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The National Revenue Authority (NRA) has reinforced its strategic partnership with Sierra Leone’s commercial banks as part of ongoing efforts to modernize tax collection and improve revenue administration across the country.
The renewed collaboration was highlighted during a high-level engagement held in Freetown, where the Commissioner General of the NRA, Mrs. Jeneba J. Bangura, commended the banking sector for its critical contribution to the achievement of the Authority’s 2025 revenue targets.
She emphasized the need for the full implementation of the existing Memorandum of Understanding (MoU) between the NRA and commercial banks to further strengthen efficiency and service delivery.
Central to the discussions was the deepening of system integration between the NRA’s Integrated Tax Administration System (ITAS) and banking platforms.
According to Mrs. Bangura, enhanced integration will improve operational efficiency, boost transparency, and significantly reduce transaction delays experienced by taxpayers. She also underscored the importance of closing communication gaps and improving information sharing between the NRA and financial institutions.
Operational commissioners of the NRA presented practical proposals aimed at strengthening coordination, streamlining processes, and ensuring smoother interaction between tax administration systems and banking services.
Speaking on behalf of the commercial banks, the President of the Sierra Leone Association of Commercial Banks, Mr. Mohamed Alhaji Samoura, reaffirmed the sector’s commitment to supporting the NRA’s modernization agenda.
He noted that sustained collaboration and effective system integration would not only enhance tax collection but also play a vital role in promoting national development and economic stability.
Both parties agreed on the need to reinforce digital system integration, strengthen communication channels, and maintain continuous engagement as part of a broader strategy to build a more transparent, efficient, and citizen-focused revenue administration framework.
The meeting marks a renewed alliance between the NRA and Sierra Leone’s banking sector, positioning the country’s tax system for improved accountability, efficiency, and long-term sustainability as revenue reforms continue to advance.
