Techno Brain Global, Crown Agent and Tiwai memory Master to supply, configure and implement an Integrated Tax Administration Systems (ITAS) that…
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A high-level technical team from the Government of Sierra Leone, headed by the Principal Deputy Financial Secretary in the Ministry of Finance, Mr Matthew Dingie, is now in Tbilisi, Georgia on a due diligence visit to support the procurement and installation of electronic cash registers by the National Revenue Authority.…
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In a bid to enhance value for money in the New Direction administration, the Deputy Minister of Finance, Dr. Patricia Nyanga Laverley has commenced the inspection of various infrastructure projects across the country starting with the Hillside Bye Pass and Lumley to Tokeh roads projects. Speaking to the Consultant about…
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