IMF Urges S/Leone Gov’t to Enforce Mandatory Declaration of Assets by Public Officials
The International Monetary Fund (IMF) has called on the Government of Sierra Leone to fully implement and rigorously enforce mandatory asset declaration requirements for senior public officials, describing the move as vital to strengthening transparency, reducing corruption vulnerabilities, and enhancing institutional credibility.
In its engagement with national authorities, the IMF stressed that a comprehensive and enforceable asset declaration regime is a cornerstone of good governance. According to the Fund, requiring senior public officials to periodically declare their assets and liabilities helps deter illicit enrichment, expose potential conflicts of interest, and reinforce public trust in state institutions.
The IMF further emphasized that passing legislation alone is insufficient. It underscored the importance of effective implementation, independent verification processes, and the establishment of clear sanctions for non-compliance. Strengthening institutional capacity to scrutinize, verify, and monitor asset declarations was also highlighted as critical to ensuring the system’s effectiveness.
The recommendation forms part of broader governance and structural reform measures aimed at improving fiscal discipline, reinforcing anti-corruption safeguards, and promoting transparency within Sierra Leone’s public financial management framework.
Analysts observe that the strict enforcement of asset declaration laws could significantly enhance public confidence in governance, particularly at a time when citizens are increasingly demanding accountability, integrity, and responsible stewardship of public resources.
