The Fiscal Risk Management Division in the Ministry of Finance, in collaboration with AFRITAC West 2, concluded a week-long training workshop on Fiscal Risk Management Tools on Tuesday, 26th May 2026, at the Ministry of Finance Conference Hall, George Street, Freetown.

The training draws participants from the Ministry of Finance, the National Revenue Authority, the Bank of Sierra Leone, NPPA, MOPED, NDMA, AGD, Attorney General’s Office, other Ministries, Departments, Agencies, and State-Owned Enterprises.

In his statement during the closing session of the workshop, the Director of Fiscal Risk Division, Dr Alhassan Mansaray, thanked the AFRITAC West 2 and partner institutions for participating in the long training exercise to improve Fiscal Risk Management in government institutions.

He noted that over the past several days, the mission has guided the comprehensive assessment of Sierra Leone’s fiscal risk landscape and strengthened the institutional foundation for more effective fiscal risk identification, monitoring, reporting, and mitigation.

Dr Mansaray also disclosed that the mission has provided them with a valuable opportunity not only to review the existing Fiscal Risk Statement and Register, but also to strengthen the institutional understanding of emerging fiscal vulnerabilities and mechanisms required to manage them effectively.

“This practical workshop and hands-on training sessions on IMF fiscal risk tools such as FRAT, PFRAM, and DGLAT have significantly helped the technical capacity of staff across the Ministry and sister institutions.” He added.

He commended the progress made in advancing the draft standalone Fiscal Risk Statement and Fiscal Risk Register, which he said has strengthened oversight of State-Owned Enterprises and deepened participants’ analytical capacity in areas of macroeconomic sensitivity analysis, contingent liabilities, PPP risk assessment, and debt-related vulnerabilities.

The Financial Secretary Matthew Dingie, in his remarks, thanked the team from AFRITAC West 2 and expressed appreciation for the training, which he said would help sustain the reforms that the government is currently undertaking.

“I believed the training was detailed, so it would help to improve the fiscal risk statement, output, and actions that other Countries can measure to see Sierra Leone’s actions on Public Financial Management, as our law states.” He noted.

The Financial Secretary also encouraged participants to make use of the knowledge gained and effect the change and improvement needed to mitigate fiscal risk in their institutions.

The Regional Adviser on Public Financial Management at IMF AFRITAC West 2, Ilyas Tufan, who doubles as the Mission Team Lead, expressed satisfaction with the bravery of the participants, asking questions, contributions, and discussions during the training sessions, and thanked the leadership of the Ministry for the hospitality and support given during their mission.

Credit – MOF Communicators

Copyright –Published in Expo Times News on Monday, 1st June 2026 (ExpoTimes News – Expo Media Group (expomediasl.com)