US 2023 Fiscal Reports Exposes Secrecy, Lack Of Independence In GAC Report

The United States Bureau of Economic and Business Affairs 2023 fiscal report of Liberia says Liberia Supreme audit institution the General Auditing Commission (GAC) failed to meet international standards of independence and did not make its audit reports publicly available within a reasonable period.

The report also states that, government specified in law or regulation and appeared to follow in practice the criteria and procedures for awarding natural resource extraction contracts and licenses, but there are reports of corruption and inconsistent application of regulations in practice. 

“During the review period, the government made significant progress by making its executive budget proposal publicly available within a reasonable period, by making major state-owned enterprise debt information publicly available, and by making basic information on natural resource extraction awards publicly available.”

However, the report also states that the government did not make its enacted budget or end-of-year report publicly available within a reasonable period.  

“Information on debt obligations was widely and easily accessible to the public, including online.  The government maintained off-budget accounts not subject to audit or oversight.”

In its recommendation the US Government believes that; Liberia’s fiscal transparency would be improved by: Making the enacted budget and end-of-year report publicly available within a reasonable period; eliminating off-budget accounts or subjecting them to adequate oversight and audit; and ensuring the supreme audit institution meets international standards of independence.

Also, the report wants Liberia supreme audit institution audit reports publicly available within a reasonable period; and ensuring the laws or regulations for awarding natural resource extraction contracts and licenses are followed in practice.

Government-by-Government Assessments: Liberia

During the review period, the government made significant progress by making its executive budget proposal publicly available within a reasonable period, by making major state-owned enterprise debt information publicly available, and by making basic information on natural resource extraction awards publicly available.  The government did not make its enacted budget or end-of-year report publicly available within a reasonable period.  Information on debt obligations was widely and easily accessible to the public, including online.  The government maintained off-budget accounts not subject to audit or oversight.  The supreme audit institution did not meet international standards of independence and did not make its audit reports publicly available within a reasonable period.  The government specified in law or regulation and appeared to follow in practice the criteria and procedures for awarding natural resource extraction contracts and licenses, but there are reports of corruption and inconsistent application of regulations in practice.

Liberia’s fiscal transparency would be improved by:Making the enacted budget and end-of-year report publicly available within a reasonable period;Eliminating off-budget accounts or subjecting them to adequate oversight and audit; Ensuring the supreme audit institution meets international standards of independence; Making supreme audit institution audit reports publicly available within a reasonable period; and Ensuring the laws or regulations for awarding natural resource extraction contracts and licenses are followed in practice.

49 Comments
  1. toto176 says

    An interesting discussion is definitely worth comment.
    I think that you ought to write more on this subject,
    it might not be a taboo subject but typically folks don’t talk about such
    issues. To the next! Cheers!!

  2. robot slot gacor says

    Hello just wanted to give you a quick heads
    up and let you know a few of the pictures aren’t loading properly.
    I’m not sure why but I think its a linking issue. I’ve tried it in two different internet browsers and both show the same outcome.

  3. buy drug says

    I think that what you posted made a lot of sense.
    However, consider this, what if you were to write a awesome post title?
    I mean, I don’t want to tell you how to run your website, however what if
    you added a post title to maybe grab folk’s attention? I mean US 2023
    Fiscal Reports Exposes Secrecy, Lack Of Independence In GAC Report – NewRepublicLiberia- News on Liberia is kinda boring.
    You ought to glance at Yahoo’s home page and note how they create article headlines to get people to click.

    You might add a video or a related picture or two to get people interested about what you’ve got to
    say. In my opinion, it could make your blog a little livelier.

  4. web site says

    It’s fantastic that you are getting thoughts from this paragraph as well
    as from our discussion made at this place.
    web site

    An typically uncared for fact tjat also must be taken ito
    care is that the internet casino have to be audited and it publishes the payout schedules.
    Chck ouut a few rounds. Casino held poker tournaments
    and that’s the free spins no deposit UK actions
    that encompass thesze tournaments.

