In 2007, the Ministry of
Planning and Economic Development was merged with the Ministry of Finance. The
rationale for the merger was to prevent overlap, duplicity, lack of
coordination, and wastage in capital spending and current expenditure budgeting
The decision was not unique
to Sierra Leone. It was part of the wave across most countries in Africa, which
began in 1999’s and early 2000’s to advance coherent and efficient governance.
However, the expected gains were not realized and the Planning and Economic
Development functions were relegated to a second-tier role below fiscal and
financial management. Consequently, in 2018, the
newly elected Government separated the two ministries and we now have Ministry
of Finance (MoF) and the Ministry of Planning and Economic Development (MoPED).
The Ministry is housed in the National Authorizing Office at Tower Hill.