Finance Ministry, World Bank and Key Stakeholders Endorse Draft Roadmap for Interoperable PFM Systems

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By: Saidu Jalloh

The Directorate of Financial Management Systems and Technology (DFMST) within the Ministry of Finance, in collaboration with the Bank of Sierra Leone through the Financial Inclusion II Project, and with support from the World Bank and other key stakeholders, has successfully concluded a two-day validation workshop on the draft interoperability roadmap for Public Financial Management (PFM) systems.

The workshop, held on October 28th and 29th, 2025, at the Sierra Palms Hotel in Freetown, brought together representatives from the Ministry of Finance, the Bank of Sierra Leone, the National Revenue Authority (NRA),NACRA, Civil Society Organizations (CSOs), and other Ministries, Departments, and Agencies (MDAs). Consultants from PCL International were also in attendance.

In his opening remarks, Samuel E. B. Momoh, Principal Deputy Financial Secretary at the Ministry of Finance, underscored the importance of interoperability considering the Government of Sierra Leone’s investment of over USD 300 million in standalone PFM systems. These systems include the Integrated Financial Management Information System (IFMIS), the Electronic Funds Transfer (EFT) system, and the ITAX platform at the NRA.

He noted that while these systems have made significant advancements in certain operations, they often operate in isolation, resulting in inefficiencies and redundancy. Momoh emphasized that implementing interoperable systems would enable seamless data exchange, build citizens’ trust, enhance donor confidence, and foster transparency, which in turn could attract foreign investment.

Dr. Simeon M. Jonj, Director of Financial Management Systems and Technology, explained that interoperability would enhance efficiency in financial management and reporting, improve transparency and accountability, and support data-driven decision-making while reducing costs.

According to Dr. Jonjo, the validation exercise aimed to consolidate stakeholder input gathered during the consultation process to ensure that the roadmap accurately reflects the collective vision of all PFM institutions. He emphasized the need for strong collaboration among institutions to ensure effective implementation across the sector.

Oluwole Austin Pratt, CEO of PCL International and consultant to the Government of Sierra Leone, highlighted that achieving full interoperability requires the integration and automation of all financial systems. He pointed out that many institutions currently operate separate systems, limiting data sharing and coordination.

Pratt added that the roadmap, developed through extensive stakeholder engagement, provides a comprehensive framework for seamless data transfer and integration across the PFM ecosystem. It sets clear guidelines on technical standards, infrastructure, data requirements, and policies, thereby laying the foundation for digital transformation and financial inclusion.

The workshop concluded with all stakeholders reaffirming their commitment to strengthening Sierra Leone’s PFM systems through interoperability and ensuring alignment with international best practices.

 

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