Sierra Leone - Institutional Strengthening Programme for Debt Management Units

The Institutional Strengthening Programme for Debt Management Units will address the problems of the Public Debt Services through the provision of medium-term technical assistance. The project will also provide computer and office equipment to the Public Debt Services (PDU). The project focuses mainly on the following points: (i) strengthen the Government's capacity to define and select appropriate external borrowing strategies; (ii) assist the Government in establishing appropriate legal, institutional and administrative structures for more effective public debt management; (iii) increase the operational efficiency of the Public Debt Services of the Ministry of Finance and the Bank of Sierra Leone through strengthening their technical capacity and increasing their staff and equipment; (iv) establish a comprehensive, coordinated and computerized system in the Public Debt Services for the recording, analysis and management of public debt; and (v) strengthen the capacity of the Ministry of Finance to coordinate external assistance, investment and budget programming and planning with other ministries and government agencies. The project will be implemented over a period of 24 months starting in February 1991.