The Republic of Sierra Leone : Public Financial Management Performance Assessment Report

This assessment finds that the government of Sierra Leone has supplemented the improved legislative framework by establishing the National Revenue Authority and internal audit units. Procedural innovations were put into place for budget planning an...

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Main Author:	World Bank
Format:	Other Financial Accountability Study
Language:	English en_US
Published:	Washington, DC 2013
Subjects:	BUDGET EXPENDITURE CONTROL INTERNAL AUDIT LEGISLATIVE FRAMEWORK PUBLIC FINANCIAL MANAGEMENT
Online Access:	http://documents.worldbank.org/curated/en/2010/12/16324722/sierra-leone-public-financial-management-performance-assessment-report http://hdl.handle.net/10986/13061

id	okr-10986-13061
recordtype	oai_dc
spelling	okr-10986-130612021-04-23T14:03:02Z The Republic of Sierra Leone : Public Financial Management Performance Assessment Report World Bank BUDGET EXPENDITURE CONTROL INTERNAL AUDIT LEGISLATIVE FRAMEWORK PUBLIC FINANCIAL MANAGEMENT This assessment finds that the government of Sierra Leone has supplemented the improved legislative framework by establishing the National Revenue Authority and internal audit units. Procedural innovations were put into place for budget planning and monitoring. In addition, a new Integrated Financial Management and Information System (IFMIS) has replaced the old, unsustainable Financial Management and Accounting System (FMAS). Weaknesses included lack of budget credibility and predictability, fiscal management challenges, weaknesses in expenditure control (including payroll), and low levels of transparency. The Government considered that much remained to be done to move the system to a level that is capable of directing resources to priority areas and support high quality expenditure outcomes. This Public Expenditure and Financial Accountability (PEFA) progress report represents the most recent independent assessment. 2013-03-29T13:24:05Z 2013-03-29T13:24:05Z 2010-12-10 http://documents.worldbank.org/curated/en/2010/12/16324722/sierra-leone-public-financial-management-performance-assessment-report http://hdl.handle.net/10986/13061 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Other Financial Accountability Study Economic & Sector Work Africa Sierra Leone
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	BUDGET EXPENDITURE CONTROL INTERNAL AUDIT LEGISLATIVE FRAMEWORK PUBLIC FINANCIAL MANAGEMENT
spellingShingle	BUDGET EXPENDITURE CONTROL INTERNAL AUDIT LEGISLATIVE FRAMEWORK PUBLIC FINANCIAL MANAGEMENT World Bank The Republic of Sierra Leone : Public Financial Management Performance Assessment Report
geographic_facet	Africa Sierra Leone
description	This assessment finds that the government of Sierra Leone has supplemented the improved legislative framework by establishing the National Revenue Authority and internal audit units. Procedural innovations were put into place for budget planning and monitoring. In addition, a new Integrated Financial Management and Information System (IFMIS) has replaced the old, unsustainable Financial Management and Accounting System (FMAS). Weaknesses included lack of budget credibility and predictability, fiscal management challenges, weaknesses in expenditure control (including payroll), and low levels of transparency. The Government considered that much remained to be done to move the system to a level that is capable of directing resources to priority areas and support high quality expenditure outcomes. This Public Expenditure and Financial Accountability (PEFA) progress report represents the most recent independent assessment.
format	Economic & Sector Work :: Other Financial Accountability Study
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	The Republic of Sierra Leone : Public Financial Management Performance Assessment Report
title_short	The Republic of Sierra Leone : Public Financial Management Performance Assessment Report
title_full	The Republic of Sierra Leone : Public Financial Management Performance Assessment Report
title_fullStr	The Republic of Sierra Leone : Public Financial Management Performance Assessment Report
title_full_unstemmed	The Republic of Sierra Leone : Public Financial Management Performance Assessment Report
title_sort	republic of sierra leone : public financial management performance assessment report
publisher	Washington, DC
publishDate	2013
url	http://documents.worldbank.org/curated/en/2010/12/16324722/sierra-leone-public-financial-management-performance-assessment-report http://hdl.handle.net/10986/13061
_version_	1764420474080591872

The Republic of Sierra Leone : Public Financial Management Performance Assessment Report

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