Central Bank of Sierra Leone Capacity Building Component of The Financial Sector Development Plan


Project Summary

Approval Date 30 Nov 2011
Signature Date 01 Jun 2012
Planned Completion Date 31 Dec 2015
Last Disbursement Planned Date 31 Dec 2015
Sovereign / Non-Sovereign Sovereign
Sector Finance
DAC Sector Code 24030
Commitment U.A 807,018
Status Completion

Project General Description

The Financial Sector Development Plan Project is designed by the Government of the Republic of Sierra Leone (GoSL) with the support of the African Development Bank Group. This project includes the following components: (i) developing a bankwide information technology policy and strategy; (ii) developing record management systems and (iii) developing policy and strategy to support the implementation of risk-based internal audit operations, staff training and the recruitment of competent technical assistance in the Research Department, Banking Supervision Department, Internal Audit Department as well as strengthening the Financial Sector Development Plan Secretariat in the Office of the Governor of the Bank of Sierra Leone.

Project Objectives

The principal objectives of this project are financing capacity building and technical assistance to enhance the capacity of the Bank of Sierra Leone as the apex financial institution to formulate, coordinate and take a pro-active leadership role in advancing financial sector reforms and implement the Bank of Sierra Leone institutional development plan.

Beneficiaries

The main beneficiary of the project is the Bank of Sierra Leone.

Participating Organization

Funding
Fragile States Facility
Implementing
Bank of Sierra Leone
Implementing
Bank of Sierra Leone (BSL)

Information

IATI identifier 46002-P-SL-HA0-004
Last Update 27 Sep 2020

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Geographic Location

Country Sierra Leone