As part of the Government’s ongoing payroll decentralization program being implemented by the Ministry of Finance, President Ellen Johnson Sirleaf has dedicated the first cash center in Bopolu, Gbapolu County.
Speaking at the dedication ceremony in Bopolu, Gbapolu County on Monday July 22, 2013, president Sirleaf disclosed that the establishment of the cash center in the County will provide incentive for civil servants, as they would receive their salaries on time and with less constraints.
She expressed hope that banking institutions will now begin to build interest in taking over the cash centers which will bring about economic activities in Bopolu and other non-banking counties where cash centers have been established.
The Liberian President at the same time called on the Ministry of Finance to speedily move the payroll decentralization program to remote areas in non-banking counties to alleviate the constraints face by civil servants in getting their salaries.
For her part, Deputy Finance Minister for Expenditure and Debt Management, Angela Cassell-Bush said the cash center will alleviate the hardship associated with civil servants salary payment in Gbapolu County as they safely cash their pay checks upon receipt.
She furthered that the cash center will provide low cost incentive and housing facilities for banking institutions wanting to establish branch in the County.
Minister Bush, who presented the cash center on behalf of Finance Minister Amara Konneh to the Liberian president, noted that government is already in negotiation with some commercial banking institutions including Global Bank to consider an immediate takeover of the center.
The establishment of the cash center is part of government’s effort to decentralize civil servants salary payments across the country. The dedication of a cash center in Bopulo is the forth in a series , as the Ministry of Finance recently dedicated cash center in Grand Kru, River Gee and River Cess Counties.