Mobile Money Loan Scheme Is Voluntary and Optional, Government Clarifies


The Government of Liberia has clarified that the introduction of the innovative mobile money scheme is, optional, voluntary and will serve as an alternative payment for civil servants and government workers, but not as wrongly misinterpreted in the public.

According to Comptroller General of Liberia, Janga Kowo the initiative is an efficient delivery of payment to government workers.

He told reporters at MICAT regular news briefing that the process has so far proven to be effective evidence of about 4,000 health workers and teachers who are benefiting from such service.

Kowo said amongst other things the scheme is intended to enhance value for money as well as avoid the traditional constraints teachers, health workers and government workers in general go through just to receive their salaries.

At the same time, Liberian delegation to the 2018 International Monetary Funds, Word Bank Annual Meeting has arrived in the Country Scoring big gains.

At the meeting, Deputy Information Minister for Public Affairs Eugene Fahgohn told reporters that World Bank Vice President for Africa Region, Dr. Hafez Ghahem has reaffirmed the Bank’s commitment to supporting the government’s pro poor agenda for prosperity and development particularly its priorities in road and human capital development.

According to the deputy spokesman of the government, the World Bank has reiterated the bank’s earlier commitment to availing US$150m of new and uncommitted financing for road development promising to work with other development partners to help scale up concessional funding for road in the tune of US$500m.

By Julius Konton (contributor)

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