Sierra Leone’s Public Accounts Committee (PAC) has taken decisive action to improve financial governance by unanimously passing a resolution during its third sitting on Wednesday, January 15, 2025. The meeting addressed queries raised by the Auditor General concerning the nation’s financial accounts for the fiscal year 2023.
Under the leadership of Hon. Ibrahim Tawa Conteh, the PAC has directed the Accountant General to retrieve funds and ensure they are deposited into the consolidated revenue funds. This move aims to strengthen the management of imprest accounts, which are critical for the government’s financial operations.
Following extensive deliberations, the committee concluded that no payments should be processed by the Accountant General regarding imprest and donor-funded accounts unless accompanied by sufficient supporting documentation. This requirement aligns with public financial management regulations and mandates certification by Internal Auditors before any disbursements are made. The PAC’s resolution is designed to promote transparency and accountability within the government’s financial dealings.
Additionally, the committee addressed concerns related to the payment of allowances without appropriate deductions for PAYE (pay as you earn) taxes. In response, the PAC has instructed auditors to compile a schedule of these payments for submission to the Accountant General. This step is crucial for ensuring that over Le 260 million Old Leone in taxes is properly deducted and remitted to the consolidated revenue funds.
The PAC’s actions reflect a strong commitment to fiscal responsibility and governance in Sierra Leone, aiming to enhance the integrity of public financial management practices across the country.