GoL Enhances Fiscal Decentralization under Pro-Poor Agenda; Adds Additional Spending Entities in Counties’ Treasury Framework

Monrovia, Liberia - The Ministry of Finance & Development Planning as part of decentralization program in the Pro-Poor Agenda has enhanced fiscal decentralization by ensuring that additional spending entities will now perform their transactions in their respective counties of operations. The new fiscal decentralization measure means that these entities will no more come to Monrovia to do any fiscal and budgetary transactions.

Those additional spending entities and their respective county’s treasury offices are:

No. Spending Entity County Treasury Office
1. Grand Bassa Community College Grand Bassa County Treasury
2. KRTTI and BWI Margibi County Treasury
3. Phebe Hospital, CARI,  and CUC Bong County Treasury
4. NCCC, JFD Hospital (Tappita) Nimba County Treasury

Meanwhile, the Ministry of Finance and Development Planning says its fiscal decentralization effort is in consonance with Pillar IV of the Pro-poor Agenda that focuses on decentralization.

A Ministry of Finance and Development Planning’s Release has further disclosed that the Ministry is working out all modalities to ensure that the fifteen counties experience county treasury framework. The Release added that the next phase of the county treasury framework will include: Grand Cape Mount, Bomi, Gbarpolu, Rivercess and Grand Gedeh Counties.