The Fiscal Risk Management Division of the Ministry of Finance, in collaboration with AFRITAC West 2, on Tuesday, 26th May 2026, concluded a week-long training workshop on Fiscal Risk Management Tools at the Ministry of Finance Conference Hall on George Street, Freetown.
The training brought together participants from the Ministry of Finance, the National Revenue Authority (NRA), the Bank of Sierra Leone, the National Public Procurement Authority (NPPA), the Ministry of Planning and Economic Development (MOPED), the National Disaster Management Agency (NDMA), the Accountant General’s Department (AGD), the Attorney General’s Office, as well as other Ministries, Departments, Agencies (MDAs), and State-Owned Enterprises (SOEs).
Speaking during the closing session of the workshop, the Director of the Fiscal Risk Management Division, Dr. Alhassan Mansaray, thanked AFRITAC West 2 and partner institutions for their participation and support throughout the intensive training exercise aimed at improving fiscal risk management within government institutions.
He noted that over the course of the training, the mission team guided participants through a comprehensive assessment of Sierra Leone’s fiscal risk landscape while strengthening the institutional foundation for more effective fiscal risk identification, monitoring, reporting, and mitigation.
Dr. Mansaray further disclosed that the mission provided a valuable opportunity not only to review the existing Fiscal Risk Statement and Fiscal Risk Register, but also to deepen institutional understanding of emerging fiscal vulnerabilities and the mechanisms required to manage them effectively.
“This practical workshop and the hands-on training sessions on IMF fiscal risk tools such as FRAT, PFRAM, and DGLAT have significantly enhanced the technical capacity of staff across the Ministry and sister institutions,” he stated.
He also commended the progress made in advancing the draft standalone Fiscal Risk Statement and Fiscal Risk Register, noting that the initiative has strengthened oversight of State-Owned Enterprises and deepened participants’ analytical capacity in areas such as macroeconomic sensitivity analysis, contingent liabilities, Public-Private Partnership (PPP) risk assessment, and debt-related vulnerabilities.
In his remarks, the Financial Secretary, Matthew Dingie, expressed appreciation to the AFRITAC West 2 team for the training, which he said would help sustain the ongoing reforms being undertaken by the government.
“I believe the training was very detailed and insightful. It will help improve the fiscal risk statement, policy outputs, and actions that other countries can assess as benchmarks for Sierra Leone’s commitment to Public Financial Management reforms, as stipulated in our laws,” he noted.
The Financial Secretary also encouraged participants to apply the knowledge and skills acquired during the training to drive meaningful change and strengthen fiscal risk mitigation measures within their respective institutions.
The Regional Adviser on Public Financial Management at IMF AFRITAC West 2 and Mission Team Lead, Ilyas Tufan, expressed satisfaction with the active participation, insightful contributions, and engaging discussions demonstrated by participants throughout the training sessions.
He further thanked the leadership of the Ministry of Finance for the hospitality and support extended to the mission team during their stay in Sierra Leone.