By: Kadijatu Bangura, Reporter D.S
Chief Minister Dr. David Moinina Sengeh and Vice President Dr. Mohamed Juldeh Jalloh represented Sierra Leone at the 4th International Conference on Financing for Development (FFD4) held in Seville, Spain. The conference convened 27 Heads of State and Government, along with prominent figures such as the UN Secretary-General and the President of the EU Council, to discuss strategies for fostering a more inclusive and equitable society.
During a high-level side event organized by Global Citizen Now, Vice President Jalloh emphasized the urgent need for effective financial strategies to address the widening financing gap affecting the Global South. He pointed out that the precarious situation of these nations has been exacerbated by a rapid contraction of development aid.
“Countries must learn from Sierra Leone’s experience and build stronger regulatory, financial, and governance frameworks to attract private sector investment,” Jalloh stated. He stressed the importance of aligning aid strategies with private investment, urging nations to rationalize their aid portfolios to ensure that development assistance complements rather than competes with private investment.
“It is crucial that we align our aid strategies to foster an environment where private sector investment can thrive,” he articulated.
Jalloh expressed encouragement from the support received from other panelists, including Gates Foundation CEO Mark Suzman, regarding the strategy he presented to accelerate inclusive and equitable development in a changing global context.
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