Le20 Trillion For 2019 Budget

 

By Ayodele Deen Cole

 

The Financial Secretary in the Ministry of Finance, Sahr Lamin Jusu has disclosed that a proposal of over Le20 trillion has been forwarded by Ministries, Department and Agencies (MDAs) to carry out their activities for the Fiscal Year 2019.

The Financial Secretary made the disclosure when recently responding to questions on the outcome of the concluded national budget hearing process at the Bank of Sierra Leone Complex, Kingtom in Freetown.

According to Mr. Jusu, the 2019 budget proposal is the highest increase in budgetary expenditures presented to the government, adding that the increase is more than three to four times the previous budget provided by the government.

Before now, the Financial Secretary said, the last budget was about Le5 trillion that was supported by both local and international revenue generation. He also noted that as at now, the government does not have that amount of money but it would be looking into some of the activities and programmes forwarded by the MDAs for possible cut down.

Mr. Jusu disclosed that among those that have forwarded huge budget proposals include the National Revenue Authority (NRA), The Ministry of Health and Sanitation and the Ministries of Basic and Secondary Education and Higher and Tertiary Education.

He also noted that the government is not currently receiving any budgetary support from international partners but relies on domestic revenue generation to finance the budget, adding that the government would welcome any support from international partners to carry out its full activities.

Meanwhile, some civil society activists have expressed grave concern over the huge amount of money demanded by MDAs. They questioned the ability of government to finance such fabulous budget for the first time in the history of the country.