Monrovia, Liberia - Comptrollers and Accountant General, Hon. Janka A. Kowo, including four staff from the Ministry of finance and development Planning, were over the weekend certificated following a training on Local Currency Bond Market Development.
The local currency bond market training framework was jointly sponsored by the World Bank Group, International Monetary Fund (IMF) and the WAIFEM, and was at the Cape Hotel, Mamba Point Monrovia Liberia.
Making remarks at the close of the training, Hon. Kowo thanked the World Bank, International Monetary Fund and WAIFM for the support towards capacity building especially through the comptrollers and accountant general department, and other key financial sectors under the Pro-Poor Agenda for Prosperity and Development over the years.
According to him, the training is very critical as Liberia moves towards developing its financial and monetary sectors and expects the country’s budget to move to over billion dollars in revenue collection in the following fiscal years.
“Such training is very critical as Liberia moves towards developing its financial and monetary sectors and expects the country's budget to move to over billion dollars in revenue collection’’ he added.
He noted that there is a need to develop the local currency bond market framework that will be used for rapid development and create financial sustainability.
Staffs who were certificated included Hon. Janka A. Kowo, James M. Barbu Jr. Sr. Accountant financial reporting unit, Julius P. Browne-senior Economist cash management and financial approval, Arthur K. Norris-Financial Management officer and Timale K. Zizivily reporting Accounting.