By Kelfala Kargbo
Freetown, 17th September 2026 – The Ministry of Finance has announced plans to sign a performance contract with the National Revenue Authority (NRA), a move aimed at tightening accountability and boosting domestic revenue mobilization in the 2027 financial year.
Delivering an overview statement during the national policy hearing on the 2027 budget preparation, Finance Minister Karefa Kargbo said the agreement will bind the NRA to strict benchmarks, shifting the institution from short‑term revenue drives to sustained, modernized collection systems.
“We’re moving away from passive target setting to active accountability. The NRA will be held to strict benchmarks, ensuring that changes are made, collection mechanisms are modernized, and revenue targets are met,” Kargbo said.
The minister emphasized that growth in revenue collection hinges on compliance, with a particular focus on intensifying Goods and Services Tax (GST) enforcement across Sierra Leone’s commercial centres.
He revealed that the government will roll out electronic cash registers to all GST‑registered businesses, integrated with digital systems nationwide. This, he said, will ensure that every tax collected at the point of sale is transferred directly into the Consolidated Revenue Fund (CRF).
“We will ensure that every legally mandated tax collected from consumers at the point of sale actually reaches the CRF,” Kargbo affirmed.
The performance contract marks a significant step in Sierra Leone’s fiscal reforms, reinforcing the government’s commitment to accountability and transparency in revenue administration. By binding the NRA to measurable targets, the Ministry of Finance hopes to reduce leakages, modernize tax systems, and create fiscal space to fund national priorities.
