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Ministry of Finance (Sierra Leone)

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Sierra Leone Ministry of Finance
Agency overview
Formed1961
JurisdictionGovernment agency
HeadquartersFreetown, Sierra Leone
Agency executive
Parent agencyGovernment of Sierra Leone
Politics of Sierra Leone
Constitution
Executive
Legislative
Judiciary
Elections
Administrative divisions
Foreign relations
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Sierra Leone Ministry of Finance is a ministerial department of the Government of Sierra Leone, and is in charge of managing the revenue and finances of the Sierra Leone government. The ministry implements the economic policies and is responsible for public financial management. The ministry advises the President of Sierra Leone on economic issues. The headquarters of the Sierra Leone Ministry Of Finance is located on George Street in Freetown, Sierra Leone.

The Ministry of Finance is headed by the Minister of Finance, who is appointed by the president of Sierra Leone, and must be confirmed by the Parliament of Sierra Leone before taking office. The current Sierra Leone Minister of Finance is Sheku Ahmed Fantamadi Bangura, who was previously Deputy Finance Minister. Since some days his brother has been double rank promoted to CDS in the Sierra Leone army. The President of Sierra Leone has the constitutional authority to fire the Minister of Finance at any time.

Responsibilities

  • The responsibilities of the Sierra Leone Ministry of Finance include:
  • Manages the country's revenue and finances
  • Implement the Sierra Leone Government economic policies and public finances
  • Ensure efficient allocation of public resources to promote stable economic growth
  • Advises the President and the Government of Sierra Leone on economic issues
  • Collecting the Sierra Leone Government taxes
  • Releases data about the country's economy
  • Enforcing Tax laws
  • Manages the country's debts
  • Pay debts and loans of the government
  • Pay government bills
  • Allocating finances of departments within the Sierra Leone government
  • Manages and supervises all national banks owned by the Sierra Leone Government
  • Set up rules and regulations of all private banks in Sierra Leone
  • Ensure the correct, timely and accurate payment of monthly salaries to the President of Sierra Leone, the Vice President of Sierra Leone and members of the Sierra Leone Parliament
  • Receives money deposited in the Sierra Leone Government treasury
  • Edit finances of departments of the Sierra Leone
  • Print out paper bills and mint coins of the currency of Sierra Leone
  • Gives approved financial loan from national banks owned by the Sierra Leone Government

Ministers of Finance

See also

References

  1. "Sierra Leone - Ministry of Finance and Economic Development, MOFED". socialprotection.org.
  2. "No. 42374". The London Gazette. 2 June 1961. p. 4191.
  3. "Sierra Leone Web - Sierra Leonean Heroes - Achievement of Independence". www.sierra-leone.org.
  4. Leone, Sierra (September 26, 1964). "Staff List". Government Printer. – via Google Books.
  5. Chiefs of State and Cabinet members of foreign governments / National Foreign Assessment Center. 1967Jan-June. 2003. hdl:2027/osu.32435024020125 – via HathiTrust.
  6. Chiefs of State and Cabinet members of foreign governments / National Foreign Assessment Center. 1967July-Dec. 2003. hdl:2027/osu.32435024020133 – via HathiTrust.
  7. ^ Fyle, Magbaily C. (March 27, 2006). Historical Dictionary of Sierra Leone. Scarecrow Press. ISBN 9780810865044 – via Google Books.
  8. ^ "Sierra Leone Web - Sierra Leonean Heroes - The APC Era". www.sierra-leone.org.
  9. Chiefs of State and Cabinet members of foreign governments / National Foreign Assessment Center. 1977July-Sep,Dec. 2003. hdl:2027/osu.32435079631990 – via HathiTrust.
  10. Chiefs of State and Cabinet members of foreign governments / National Foreign Assessment Center. 1978July-Dec. 2003. hdl:2027/osu.32435024019986 – via HathiTrust.
  11. Banya, Dr Sama. "Looking back â€" reflections on my 80th birthday, 10 June 2010 – Sierra Express Media".
  12. Chiefs of State and Cabinet members of foreign governments / National Foreign Assessment Center. 1981Jan-June. 2003. hdl:2027/osu.32435024019929 – via HathiTrust.
  13. Chiefs of State and Cabinet members of foreign governments / National Foreign Assessment Center. Oct-Dec 1981. 2003. hdl:2027/uc1.c109412926 – via HathiTrust.
  14. ^ Dumbuya, Peter A. (March 12, 2008). Reinventing the Colonial State: Constitutionalism, One-party Rule, and Civil War in Sierra Leone. iUniverse. ISBN 9780595484935 – via Google Books.
  15. The Sierra Leone Gazette Issue 64 14 September 1984
  16. The Sierra Leone Gazette Issue 57 15 August 1985
  17. "New President Names Cabinet". AP NEWS.
  18. "Hon. Hassan Gbessay Kanu Laid to Rest in Sierra Leone – Sierra Express Media". January 27, 2020. Archived from the original on 2020-01-27.
  19. Chiefs of State and Cabinet members of foreign governments / National Foreign Assessment Center. 1991July-Dec. 2003. hdl:2027/osu.32435083449116 – via HathiTrust.
  20. Chiefs of State and Cabinet members of foreign governments / National Foreign Assessment Center. 1993:Jan.-July. 2003. hdl:2027/uiug.30112083090974 – via HathiTrust.
  21. Chiefs of State and Cabinet members of foreign governments / National Foreign Assessment Center. Jan-Apr 1996. 2003. hdl:2027/mdp.39015061935105 – via HathiTrust.
  22. Chiefs of State and Cabinet members of foreign governments / National Foreign Assessment Center. 1996May-Aug 1996. 2003. hdl:2027/osu.32435083448043 – via HathiTrust.
  23. ^ Daramy, Amadu. "Ministry Of Finance: A Political Graveyard – Global Times News".
  24. "IRIN-WA Daily Media Update 7-97 of Events in West Africa - Liberia". ReliefWeb.
  25. "Sierra Leone Web - Government, May 1997-February 1998". www.sierra-leone.org.
  26. ^ https://www.odi.org/sites/odi.org.uk/files/resource-documents/10630.pdf
  27. Kargbo, Lamin (April 2021). "Who is Jacob Jusu Saffa Sierra Leone's new Chief Minister". SwitSalone. Retrieved 12 January 2023.
  28. "Sierra Leone: Dennis Vandi Takes Over Finance Ministry Dennis Vandi 1". All Africa. 17 May 2021. Retrieved 12 January 2023.
  29. Koroma, Alfred (10 January 2023). "Sierra Leone: Is the New Finance Minister the Answer?". All Africa. Retrieved 12 January 2023.

External links

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