By: Saidu Jalloh
Minister of Trade and Industry Ibrahim Alpha Sesay highlighted economic diversification as a key strategy for creating sustainable employment and reducing Sierra Leone’s dependence on the primary sector.
Speaking at the FY2027 Budget Hearing and Preparation Session, Sesay said consistent investment in productive sectors is necessary to generate decent jobs and strengthen the country’s economic foundation.
He explained that government is promoting domestic and international trade by creating an enabling environment for businesses and investors, while placing greater emphasis on local manufacturing and agriculture.
According to Sesay, the approach is intended to increase domestic production, encourage local consumption and expand Sierra Leone’s capacity to export.
The Trade Minister stressed the need for a coordinated approach to developing sectors including mining, fisheries and tourism, noting that collaboration among ministries and relevant institutions is essential to maximize their contribution to economic growth and employment.
He further disclosed that the Ministry continues to advocate fiscal incentives to attract local and international investors, particularly amid increasing global competition for investment.
Sesay said the Ministry would continue working with the Ministry of Finance and other institutions to strengthen productive sectors, expand trade and create meaningful employment opportunities for citizens.