  5. espn noticias deportivas says

    Nice post. I was checking continuously this blog and I’m impressed!
    Extremely helpful info specially the closing phase 🙂 I take care of such information much.
    I used to be looking for this certain info for a very lengthy time.
    Thanks and best of luck.

  6. noticias de deportes voleibol says

    Hi there! I understand this is somewhat off-topic but I had to ask.
    Does building a well-established website like yours require a lot of work?
    I’m brand new to running a blog but I do write in my diary daily.
    I’d like to start a blog so I will be able to share my personal
    experience and views online. Please let me know if you have
    any kind of suggestions or tips for new aspiring
    bloggers. Thankyou!

  7. ceria777 says

    It’s difficult to find experienced people on this topic, but you sound
    like you know what you’re talking about! Thanks

  8. Very good article! We will be linking to this great post on our
    website. Keep up the great writing.

  9. homepage says

    Hi there friends, nice post and good arguments commented
    here, I am truly enjoying byy these.
    homepage

    Everybody works hard as of late, annd all people deserves a chance to
    have fun. Actually, there are some statistics claiming that the gambling trade in Europe receives nearly 15%
    oof revenue by way of cell casinos, together
    with poker, blackjack and slots. Coomp factors are additionally one among the popular methods of prooviding bonuses to
    online players, which wilkl be cashed out aas prize, money
    or com factors itself.

  10. I am curious to find out what blog platform you’re working with?
    I’m experiencing some small security problems with my latest site and I would like to find something more secure.
    Do you have any solutions?

  11. Carmen Kauper says

    Психическое здоровье включает в себя наше эмоциональное, психологическое и социальное благополучие. Это влияет на то, как мы думаем, чувствуем и действуем. Оно также помогает определить, как мы справляемся со стрессом, относимся к другим и делаем здоровый выбор.
    Психическое здоровье важно на каждом этапе жизни: с детства и подросткового возраста до взрослой жизни.ние) — специалист, занимающийся изучением проявлений, способов и форм организации психических явлений личности в различных областях человеческой деятельности для решения научно-исследовательских и прикладных задач, а также с целью оказания психологической помощи, поддержки и сопровождения.

  12. web site says

    Simply desire to say your article is as surprising. The clearness on your post is just great and i couldd think you are knmowledgeable in this subject.
    Fine along with your permission let mee to snatch
    your RSS feed to keep up to date with impending post. Thanks a million and
    please continue the rewarding work.
    web site

    Prticipants will guess again and again to examine their destiny as
    well as hope to win the bonuses. And for many they are not
    going to be gaming with their savings except they’re some millionaire.
    Anda hnya perlu membutuh kesabaran ketika bermain bersama
    situs agen judi slot serta dapat mengatur emosional ketika berada
    dalam permainan itus slit terpercaya.

  13. ورق استیل says

    ورق استیل مات

  14. betkick365 says

    I blog often and I really appreciate your information. This article has truly peaked
    my interest. I will take a note of your blog and keep checking for new details about once a week.
    I subscribed to your RSS feed too.

  15. bardi4d says

    Hai Players, Selamat tiba di BARDI4D situs BARDI4D login permainan online asli
    terpercaya dan terbaik di Indonesia 2024 dengan beberapa tahapan games yang memikat,
    ada bermacam model pembayaran saat melaksanakan negosiasi begitupun meringankan buat bermain semua permainan yang
    ada. BARDI4D pula siapkan hadiah yang paling berbagai ragam dengan nilai yang tinggi sekali privat untuk
    peserta terkasih BARDI4D , Marilah masuk saat ini pun!!!

    BARDI4D bersama banyak broker judi slots pulsa sah
    yang dapat dipercaya lisensi legal!! Capai Slots Jekpot banyak serta beraneka
    produk dengan BARDI4D. Tergabung jadi anggota kita bakal peroleh keuntungan maksimal.

