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Ministry of Finance Ends Review of World Bank Funded Projects Portfolio Performance Workshop

FORUM NEWS SIERRA LEONE by FORUM NEWS SIERRA LEONE
16 December 2025
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Ministry of Finance Ends Review of World Bank Funded Projects Portfolio Performance Workshop
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To boost project delivery nationwide, the Ministry of Finance, in partnership with the World Bank, completed a two-day Portfolio Performance Review of World Bank-funded projects on 9th November 2025 at the Ministry of Finance Conference Hall, George Street, Freetown.

Deputy Financial Secretary of the Multilateral Project Division, Moore Momoh, stated the workshop’s purpose was to assess project performance, pinpoint obstacles, and suggest effective solutions for implementation.

Financial Secretary, Matthew Dingie, stated that project completion is key to demonstrating the level of competency and the seriousness of such projects, which would translate into meaningful development for the people of Sierra Leone.

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Mr Dingie encouraged all projects implementing units to be steadfast in their duties for the betterment of all Sierra Leoneans.

The Deputy Minister of Finance, Madam Kadiatu Allie, advised project Managers to work as a team and share experiences. She also emphasised that delaying the implementation of the project would disturb the Country’s Performance rating, which would also affect disbursement and development.

The World Bank Country Manager in Sierra Leone, Abdu Muwonge, in his statement, explained that the objective of the workshop is to know how far the projects are performing and what constraints slow down the progress of some projects, and commended the project team for the good job so far.

He added that every project has timelines, targets, and a date of conclusion, while emphasising that the staff of projects should avoid the blame games and urged them to take responsibility for their actions.

“I’m aware that every project has constraints ranging from the side of the Bank and government, but my focus this time around is to improve compliance with sector policies with specific norms that would bring value to the government for the services of citizens”, he added.

Mr Muwonge also disclosed that this year’s portfolio review would focus on risk management, such as Financial Risk, Procurement Risk, and Environmental Risk, which have adversely affected project implementers.

He also mentioned that the new partnership framework increased the portfolio from $515 million in FY 2021 to about $1 billion.

Credit: MOF Communications.

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