Monrovia, Liberia -TThe Ministry of Finance and Development Planning officially rejects reports by Spoon FM that the contractual agreement between the Ministry and RoviaGate Technology, LLC, represented by Co-Founder and Chief Executive Officer, Mr. Oliver Wleh Klark, Jr. was influenced by " kickbacks" received by officials of the Ministry.
The contract included the annual update and implementation of the budget management system for Fiscal Year 2024.RoviaGate Technology, LLC is a 100 percent Liberian-owned core integrated solution information technology (ICT) firm duly registered under the laws of the Republic of Liberia. The Ministry unequivocally states that the contract for the execution of the project was in strict adherence to the regulations of the Public Procurement and Concession Act of 2010.
The Finance Ministry discloses that the project had three options. According to the project document, the first option proposed that “the estimated cost for this project is US $220,000.00 (two hundred and twenty thousand USD) with an expected turnaround time of two (2) weeks after receipt of payment.” However, under the second option, the company put the estimated cost of the project at $200,000.00 (two hundred thousand USD) with an estimated turnaround time of four (4) weeks after receipt of payment.
The third option states that “the estimated cost for this project is US $180,000.00 (one hundred and eighty thousand USD) with an expected turnaround time of eight (8) weeks after receipt of payment.”
The justification for selecting the second option of $200,000.00 (two hundred thousand United States dollars) was based on the four-week (4) turnaround period provided by the vendor and the pressing need to resubmit the draft budget to the legislature, as well as to facilitate the configuration, upgrade, and maintenance services for the Budget Management System to produce the Budget Book for Budget Fiscal Year 2024 (January 1, 2024–December 31, 2024).
The Ministry of Finance and Development Planning terms as false and misleading that Minister Boima S. Kamara is battling unspecified medical condition which is adversely affecting his management of the Fiscal House.
Monrovia. Liberia - Confirmed statistical facts presented by the government of Liberia on Friday, May 17, 2024 at a special press briefing held at the Ministry of Information Culture Affairs and Tourism show that the government of Liberia achieved a combined 74 percent of its promised deliverables in its first hundred day in office.
Monrovia, Liberia - Liberia Acting Minister of Finance and Development Planning, Hon. Anthony G. Myers has urged all 108 spending entities across government to provide technical details, policies context and practical implementation mechanism for FY 2024 approved budget execution going forward.
Liberia’s Deputy Minister for Economic Management at the Ministry of Finance, Hon. Dehpue Zuo has urged citizens of Grand Bassa County to own development as ownership in order to enhance domestic resource mobilization for improved service delivery across the county.
Monrovia, Liberia - The Ministry of Finance and Development Planning through the Office of the Comptroller and Accountant General made submission of the Government’s Annual Consolidated Financial Statement for FY2023 to the office of the Auditor General and the 55th National Legislature of Liberia.
The Government of Liberia will tomorrow make significant stride in its electrification expansion efforts as GoL and European Union breaks ground tomorrow May 3, electricity generation and distribution facilities.
The project is intended for the construction of two separate 33KV electricity distribution networks in the cities of Buchanan and Greenville, respectively.
Monrovia, Liberia - Liberia Deputy Foreign Affairs Minister for Regional Integration, Dr. Ibrahim Al-Bakri Nyei urged ECOWAS National Technical Committee to identify quick win and tangible projects that will impact lives of community citizens through the ECOWAS Cross-Border Cooperation Support Program (ECBCSP).
Monrovia, Liberia - The Ministry of Finance and Development Planning has categorically denied calling for project proposals under the so-called MFDP/Affirmative Finance Action for Women in Africa (AFAWA) project.
Monrovia, Liberia - The Assistant Minister Designate for Expenditure, Hon. Dede Sandiman at the Ministry of Finance and Development Planning says a strong Public Financial Management, Fiscal Management and Budget Implementation across spending entities will lead to growth and development.
Monrovia, Liberia - The Ministry of Finance and Development Planning informs the public that there is absolutely no entrepreneurship program at the ministry.
We would like to extend our warmest wishes to Muslims in Liberia and around the world celebrating Eid-ul-Fitr.
As you mark the end of Ramadan, it marks a new beginning for all Muslims and a reason to celebrate.
Monrovia, Liberia - The Deputy Minister for Administration at the Ministry of Finance and Development Planning, Hon. Bill McGill Jones, has applauded Muslim staffs of the Ministry for successfully observing a month of fast in obedience to the Islamic faith.
Monrovia, Liberia - The Economic Management Team of the President Joseph Nyumah Boakai’s government has held its first meeting. The meeting which was convened to discuss key issues affecting the economy with the aim of finding the appropriate remedy was held on Tuesday, April 2, 2024 at the Conference Room of the Ministry of Finance and Development Planning.
-For Non Compliance of Annual Financial Statements Submission for FY2023
The Comptroller and Accountant General of Liberia, Hon. Elwood T. Netty, has directed that the March 2024 salaries of Comptrollers of 2024 be placed on “HOLD” for “NON-COMPLIANCE” in submitting their annual financial statements for FY2023. The annual financial statements of various governments spending entities should have been submitted to the Office of the Comptroller and Accountant General on or before March 15, 2024.
Monrovia, Liberia - Hon. Tanneh G. Brunson, Liberia Deputy Minister for Budget and Development Planning joined the United Nations Resident Coordinator, Madam Christine N. Umutoni, to launch a robust multi-disciplinary technical support to the National Development Plan called the ARREST agenda.
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