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Thursday, February 22, 2024

PRESIDENT WEAH ACCENTUATES IMPORTANCE, BENEFITS OF AFRICA PUBLIC ACCOUNTS MANAGEMENT

Date:

LIBERIA – The President of the Republic, H.E. Dr. George Manneh Weah, has spoken highly of the importance of the Africa Organization of Public Accounts Committees (AFROPAC) and its benefits for citizens across the African Continent.

AFROPAC, which was founded about a decade ago, is holding its 4th Meeting and Symposium in Liberia to review progress and proffer fresh ideas and benchmarks as to how Africa conducts and manages public finances.

The 4th Meeting and Symposium is being held under the theme “Collect Comprehensively, Borrow Wisely, Spend Efficiently: Public Finance in the Pandemic Recovery.”

Addressing the Symposium Monday, October 31, 2022, President Weah said like other countries, Liberia stands to accrue from the fair, transparent and accountable management of public accounts across the African Continent.

President Weah briefly reflected on the founding of the organization, stating, “I’m informed that AFROPAC was founded almost a decade ago with the vision to be the voice of all legislative and parliamentary public accounts Committees on the African Continent, for the purpose of promoting transparency and accountability through the PAN African network of a parliamentary committee to structure budgets and other public accounts.”

The Liberian Leader acknowledged the objective of creating a unified structure of public accounts across the Continent is to regulate all parliamentary oversights of public expenditure, describing it as an important undertaking that gives rise to opportunities to share knowledge benchmarks and best practices to African peer review and exchanges.

“This network leads to increased prosperity for all our citizens and as they stand to gain immense benefits from greater transparency and accountability in the management of public finances,” the Liberian Chief Executive further noted.

He expressed profound gratitude to Liberia’s Public Accounts Committee for ensuring the hosting of the 4th Symposium in Liberia and inviting him to participate.

On behalf of the Government and people of Liberia and in my own name, I welcome you all to Liberia,” President Weah stated, wishing the delegates well in their deliberations towards the fruitful holding of the 4th Meeting and Symposium in Liberia.

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