In 2018, the Government of Sierra Leone, through the Ministry of Planning and Economic Development (MoPED), commissioned the Sierra Leone Development Finance Assessment (DFA). The purpose of this assessment was to scan the entire financing landscape, map out trends and assess opportunities for financing the national development plan and the Sustainable Development Goals (SDGs). In 2019, the mission conclusively came up with 18 recommendations on the different sources of financing in the country. During the DFA, extensive discussions were held with key stakeholders in the public, private and development cooperation sectors. Relevant information was shared through national consultations that fed into preparing the DFA report and the Sierra Leone Integrated National Financing Framework (SLINFF) that followed it.
The SLINFF will support the country’s aspirations to walk out of fragility, for which clear targets have been set for 2023. The framework will provide a platform that will bring together the private sector and development partners to support the Medium-Term National Development Plan 2019-2023 (MTNDP) and integrated SDG implementation at the national level.
The SLINFF will guide the government towards obtaining the financing and investment needed to support the national development plan and catalyse the strategic approach required to mobilise private and public resources and the effective investment of these flows. It will provide direction to the government in its stride to mobilise and secure assistance from development partners, the private sector and any other potential development stakeholders.
This document is reviewable periodically to reflect current financing trends and assess progress in implementing the MTNDP. It will be updated to reflect the necessary steps needed to support the financing of the national plan and the SDGs.