The much anticipated report on the state of the economy left by former President Ernest Bai Koroma is due to be released today (July 4), APA can report.The Government Transition Report will be officially presented to President Julius Maada Bio at State House before being presented to the public at a special press briefing scheduled at the office of the president.
The Transition Report is the result of a stocktaking by a presidential committee set up immediately after President Bio was sworn into office following his election on March 31.
It followed claims by the Bio administration that it had inherited the worst economy since Independence. According to reports on the eve of the release of the report, the claims of the new government prior to the stocktaking have been vindicated.
Yusuf Keketoma Sandi, Presidential Press Secretary, was quoted on Tuesday saying the report revealed massive corruption levels in government which led to the near collapse of the economy. Mr Sandi’s claims echoes a widely publicized report by the UK-based Africa Confidential magazine last week which cited a leaked version accusing former President Koroma of presiding over grand corruption in government.
The 12-man Transition Team was chaired by Prof. David Francis, who is currently the Chief Minister in the cabinet of President Bio. Francis is scheduled to take questions from the press regarding the report after formally presenting it to President Bio.