    Cari judi slots online terhebat se indonesia di jagat maya, akan tetapi tidak bisa
    asal-asalan di dalam pilih web lantaran tidak beberapa website yang mempunyai kualitas servis bisa dipercaya.

    BARDI4D sebagai Website judi slots online terbaik terkondang, punyai merek populer dan kita memberi garansi permainan.
    Bermacam promosi kita semestinya begitu beri keuntungan untuk beberapa pemain player.
    Terkecuali itu kalian bakal mendapati banyak keuntungan apabila jadi anggota kita.

    ⚡BARDI4D ⚡BARDI4D Login ⚡BARDI4D Daftar ⚡BARDI4D Opsi ⚡BARDI4D Terkini ⚡BARDI4D Gacor ⚡BARDI4D Paling dipercaya ⚡BARDI4D Terbaik ⚡BARDI4D Tergacor ⚡BARDI4D Sangat Gacor.

  16. SR22 insurance says

    I blew hot and cold concerning this subject matter till I review
    your post. You provided a well balanced perspective that helped me form my opinion.

    My web page … SR22 insurance

  17. web page says

    If yoou are going for finest contents like I do, just go to see this web page everyday because it gives feature contents, thanks
    web page

    Note: I’ve been informed that among somme gamers the identify Gin Rummy in actual fact refers
    to not to the game described beneath, but to tthe sport which is called 500 Rum on this internet site.

    All these factors will positively affect
    the level of belief from gamers to the casino. The nice thing in regards to
    the filters is that they are often mixed, which really pinpoints
    the game and allows the players to list solely the releases that match alll of teir standards.

  18. Keep this going please, great job!

  19. situs toto says

    At this time I am ready to do my breakfast, once having my breakfast coming again to
    read further news.

  20. azino777 зеркало says

    Does your site have a contact page? I’m having problems locating
    it but, I’d like to send you an e-mail. I’ve got some suggestions for your blog you might
    be interested in hearing. Either way, great website and
    I look forward to seeing it improve over time.

  21. Wow, fantastic blog layout! How long have you been blogging for?

    you made blogging look easy. The overall look of your
    site is wonderful, as well as the content!

  22. https://www.theepochtimes.com says

    Link exchange is nothing else except it is only placing the other person’s
    weblog link on your page at proper place and other person will also do similar
    for you.

  23. ahmkhabar says

    May I just say what a relief to uncover somebody who truly knows what they are discussing online.
    You actually know how to bring an issue to light and make
    it important. More and more people need to look at this and understand this side
    of the story. I was surprised that you are not more
    popular because you surely possess the gift.

  24. wordpress says

    Right here is the perfect website for anybody who would like to find out about this
    topic. You know so much its almost hard to argue with you (not that I personally would want to…HaHa).
    You certainly put a fresh spin on a subject that has been written about for years.

    Wonderful stuff, just excellent!

  25. rexofile says

    Wow, amazing blog format! How lengthy have you ever been blogging for?

    you made running a blog look easy. The overall
    glance of your website is excellent, as neatly as the content!

  26. Guest Posting says

    Undeniably believe that which you stated. Your favorite justification appeared to be on the
    internet the simplest thing to be aware of. I say to you,
    I certainly get irked while people consider worries that they plainly don’t know about.
    You managed to hit the nail upon the top and also defined out the whole thing without having side effect , people
    could take a signal. Will likely be back to get more. Thanks

  27. Main profile says

    Hmm is anyone else having problems with the images on this blog loading?

    I’m trying to determine if its a problem on my end or if it’s the blog.
    Any suggestions would be greatly appreciated.

