Finance Minister Kargbo Unveils Fiscal Reform Agenda as Sierra Leone Begins FY2027 Budget Process

Sierra Leone’s Finance Minister, Karefa A.F. Kargbo, has outlined government plans to improve revenue collection and strengthen financial management as the country begins preparing the 2027 national budget.

Kargbo spoke on Wednesday, September 16, at the National Policy Hearings in Freetown. He said the 2027–2029 spending plan will focus on economic growth, job creation, infrastructure, digital transformation and better public services.

The minister said government will work to increase domestic revenue as external financing continues to decline. He also announced stricter performance targets for revenue agencies and stronger action against tax evasion.

Kargbo said tax exemptions will be reviewed, while customs and warehouse operations will be strengthened through electronic tracking and improved audits. He also said the government is reviewing the Public Financial Management and Public Procurement Acts.