Accountability has been keyed to the George M. Weah administration as he insists that monies coming in through donor support will be fully accounted for. President Weah told a jam packed stadium on January 22,2018 during his historic inauguration. President Weah said, his government is committed to a more transparent and accountable dealings over the period of his administration.
Last week, Weah security apparatus arrested and imprisoned two of his senior officials on allegation of bribery on the heels of awarding real estate contract.
Weah has also threatened that his government has no ‘Sacred Cow’ and that any public official caught in corrupt practice will faced the full weight of the law.
On Monday,January 17, the Minister of Finance and Development Planning, Samuel D. Tweah,assured Liberians and partners that the ministry will track and monitor financial flow from partners towards the implementation of the Pro-Poor Agenda for Prosperity and Development (PAPD).
Tweah stressed that the Ministry of Finance and Development Planing and other ministries and agencies will set up structure for priorities and alignment of resources ofevery sector to understand what is coming from development partners to implement the PAPD.
The Finance Minister made the statement Monday at a meeting between the United Nations Agencies and the Government of Liberia Strategic Prioritization Dialogue held at a local hotline Sinkor.
Tweah said that a donors’ conference will determine local resources that are already lacking and try to identify new resources such as an investment brochure to attract private investors into Liberia.
He indicated that the government has reduced most of the bureaucracy associated with doing business in Liberia so as to improve the business environment.
Meanwhile, the United Nations Resident Coordinator Yacoub El Hillo has said that the Strategic Prioritization Dialogue is a continuation of the UN process and discussions with stakeholders to ensure that the United Nations Development Framework(UNDAF) is aligned to the PAPD.
Hillo stressed that the United Nations has embarked on developing a new UNDAF to represent the collective response to the government’s effort to achieve the PAPD priorities and the Sustainable Development Goals (SDGs).
According to him, the dialogue will also provide the opportunity for discussions on the Draft UN Vision 2020 reflection on UN priority areas of support and UNDAF sensitization.
In related development, Min. Tweah hasre-echoed government t’s commitment to ensuring a sustained business climate in the country.
According to Tweah, improving the business climate requires removing all unnecessary barriers to ensure that business registration and construction permits are effective and efficient for investors.
He indicated that the government has set up a business climate working group intended to develop a new strategy to improve the business sector of Liberia.
Tweah, making remarks on Tuesday at a Business Climate Stakeholders’ Forum organized by the Ministry of Finance and Development Planning in collaboration with the World Bank Group, said currently there is a team of Liberians in Rwanda who were sent by the government to study the business climate there and how to help strengthen the business environment in the country.
“The government cannot do it alone, with the collective effort of the private sector and partners we can transform the business sector of Liberia,” Tweah stated.
He at the same time disclosed that President George Manneh Weah is expected to shortly launch a US$3million low interest loan scheme for small businesses in the country.
According to Tweah, the government will set up a mechanism to monitor the low interest rate so as to ensure that small businesses can be sustainable.
He indicated that government is working with Liberia Bank for Development and Investment (LBDI) to ensure that low interest rate on small businesses are implemented.
“This will help small businesses which are struggling for finance to release their goods from the Freeport of Monrovia and enhance the business climate in Liberia.