  28. Louishenry says

    https://usyplenie-zhivotnyh-v-msk.top/

    Эпизодически жалует время разлучаться один-два нашими четвероногими корешами, юруслуга кремации животных в течение Москве останавливается необходимым равным образом важным решением. Кремация псин, кошек равным образом котовий осуществляется не без; особой заботой и почтением, снабжая благородное последнее целование всего вашим питомцем. Автор делаем отличное предложение различные виды кремации, чтоб ваша милость имели возможность выбрать наиболее что надо для вашей переделки, также наши расценки сверху кремацию скотиых нацелены сверху франчайзинг общедоступных и еще качественных услуг. Эстимейт кремации варьируется в течение зависимости через выбранного вами пакета услуг, дозволяя для вас отыскать самолучший вариант, целесообразный вашим притязаниям а также бюджету. Трупосожжение – это не чуть только способ учтиво выпустить убравшегося питомца, но и возможность сохранить эйдетизм о нем, яко экстренно важно при прощании раз-два такими любимыми созданьями, яко собаки, кошки и коты. НА этот ювелирный момент пишущий эти строки пытаемся вручить для вас всю достаточную подмогу и помощь, чтобы процесс кремации кончился максимально эпически и уважительно.

    Решение об усыплении излюбленного воспитанника хронически настает со тяжестью (а) также болью, равным образом на такие моменты экстремально эпохально отыскать услугу, коя проведет текущий эпидпроцесс всего предельной вниманием также уважением. В ТЕЧЕНИЕ Москве я предоставляем услугу усыпления скотиых, коия помогает обеспечить эпичный равным образом безболезненный эскапизм вашего четвероногого друга. Усыпление собак, кошек и котов исполняется опытнейшеми ветеринарами, которые используют неопасные равно человечные технологии, чтобы упростить страдальчество вашего питомца. Ты да я понимаем, яко эстимейт усыпления может пребывать важным обстоятельством в вашем решении, а также предлагаем разные функции по доступным ценам, чтобы вы имели возможность предпочеть наиболее подходящий вариант для вашего случая. Наша задача – навести погреб эпидпроцесс усыпления максимально хладнокровным также уважительным яко для вы, яко и для вашего любимца, предоставляя вам поддержку и чувство жалости в текущий экстремальный период.

    Учитывание резолюции об усыплении хозяйственного животного – цифра изо наиболее проблемных в два счета чтобы любого владельца. В Столице наша юруслуга усыпления скотиых осуществляется один-два специальным внимательностью ко благополучию также уюту ваших питомцев, будь так шерошница, обувь или собаки. Пишущий эти строки стремимся сделать возможным, чтобы крайние в одну минуту вашего неминуемого любезного проштудировали в спокойствии а также достоинстве. Наши ветеринары приспевают к делу усыпления с мастерством равным образом эмпатией, прилагая методы, коим уменьшат фрустрация равно стресс чтобы животного. Цена усыпления устанавливается один-другой учетом всех ньюансов процедуры, чтобы вы могли принять весовое эпикризис, не тревожась о денежной стороне.

  29. İzmir Travesti says

    İzmir Travesti Reklam Portalı
    İzmir Travesti sayfası. Bu sayfada şehir’deki en elit trans bireylere
    ulaşabilir, fotoğraf, video ve iletişim bilgilerine sahip olabilirsiniz.

    izmir travesti İzmir Travesti Reklam Platformu

    en güzel izmir travesti kızlarına ulaş.

  30. Arab University says

    Aw, this was an extremely good post. Finding the time and actual effort to make a top notch article… but what can I say… I put things off a lot and never manage to get nearly anything done.

  31. Holland Road Wellness says

    Thank you a lot for sharing this with all of us you actually
    recognise what you are speaking about! Bookmarked. Please also talk
    over with my web site =). We can have a link trade agreement
    among us

  32. cabin crew course fees says

    I all the time used to study piece of writing
    in news papers but now as I am a user of web therefore from now I am using net for posts, thanks to web.

  33. electric fence malaysia says

    Hi! I know this is somewhat off topic but I was wondering
    if you knew where I could locate a captcha plugin for my comment form?

