Sierra Leone is actively pursuing bold financing strategies to support economic reform and social services, emphasizing domestic resource mobilization, public investment reforms, and leveraging climate and private sector opportunities.

Despite facing global economic shocks, the country has begun stabilizing its macroeconomic fundamentals, with inflation reduced to 9.3%, currency stability, and improvements in food production aiding fiscal reforms.

The upcoming FY 2026 national budget focuses on stability, growth, and job creation, aiming to generate 5,000 jobs for youth and ensure 30% female representation, aligning with the Big Five Game Changers initiative.

Parliamentary leaders, including the Finance Committee Chairman, are playing a crucial role in scrutinizing fiscal policy to promote responsible spending, transparency, and accountability in governance.

There is a strong push to diversify revenue sources by digitalizing tax systems, reducing exemptions, tackling illicit financial flows, and exploring innovative financing options like diaspora bonds and climate finance.

The Minister of Finance has assured that the FY 2026 budget will prioritize macroeconomic stability, growth, and job creation, with a focus on revenue expansion through technology reforms and climate finance.

Leaders collectively emphasize fiscal discipline, innovative financing, and investing in social infrastructure to ensure resources effectively reach communities and improve citizens’ lives.

The Vice President also stressed strengthening support for small businesses, expanding the productive sector, and enhancing accountability across both public and private sectors.

The Vice President has called for urgent, innovative measures to boost domestic revenue, highlighting that reliance on external aid is unsustainable given the country’s growing development needs and population.