Sierra Leone - Public Expenditure Review
When Sierra Leone emerged from its long civil war at the beginning of 2002, it had many pressing needs for recovery and reconstruction. As a consequence, Sierra Leone was one of the largest beneficiaries of foreign aid as a share of Gross Domestic...
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| Language: | English |
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World Bank
2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20101124231544 http://hdl.handle.net/10986/2945 |
| Summary: | When Sierra Leone emerged from its long
civil war at the beginning of 2002, it had many pressing
needs for recovery and reconstruction. As a consequence,
Sierra Leone was one of the largest beneficiaries of foreign
aid as a share of Gross Domestic Product (GDP) and aid per
capita. Since then, as peace has been consolidated, the
level of external assistance has gradually declined from
15.5 percent of GDP in 2002 to 5.2 percent of GDP in 2008 as
donors phase out their post-conflict allocations and GDP
expanded rapidly. This Public Expenditure Review (PER)
records improvements in many aspects of economic and fiscal
management as well as service delivery. The main message of
the PER is that the Government's investment plans
should be accompanied by equally ambitious improvements in
sector policies, budgetary planning and execution
procedures, public service reform and human resource
management. Priorities include continued good macroeconomic
and fiscal performance, a more effective public service, and
further advances in public financial management including
earlier involvement of the political leadership in budgetary
decisions in the budget cycle, improvements in the public
investment management system, reduced deviations in budget
execution, continued procurement reform, better contract
management, and deepened accountability mechanisms. These
issues are reviewed and discussed below. Because of their
prominence in the Second Poverty Reduction Strategy Paper
(PRSP-2), the health and roads sectors are reviewed as well. |
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