    I’m using the same blog platform as yours and I’m having trouble finding
    one? Thanks a lot!

  34. klia limo says

    Pretty section of content. I just stumbled upon your
    website and in accession capital to assert that I acquire in fact enjoyed
    account your blog posts. Anyway I’ll be subscribing
    to your feeds and even I achievement you access consistently quickly.

  35. sex on travel flight says

    Right here is the perfect webpage for anyone who wants to understand this topic.
    You know a whole lot its almost hard to argue with you (not that I actually would want to…HaHa).

    You certainly put a fresh spin on a subject that has been written about for
    ages. Great stuff, just great!

  36. Saxenda says

    Hi! Quick question that’s entirely off topic. Do you know how to make your site mobile friendly?
    My site looks weird when viewing from my iphone. I’m trying to find a template or plugin that might be able to correct this issue.
    If you have any recommendations, please share.
    With thanks!

    Also visit my web-site: Saxenda

  37. Como instalar Xbox Game Bar says

    Hey! I just wanted to ask if you ever have any issues with
    hackers? My last blog (wordpress) was hacked and I
    ended up losing months of hard work due to no data backup.
    Do you have any solutions to stop hackers?

  38. It’s going to be ending of mine day, however before finish I am reading this impressive article to improve my
    knowledge.

  39. provizion gsh glutathione says

    Wonderful post! We will be linking to this great content on our
    website. Keep up the good writing.

  40. crypto says

    I do not even know how I ended up here, but I thought this post was good.

    I do not know who you are but certainly you’re going to a famous blogger if you
    are not already 😉 Cheers!

  41. data HK says

    We’re a group of volunteers and opening a new scheme in our community.
    Your website provided us with helpful info to work on. You’ve done an impressive job and our entire community shall be grateful to you.

  42. tlovertonet says

    You have observed very interesting points! ps nice site.

  43. positive s words says

    Woah! I’m really loving the template/theme of this site. It’s simple, yet effective.
    A lot of times it’s difficult to get that “perfect balance” between usability and
    appearance. I must say you have done a fantastic job with this.

    Also, the blog loads extremely quick for me on Opera.
    Exceptional Blog!

  44. บาคาร่า says

    My family members always say that I am killing my time
    here at net, but I know I am getting knowledge every day
    by reading such pleasant articles.

  45. SEO Casino says

    excellent points altogether, you simply won a logo new reader.

    What would you recommend about your submit that you
    just made a few days in the past? Any positive?

  46. webpage says

    Whats up are using WordPress for your site platform? I’m new to the blog world but
    I’m trying to get started and set up my own. Do you need any
    html coding expertise to make your own blog? Any help would be
    greatly appreciated!

  47. บาคาร่า says

    It’s enormous that you are getting ideas from this post as well as from our argument made at
    this time.

  48. บาคาร่า says

    Hi! I know this is kind of off topic but I was wondering which blog platform are you using for this website?

    I’m getting sick and tired of WordPress because I’ve had problems with
    hackers and I’m looking at alternatives for another platform.
    I would be fantastic if you could point me in the direction of a good platform.

  49. İzmir Travesti says

    Kendini Geliştirmek İsteyen İzmir Travesti Kızlarına
    Özel Ders
    Kişisel gelişimin önemi oldukça önemlidir. Bakımlı olmaktan tutunda nasıl giyinebileceğinize, toplum
    kurallarına nasıl uyum sağlayabileceğinizi , kendinize yaratmak istediğiniz hobi alanlarınızı, Diksiyon, duruş, yemek yeme sanatı ile ilgili tüm alanlarda İzmir Travesti güzelleri için verilen eğitimden sizde hemen vakit kaybetmeden faydanabilrisiniz.

    Hedeflenen dersler haftada bir kez  yüz yüze
    ya da online olarak verilmektedir. Sizlerde detaylı bilgi almak istiyorsanız iletişime geçebilirsiniz.

Comments are closed.