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Sierra Leone has been acknowledged for its significant progress in fiscal transparency, although it did not fully meet the minimum requirements set by the Department of State.
The Department’s Fiscal Transparency Report, mandated by Congress, evaluates countries based on their adherence to fiscal transparency standards and their efforts to make budget documents and government contracts publicly available.
Out of the 140 countries and the Palestinian Authority assessed in the report, Sierra Leone was among the 69 nations that did not meet the minimum fiscal transparency requirements. However, it is worth noting that Sierra Leone was recognized for its notable advancements in this area.
A total of 25 countries, including Sierra Leone, demonstrated significant progress toward meeting the minimum requirements of fiscal transparency during the review period of January 1 to December 31, 2022.
Fiscal transparency plays a crucial role in effective public financial management as it informs citizens about how government revenues are utilized. It fosters accountability, empowers citizens, and promotes market confidence and sustainability. The Fiscal Transparency Report serves as a tool to identify deficiencies in fiscal transparency and support necessary changes to enhance accountability and good governance.
The Office of Macroeconomic Affairs (OMA) within the Bureau of Economic and Business Affairs (EB) at the Department of State, in collaboration with the Bureau of Energy Resources (ENR) and the U.S. Agency for International Development (USAID), prepares the annual Fiscal Transparency Report.
This report evaluates the fiscal transparency data collected by U.S. diplomatic posts in 141 countries eligible to receive U.S. foreign assistance.
The governments of 72 countries were deemed to have met the minimum requirements of fiscal transparency for the year 2023. Notable among these countries are Argentina, Brazil, Colombia, India, Israel, Mexico, Nigeria, Peru, the Philippines, Thailand, Turkey, and Uruguay, among others. These governments have demonstrated a commitment to transparency by making key budget documents available to the public in a timely manner and adhering to transparent processes for awarding government contracts, particularly in the natural resource extraction sector.
While Sierra Leone may not have met the minimum requirements, its progress in fiscal transparency is commendable.
My question is sierra Leonia have a right to a democracy or not 🚫
Who cares about USA. They have their internal issues let them solve theirs. And stop meddling in the affairs of other nations
How can we meet the target when most of our leaders are corrupt.
Except if we want to be dishonest, otherwise to say that fiscal transparency in the last five years in Sierra Leone was good is not correct.
Or, can i say honestly, Fiscal transparency In Sierra Leone did not reflect in the lives of the people.
In the last five years, the PAOPA killer government did not foster any form of democracy, transparency and accountability.
The PAOPA killer government was busy suppressing the people of Sierra Leone as you have witnessed in the elections process.
Thank you, stay blessed !!!
I urgue the government to put more focus and plans to Met the minimum wage next year amb [email protected]
Please stop deleting people’s comments!!
Sierra Leonean 🇸🇱 Let Us Prepared For Another 5 Years Suffering
The past five years governed by Maada Bio had been the worst government ever in Sierra Leone. Since he took over in 2018, the country went so much. There was no freedom of speech, killings by government soldiers and guards throughout the five-year period, the was and still so bad that most citizens cannot afford a square meal a day. The president and his wife are the most corrupt, and had been dictators. They never practiced democracy. If he must rule for another 5 years, we are doomed
Alfred McBendu, please remember that Sierra Leone with all it’s sovereignty depends on the USA for financial assistance. We care about the USA and I hope sanctions will be levied against this Government that blatantly and shamelessly stole the elections from the opposition party in the prence of international tobserver/stakeholders.; depriving citizens of their rights and democracy. Shame on them!!! Konneh has no shame or integrity, and I pray that disasters, problems and sorrow will constantly be within his family. Amen