Finance Ministry ends 2020 Formula Based Grants Distribution to Local Councils

The Local Government Act, 2004 also makes provision for the use of a formula based grant distribution system for allocating devolved grants to Local Councils across the country. The review of this formula for the financial year 2020 took place in Bo last week through a process facilitated by the Local Government Finance Department at the Ministry of Finance. Senior economist at the Local Government Finance department at the Ministry of Finance, Salieu Kamara said that the annual review of the Formulae and criteria requires active participation of all stakeholders especially the Local Councils, Technical staff of the various Ministries, Department and Agencies to ensure inclusiveness, accountability and transparency of the distribution of resources across the various Councils and devolved Sectors, and the preparation of the FY 2020 budget. David Wobay, Chairman Local Government Finance Committee explained how they arrived at the formula used in allocating the various amounts recommended. This Committee is charged with the responsibility to recommend to the Minister of Finance the amount of grant allocations to each Local Council.

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