info@publicreviewsl.com | +232 88 971305

Sierra Leone Finance Ministry Reviews $1 Billion World Bank Project Portfolio

More News

Sierra Leone’s Ministry of Finance, in partnership with the World Bank, concluded a two-day review of its portfolio of World Bank-funded projects on Monday, aiming to improve project delivery and implementation across the country.

The workshop, held at the Ministry’s Conference Hall on George Street, brought together project managers, government officials, and World Bank representatives to assess performance, identify obstacles, and propose solutions.

Deputy Financial Secretary Moore Momoh said the review focused on evaluating project timelines, targets, and overall performance. Financial Secretary Matthew Dingie emphasized that timely project completion demonstrates government competency and translates into tangible development for citizens.

Deputy Minister of Finance Kadiatu Allie urged project teams to collaborate, share experiences, and avoid delays that could negatively affect Sierra Leone’s performance ratings and future funding disbursements.

World Bank Country Manager Abdu Muwonge highlighted the importance of risk management, including financial, procurement, and environmental risks, which have slowed project progress. He noted that the new partnership framework increased the portfolio from $515 million in FY 2021 to about $1 billion.

Muwonge stressed accountability, urging project staff to take responsibility for outcomes and comply with sector policies to deliver maximum value for government services.

By Marco Turay

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
- Advertisement -

Latest

- Advertisement -
EcoBank
0
Would love your thoughts, please comment.x
()
x