Heritage (Monrovia)

Africa: Hats Off to Liberia's Finance Minister

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editorial

On January 2nd 2014, the Banker's, a subsidiary of the Financial Times Magazine posted on its website thee selection of Liberia's Finance Minister as their choice for Minister of the year.

The Banker was established since 1926 and has been involved with recognizing the efforts of emerging reformers in the developing economies for the last 13 years.

The publisher in a letter said the "decision was made after discussions among the magazine's editors and a survey of views among bankers and economists, and therefore represents a vote of confidence by the markets in the role played by the Liberian Ministry of Finance over the past year."

In particular, The Banker noted the wide-ranging economic reforms that are being carried out to develop Liberia's institutions, infrastructure and financial system.

Amara Konneh is the first Liberian Minister of Finance to win the prestigious honor, along with award recipients from six other continents.

The award sends a clear message. While the country might be experiencing domestic economic problems particularly around jobs and inflation, the Ministry of Finance seems to be spot on with its reform agenda and has made recognizable strides to reposition the country better for the future.

This paper is particularly pleased for such international recognition and would enjoin the government to see this as an opportunity to accelerate programs and interventions that would transform all these fiscal progress into employment opportunities.

The award should further energize the team at the MOF to stay focused on the bigger picture and continue its macroeconomic and fiscal management programs that have attracted this accolade.

We salute team Amara and applaud the President for his preferment.

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