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Tuesday, December 3, 2024

LIBERIA: COMPTROLLER AND ACCOUNTANT GENERAL CALLS FOR ADHERENCE TO PUBLIC FINANCIAL MANAGEMENT LAW

Date:

MONROVIA – The Ministry of Finance and Development Planning, under the guidance of the Comptroller and Accountant General Elwood Neetey is urging all government entities in Liberia to adhere to the Public Financial Management Law. This law specifically addresses the suspension, transfers, reassignments, and dismissals of Comptrollers and Accountant staff within ministries, agencies, and commissions.

The Public Financial Management Law of Liberia clearly defines the roles and responsibilities of the Minister of Finance and Development Planning, the Civil Service Agency, and the Comptroller and Accountant General in matters concerning the appointment and status changes of accounting staff within the government.

According to the Comptroller and Accountant General’s office, the authority to make decisions regarding the status of Comptrollers and accounting staff rests with the Minister of Finance and Development Planning, the CSA, and the Comptroller and Accountant General of Liberia. This authority is outlined in the Public Financial Management Law, emphasizing the importance of following proper procedures and consultations in these matters.

The law serves as a vital framework for promoting transparency, accountability, and efficiency in financial management practices across various government sectors in Liberia.

Heads of ministries, agencies, and commissions are encouraged to consult with the office of the Comptroller and Accountant General when making decisions related to the status changes of accounting staff, including Comptrollers, to ensure compliance with the PFM Law.

The Comptroller and Accountant General’s office reiterates its commitment to upholding professional standards and ensuring that all accounting staff demonstrate excellence in their roles within the government.

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