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Heritage News Liberia / 19/Mar/2024 /

GoL, World Bank Mission Team conclude Week-Long Meeting

The Government of Liberia(GoL) and the World Bank Mission have concluded a week-long meeting geared towards strengthening the Public Financial Management System across spending entities of government.

 

 

 

Finance and Development Planning Minister Mr. Boima Kamara speaking on behalf of the GoL, commended the Bank for helping to strengthen the country’s Public Financial Management System across various spending entities.

 

Minister Kamara also lauded the Bank for what he termed as “level of commitment and support”, through capacity building and other financial support to other sectors of the Liberian economy.

 

According to him, recommendations from the mission visit will be addressed. He said “as we all gear up to strengthen the public financial management system across the government, we think that will enhance transparency and efficiency across government.”

 

The Liberian Finance Minister expressed the need for more engagement and support that will help improve others' financial systems and sectors across the country.  He disclosed that all the areas highlighted during the Bank visit will be addressed and various systems will become functional.

 

For her part, World Bank Liberia Country Manager Georgia Wallen expressed delight with the various engagements between the Bank and the Government of Liberia, including stakeholders.

 

Also, the World Bank Senior Financial Management Specialist and mission lead, Macdonald Nyazvigo said their mission visit was successful and well honored as part of team coordination and participation.

 

However, he said that great progress was made also with robust technical assistance from the Ministry of Finance and Development Planning. “When we visited some stakeholders, we were very impressed with progress made and we think we can showcase some of the progress made’’ He added.

 

The concluding meeting was attended by the Finance and Development Planning Minister Boima S. Kamara, the World Bank Country Manager, Ms. Georgia Wallen, Senior Financial Management Specialist and Team Mission lead, Mr. Macdonald Nyazvigo, and Senior Management Team of MFDP.

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