EGIRP Speaks Of Improvements In Financial Management

By Antoinette Sendolo

As the Economic Governance and Institutional Reform Project (EGIRP) gradually come to an end, several improvements have been made in the Financial Management System in the country according to the outgoing senior Public Sector Specialist, Mr. Raymond Mahula.

Speaking during his farewell program at the Ministry of Finance and Development Planning, Mr. Mahula noted that the Financial Management System of Liberia can now be compared to any other international Financial Management system.

He said though the project is coming to an end there is still a need to further improve on the system in order to maintain its status, adding that there are more to be done if Liberia must have a successful system.

“The process of Public Reform is a continuous process, so now that the project is about to close we should not be complacent because there is still a lot to do if this project must be successful”.

Mr. Mahula extended his gratitude to the Economic Governance and Institutional Reform Project team for their level of coordination while working together as a team.” I am not so excited because I will miss working with you all. For the past four years I worked in Liberia, I have already established a family with my team.”

Mr. Raymond Mahula will be replaced by Mr. Smile Dem Kwawukume will work with the team until the end of the project on June 30, 2015 due to his new assignment in Austral.

Also speaking, the Director of the Financial Management Training Project, Mr. Aagon said before the start of the project, Liberia was painfully recruiting International financial managers but now with the help of the Financial Management Training in the country, there are more qualified people in the system due to the project.

He highlighted that Mr. Raymond Mahula played a major role in strengthening the Financial Management system of the country adding that over the past four years, there has been a huge improvement in the system something he said can be attributed to the involvement of Mr. Mahula.

The Economic Government and Institutional Reform Project is intended to improve efficiency and transparency in managing public financial management and human resources and focuses on revenue administration, public procurement, budget execution and payroll management.

The project which started in May 2008 also aims to support governance and institutional reforms by strengthening public financial Management Processes and system, building the capacity of civil servants with focus on public procurement as a pilot, and initiating civil service reform.