By 2028, a Transformational Development Fund (Sovereign Wealth Fund) fully established for managing natural resource revenues (MTNDP 2024-2030. p.156)

Status of Delivery

No Progress

Julius Maada Bio

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Target description

The Mineral Wealth Fund was dissolved in January 2026; with a view to restructure it; under the title “Sovereign Wealth Fund”.

Target Baseline

" The Mineral Wealth Fund was established in 2023; although no monies were paid into it"

Comment on Target

Between 2017 and 2023 GoSL recognise that infinite natural resource wealth, were not translating into lasting an intergenerational prosperity. This led to the passage of the Sierra Leone Mines and Minerals Development and Management Corporation. However, internal wrangling over the control of the Fund led to its dissolution.

Evidence One
All SDSC targets
Trend Analysis