Sierra Leone - Economic Governance Reform Program (EGRP II)

The second Economic Governance Reform Program (EGRP II) is aligned with Sierra Leone’s Agenda for Change (PRSP II), and the African Development Bank/World Bank Joint Assistance Strategy (JAS) for Sierra Leone. The EGRP is justified by the fragility of Sierra Leone's economy and socio-political systems as a post-conflict country. It aims to assist the Government in implementing its poverty reduction strategy and the integrated PFM reform program. The current budget support operation should continue the reforms initiated under EGPR I and complemented by the institutional support project and the targeted technical assistance program. The EGRP II focuses on two components namely: (i) strengthening public expenditure management, and (ii) strengthening revenue governance in the mining and energy sectors. The expected outcomes of the program are improved fiscal discipline and efficiency/effectiveness of public expenditures, and improved revenue transparency and accountability in the mining and the energy sectors.