The Accountant General has an Integrated Financial Management Information System (IFMIS), operating on a FreeBalance platform, which enables all commitments and payments to be made centrally on certified requests from Vote Controllers, and is the basis of budgetary control.
Promoting Decentralization and Accountability in Sierra Leone
FreeBalance has worked with the Ministry of Finance of the Government of Sierra Leone since 2004 to implement and support the Integrated Financial Management System (IFMIS) which provides financial management and payroll operations for the entire government.
The Government of Sierra Leone has a truly integrated FMIS including the Performance Budgeting, Core Public Financials and Payroll modules of the FreeBalance Accountability Suite™.
The IFMIS is a critical component of the government’s PFM reform program and poverty reduction goals.
Further Reading
- How to improve your country’s PFM rankings
- FreeBalance customers perform better in their PEFA assessments
- Latest World Happiness Report shows that FreeBalance customers outperform the global average
Read more success stories on how we helped governments all over the world improve their fiscal transparency and accountability.
Sierra Leone PFM Achievements
Public Expenditure and Financial Accountability (PEFA) Assessment
The latest PEFA assessment shows improved results for the Government of Sierra Leone.
Corruption Perception Index
Sierra Leone has made remarkable advances in combatting corruption.
Open Budget Index
The Government of Sierra Leone significantly improved their ranking in the latest Open Budget Index.
World Governance Indicators
The World Governance Indicators related to PFM show improvements in both Sierra Leone’s scores and ranking – especially in Control of Corruption.
World Happiness Report
Sierra Leone’s progression in the World Happiness Report shows steady improvement.
Related Stories
Sri Lanka
The Integrated Treasury Management Information System (ITMIS) in Sri Lanka is part of a major reform initiative towards improved fiscal management in Sri Lanka through the Fiscal Management Efficiency Project.
Liberia
Since 2010, the Government of Liberia has successfully leveraged the FreeBalance Accountability Suite™ to enable modern comptrollership and governance throughout the public sector.
Mongolia
Transparency helps improve governance, particularly for high-growth resource-rich countries like Mongolia and the country has seen “dramatic improvements” in budget transparency as noted by the International Budget Partnership Open Budget Index (OBI).