Liberia: Managing Resources With Care - Finance Minister On Public Funds

The Ministry of Finance has noted that some Ministries and Agencies may be committing the Government in Contractual obligations which are in excess of the appropriations authorized by the Legislature or without proper observation of the established procurement process, in contravention of the law.

The Minister for Finance would like to take this early opportunity to remind all Ministries and Agencies of their responsibilities and obligations as provided under the Public Financial Management Act of 2009 (PFM Act), the annual Budget Law, and the Public Procurement and Concessions Act of 2005 (PPC Act) as amended in 2010.

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