BY JOSEPHINE W. LAGAWO
232NEWS, FREETOWN
The Executive Director for Budget Advocacy Network (BAN) Abubakarr Kamara has said that over the years the Public Account Committee in Parliament has not been taking the Auditor’s General Report seriously in addressing issued raised by the Audit Service Sierra Leone about the failure to comply by Ministries, Department and Agency (MDAs).
Kamara pointed out that the Ministry of Finance needs to rationalize the expenditure and work behind closed doors to reduce the debts Sierra Leone has accumulated from international partners.
The Director of Public Debt at Ministry of Finance Martin Sandy said that to reduce the country’s debt, the Ministry is holding a workshop to developed strategic policy for medium term and that they are going to look at the elements cost of the existing debt which is US$ 2.7B which according to him is a risk.
He explained that they want government to be paying bits by bits to reduce the debt, noting that, at the workshop, three options have been designed to reduce the debt.
He explained that most of the debts are being used for infrastructural and structural projects such as energy, the building of Bumbuna hydro, the Tokeh Lumley Road.
