Monrovia, Liberia-The Ministry of Finance and Development Planning (MFDP) is set to host a comprehensive workshop aimed at ensuring the effective execution of the Fiscal Year 2025 National Budget.
The workshop takes place at the Ellen Johnson Sirleaf Ministerial Complex from January 9-11
It is designed to refresh and deepen the understanding of policymakers and technical staff from spending entities on key fiscal rules, budget execution procedures, monitoring, and reporting.
This initiative is critical to enhancing the capacity of spending entities to execute their budgets efficiently and responsibly.
By equipping participants with the necessary knowledge and tools, the workshop will help ensure that public funds are used effectively to meet the needs of citizens while supporting the government’s broader development goals.
According to a release from the Ministry of Finance and Development Planning, the objectives of the workshop are to ensure the FY2025 budget is executed in alignment with the approved National Budget; deepen the understanding of fiscal rules, policies, processes, and procedures associated with budget execution, monitoring, and reporting, strengthen the capacity of spending entities to deliver timely and responsible financial and performance reporting; and foster better inter- and intra-ministerial coordination to promote the efficient, accountable, and responsible use of public funds.
The workshop will bring together a total of 596 participants, including officials from 108 spending entities.
The first two days of the workshop will focus on all participants, while the final day will specifically target spending entities responsible for implementing projects.