This assessment finds that thegovernment of Sierra Leone has supplemented the improvedlegislative framework by establishing the National RevenueAuthority and internal audit units. Procedural innovationswere put into place for budget planning and monitoring. Inaddition, a new Integrated Financial Management andInformation System (IFMIS) has replaced the old,unsustainable Financial Management and Accounting System(FMAS). Weaknesses included lack of budget credibility andpredictability, fiscal management challenges, weaknesses inexpenditure control (including payroll), and low levels oftransparency. The Government considered that much remainedto be done to move the system to a level that is capable ofdirecting resources to priority areas and support highquality expenditure outcomes. This Public Expenditure andFinancial Accountability (PEFA) progress report representsthe most recent independent assessment.