27/11/2022
DSTI and Ministry of Trade and Industry will use technology to make Sierra Leone better for business.
The Directorate of Science Technology and Innovation (DSTI) and the Ministry of Trade and Industry (MTI) have signed a Memorandum of Understanding (MoU) to develop and implement evidence-driven reforms for efficient public service delivery and to make Sierra Leone better for business and trade.
The MoU signed at the Ministry of Trade and Industry at Youyi Building in Freetown last week provides a framework of cooperation and collaboration for both institutions to improve Sierra Leone’s performance on the World Bank’s Doing Business Index. The Doing Business Index released annually compares quantitative indicators on business regulations and the protection of property rights across 190 economies. The index measures government regulations that enhance business activity and those that constrain it.
Over the past decade, Sierra Leone’s Ease of Doing Business ranking averaged at 150, placing it amongst the worst performers in the world. When H. E. President Julius Maada Bio assumed office in May 2018, the EODB ranking for that year was where it is now at 163 of 190 countries. Committed to creating an effective and transparent business environment in Sierra Leone, H.E Bio launched the Ease of Doing Business initiative as an integrated and coordinated effort across all Ministries, Departments, and Agencies (MDAs) engaged in service delivery.
“When government institutions actively seek to share data, knowledge, capacity, and ideas- citizens win. This relationship will improve service delivery not just for the private sector but also for citizens seeking to access government services like payment of taxes or registering a company. These activities fall within the National Development Plan and the National Innovation and Digital Strategy. We seek to make Sierra Leone a favorable place for innovation, entrepreneurship, and industry,” said Dr. Moinina David Sengeh.
“With
