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MoFED Top Budget Presentation

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Sunday, 09 October 2016 15:10
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The Ministry of Finance and Economic Development [MoFED] has on Thursday, 9th October 2014 top the discussion that is presently going on at the Ministry, as they did extremely well in their presentation.

Most of the Participants comprising members of the Civil Society Groups, Non- State Actors, Budget Advocacy Network and the Press, noted that the Ministry's presentation of its 2015-2017 budget estimates was in line with its budget Ceiling that was issued by the Budget Bureau which made it the most unique budgets so far.

It should be noted that the Ministry of Finance budget estimate was slightly above the ceiling issued to them thereby giving them credence as best budget presented so far.

In his presentation the Accountant Mr Senesie informed the participants about the various departments at MoFED which shows that MoFED is one of the largest Ministries in Sierra Leone. He added that there are budgetary allocations for each of the departments, noting that they were given a budget ceiling of Le 29b of which the budget allocations to each of the various divisions amounted to Le 29,701,249.00 making it less than Le 1b slightly above the proposed ceiling. Members of the Budget oversight Committee, non state actors etc highly commended the Ministry of Finance for preparing a proper and precise budget estimate for discussion.

In his remarks Lansana Koroma of Health Alert Pleaded with his fellow participants to approve the Ministry's budget without wasting time and that they should not be affected by the 23.2% deduction which was slated for all MDAS.


The Ministry of Finance and Economic Development is a Key arm of the Government of Sierra Leone mandated to to formulate and implement sound economic policies and public financial management

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