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The United States Embassy has reaffirmed its commitment to upholding strict transparency and accountability measures as Sierra Leone embarks on the implementation of its Millennium Challenge Corporation (MCC) Compact.
In a recent statement, the Embassy underscored the rigorous financial oversight mechanisms that have long been a hallmark of MCC-funded projects, ensuring that every dollar is utilized for its intended purpose.
The MCC, known for its stringent monitoring protocols, enforces independent oversight of all funded projects, and Sierra Leone’s Compact will follow the same high standards.
According to the U.S. Embassy, robust systems will be put in place to prevent the misuse or misallocation of funds, aligning with MCC’s global reputation for promoting integrity in the management of development assistance.
The Compact, which aims to accelerate Sierra Leone’s economic growth and improve the country’senergy system, is expected to bring substantial benefits to the country.
The statement reiterated that Sierra Leone’s leadership and implementing agencies will be held to the same strict financial accountability requirements as all other MCC partner countries, ensuring that projects are executed efficiently and transparently.
It is called “development fund “ and not “sara fund.” I welcome strict measures in place so as to avoid “kapu-kapu.” It is high time for our politicians to start thinking about their country and not their pockets anymore.