The Directorate of Financial Management Systems and Technology, Ministry of Finance, in collaboration with the Bank of Sierra Leone and key stakeholders, has successfully concluded a two-day validation workshop for the draft interoperability roadmap for Public Financial Management (PFM) systems. The event was held at the Sierra Palms Hotel in Freetown on October 28-29, 2025 with the following key discussions:
– Improved Efficiency: Interoperability is expected to enhance efficiency in financial management and reporting, promoting transparency and accountability.
– Stakeholder Engagement: The workshop brought together representatives from various institutions, including the Ministry of Finance, Bank of Sierra Leone, National Revenue Authority, and Civil Society Organizations.
– Digital Integration: Achieving full interoperability requires coordination of all financial systems through digital integration and automation.
A roadmap with the following objectives was reached:
– Seamless Data Exchange: Enable seamless data transfer and integration across the PFM ecosystem.
– International Best Practices: Align Sierra Leone’s PFM systems with international best practices.
– Digital Transformation: Lay the foundation for digital transformation and financial inclusion.
Key Stakeholder Quotes were:
– Samuel E.B. Momoh, Principal Deputy Financial Secretary: “Interoperability is critical, given the Government of Sierra Leone’s investments exceeding USD 300 million in standalone PFM systems.”
– Dr. Simeon M. Jonjo, Director of Financial Management Systems and Technology: “Interoperable systems ensure the proper management and distribution of public funds while enabling institutions to maintain accountability and make data-driven decisions.”
– Oluwole Austin Pratt, CEO of PCL International: “Achieving full interoperability requires the coordination of all financial systems through digital integration and automation.”
