As Liberia Push for Digital Finance Reforms
Monrovia, Liberia – Three representatives of Liberia’s Ministry of Finance and Development Planning (MFDP) have been recognised throughout the continent for their contributions to the advancement of digital public financial management (PFM) reforms, indicating Liberia’s increasing prominence in the continent’s fiscal modernisation movement.
P. Akoi Thompson, Sedekie Kamara, and Robert Gaye received recognition for their involvement in the Digital PFM Reform Peer Learning Exchange of the Collaborative Africa Budget Reform Initiative (CABRI), which took place in Kigali, Rwanda, on March 9–10.
The event brought together leading public finance practitioners, legislators, and reform specialists from throughout Africa to share creative approaches for bolstering government financial systems through digital transformation, according to an MFDP announcement.
The Liberian delegation, which included Gaye, Assistant Director for Monitoring and Evaluation; Kamara, Assistant Director in the Public Investment Unit; and Thompson, Director of Payroll Coordination and Tracking, was notable for their active participation and contributions to conversations about enhancing fiscal governance.
Their acknowledgement highlights Liberia’s growing dedication to using cutting-edge, technologically advanced solutions to improve accountability, efficiency, and transparency in the management of public resources.
The use of digital tools like e-procurement platforms, digital tax administration systems, and Integrated Financial Management Information Systems (IFMIS) to reduce financial leakages and enhance service delivery was a major topic of debate at the forum.
Case studies showcasing advancements in bolstering procurement systems, increasing tax collection, and coordinating financial reforms with national development targets were given by participating nations, including Rwanda, Kenya, and Liberia.
Experts stressed that digital PFM reforms go beyond technology and are essential tools for fostering inclusive governance throughout the continent, increasing openness, and fostering public trust. The workshop’s peer-learning structure allowed participants to freely discuss issues including cybersecurity risks, system interoperability, and limited technical capacity while coming up with workable, nation-specific solutions to quicken reform initiatives.
