Finance Minister Tells Lawmakers MDAs Generated D12.8 Billion in Revenue From 2021 to 2025

By Fatou Sillah

The Minister of Finance and Economic Affairs told lawmakers at the National Assembly that ministries, departments, and agencies (MDAs) generated a total of D12.8 billion in revenue between 2021 and 2025, funds he said were used to support government operations.

Responding to a question from the National Assembly member for Upper Saloum, the minister said the revenue was collected by MDAs across the central government during the five-year period.

“I want to inform the Honourable Member that the total amount of revenue raised by MDAs of the central government for the period 2021 to 2025 amounted to D12.8 billion; hence, all these funds were used in funding the government operations,” he said.

The minister said the government’s Integrated Financial Management Information System (IFMIS) currently records revenues generated by MDAs financed through the central government budget.

He noted, however, that the system does not yet capture all self-generated revenues raised by certain institutions.

“The IFMIS system currently accounts for revenues for the MDAs financed through the central budget; hence, not all sectors raising self-raised revenues are captured in IFMIS, nor are they appropriated through the budget,” he said.

To improve oversight, the minister said his ministry has introduced new measures requiring government institutions to report their self-generated revenues more regularly.

“We have enhanced the oversight in this area; going forward, they will submit to the Ministry of Finance their revenue collections quarterly,” he said.

He added that the government is also restructuring its budget management system to strengthen monitoring of non-tax revenues generated by public institutions.

“We are also reorganizing our Budget Directorate to create a dedicated section for the non-tax revenues, and they will now be following up with the agencies to find out how they are moving with their targets,” he said.

According to the minister, expanding the use of IFMIS remains central to the reforms. Institutions not yet connected to the system will gradually be integrated as part of ongoing efforts led by the Accountant General.

“The rollout of IFMIS forms the core of these reforms. For those agencies that are not on the IFMIS, the accountant general is working on a plan to onboard them to the IFMIS. It is a work in progress,” he said.