Ministry of Finance and Partners Develop Innovative Financing Roadmap.

The Public Debt Management Division in the Ministry of Finance, with support from the United Nations Development Programme (UNDP), on Friday, 28th November 2025, ended a three-day workshop on developing a roadmap for Innovative Financing at Nimiyama Hotel, Rokel.

On the closing session, the Deputy Director of Public Debt Management Division, Santigie Charles Conteh, explained that the country is facing a significant financing gap to achieve its development goals in key sectors such as healthcare, agriculture, education, climate resilience, infrastructure, and even funding the big five game changers of government.

He noted that traditional funding sources, including government revenue and donor assistance, are insufficient to address government needs; hence, the need to diversify the national financing architecture by exploring and deploying innovative financing instruments that can leverage private capital, unlock new revenue streams and improve the efficiency of public expenditure.

He added that the roadmap would promote fiscal space and ease pressure on public debt accumulation, link climate financing opportunities and responsive projects, which are evident in the country.

The participants from Ministries, Departments and Agencies thanked the Ministry of Finance and the United Nations Development Programme (UNDP) for the opportunity and promised to cascade the ideas discussed during the workshop on innovative financing for economic growth.

The training workshop benefited staff from the Accountant General’s Department, Bank of Sierra Leone, Ministry of Planning and Economic Development, National Revenue Authority, National Investment Board, Environmental Protection Agency, and the Ministry of Finance.

MOF Communications