The Ministry of Finance, through its Public Debt Management Division, on Monday, 8th September 2025, launched a five-day technical workshop to update Sierra Leone’s Medium-Term Debt Strategy (MTDS) for 2025–2029. The session is being held at Leisure Lodge, Aberdeen, Kallon Drive, Freetown.
The workshop has drawn together key national institutions including the Bank of Sierra Leone, the National Revenue Authority, Statistics Sierra Leone, the National Minerals Agency, civil society representatives, and academics from the University of Sierra Leone.
According to the Director of the Public Debt Management Division, Mathew Sandy, the exercise is critical to shaping Sierra Leone’s debt management framework for the next five years. He explained that the MTDS serves as the government’s key instrument to manage the cost and risk of the country’s debt portfolio, ensuring that borrowing decisions are aligned with fiscal sustainability.
Mr. Sandy further noted that the updated strategy will follow international best practices and frameworks agreed upon with global partners such as the World Bank and International Monetary Fund (IMF). He emphasized that the process involves analyzing the composition of the debt stock, assessing cost and risk exposures, and using these insights to develop policy recommendations for cabinet consideration.
Over the next five days, we will evaluate past debt management performance, review the current baseline, and explore future options to determine the most suitable path for Sierra Leone’s economy, Sandy said.
Delivering the keynote address, Deputy Minister of Finance, Mrs. Kadiatu Allie, reaffirmed the government’s commitment to strengthening economic stability through responsible debt management. She highlighted that the debt strategy approved in 2023 had already established a foundation for a disciplined, transparent, and forward-looking approach to managing public debt.
The updated strategy will help us build on that progress by reinforcing debt sustainability, promoting effective borrowing strategies, and ensuring that public investments in agriculture, education, infrastructure, and livelihoods deliver tangible benefits to citizens, Madam Allie said.
She added that the review process offers stakeholders a vital platform to deepen their understanding of sound financial practices while collectively working toward a more resilient and sustainable economy.
Credit – MoF Media.
Copyright –Published in Expo Times News on Wednesday, 17th September, 2025 (ExpoTimes News – Expo Media Group (expomediasl.com)
