The economy of nation or country is the source of its livelihood or demise and therefore a prerequisite to the very existence of any state. Generally, elementary economics have defined the subject matter as “Science which studies human behaviors as a relationship ends and scare means which have alternative uses”. It is against this background that nationals attempt to satisfied there unlimited ones with the limited resources at there disposals. In Sierra Leone the management of the economy of the state since independent has persistency abuse by corruption and a host of many other factors. The main source of income to the Sierra Leone economy:1. Minerals and mining 2. Taxation in all its various forms 3. Foreign aids for development purpose etc.
However, generating income for all of the process listed above and the allocation and distribution of this resources has been flooded by: poor mining agreement with foreign companies, inept and inadequate tax policies, poor debt management and misused of donor funds, lack of transparency and out right corruption by the state actors (Government) who do not adequately account to the people.
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