President Joseph Nyuma Boakai has declared that transparency, accountability, and robust oversight establishments stay important to strengthening investor confidence and selling sustainable growth throughout Africa, as Liberia hosts the twenty second Governing Board Assembly and Strategic Evaluation of the African Group of English-speaking Supreme Audit Establishments (AFROSAI-E) in Monrovia.
Talking Wednesday on the opening of the regional convention on the E.J.S. Ministerial Advanced, President Boakai mentioned Africa’s plentiful pure sources and youthful inhabitants can solely drive financial transformation if governments handle public sources transparently, responsibly, and effectively.
“Sturdy and impartial audit establishments stay important to selling investor confidence, social stability, and inclusive growth throughout the continent,” President Boakai informed auditors common and delegates from 26 African member states attending the convention.
The five-day gathering marks the primary time Liberia has hosted the high-level AFROSAI-E assembly for the reason that regional group was established.
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The Liberian chief described Liberia’s internet hosting of the convention as a mirrored image of his administration’s dedication to transparency, institutional reform, and public sector accountability.
He counseled Liberia’s Common Auditing Fee (GAC) and Auditor Common P. Garswa Jackson Sr. for securing the internet hosting rights, describing it as a major vote of confidence in Liberia’s governance reform agenda.
President Boakai famous that the convention comes at a important time as member states assess progress beneath AFROSAI-E’s 2025-2029 Strategic Plan and discover methods to deepen institutional cooperation and strengthen public monetary oversight throughout Africa.
He expressed confidence that deliberations in Monrovia would produce “significant resolutions” geared toward enhancing regional audit cooperation, strengthening peer help programs, reinforcing the independence of Supreme Audit Establishments, and bettering administration of public sources in help of the African Union’s Agenda 2063.
Reflecting on Liberia’s post-war governance journey, President Boakai mentioned weak establishments and an absence of accountability considerably contributed to the nation’s previous instability and financial collapse.
He recalled that the institution of integrity establishments following the Accra Complete Peace Settlement was supposed to handle corruption and governance failures that undermined nationwide stability.
“The institution of integrity establishments, together with the Common Auditing Fee, was a deliberate step to confront corruption and deficits in transparency,” the President said.
President Boakai mentioned his administration has taken a number of actions geared toward restoring public confidence in authorities establishments and bettering accountability programs nationwide.
In accordance with him, the federal government has launched efficiency administration programs throughout public establishments, strengthened operational independence for integrity establishments, and brought disciplinary measures towards officers implicated in corruption and monetary misconduct.
“We’ve got additionally demonstrated zero tolerance for misuse of public sources by dismissing and suspending authorities officers implicated in acts of misappropriation and monetary misconduct,” he declared.
The President additional highlighted what he described as unprecedented governance reforms beneath his administration, together with the conduct of inaugural audits of the Presidency, Judiciary, Legislature, and the Central Financial institution of Liberia.
He additionally referenced the institution of the Workplace of the Ombudsman, the Asset Restoration Taskforce, and ongoing efforts to ascertain a Battle and Financial Crimes Courtroom in Liberia.
Moreover, President Boakai mentioned the federal government has enforced compliance with asset declaration necessities for public officers, with penalties collected from noncompliance redirected towards the acquisition of college chairs for college students throughout the nation.
“For the primary time in recent times, the Common Auditing Fee obtained full budgetary appropriations in Fiscal Years 2024 and 2025,” President Boakai famous, describing the transfer as “an unprecedented growth in our nation’s latest historical past.”
He additional disclosed that the federal government operationalized monetary independence provisions contained within the GAC Act of 2014 by means of the early disbursement of fifty p.c of the Fee’s accepted funds.
The Liberian chief urged delegates attending the convention to make use of the Monrovia gathering not just for technical discussions but additionally to strengthen solidarity and cooperation amongst African oversight establishments.
“Africa’s plentiful pure sources and youthful inhabitants can solely function drivers of sustainable growth if they’re managed transparently, responsibly, and effectively,” he emphasised.
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President Boakai concluded by formally declaring the twenty second Governing Board Assembly of AFROSAI-E open and welcomed delegates to Liberia.
For his half, Auditor Common P. Garswa Jackson Sr. mentioned the convention will deal with reviewing implementation of AFROSAI-E’s 2025-2029 Strategic Plan, strengthening cooperation amongst Supreme Audit Establishments, and adopting resolutions to reinforce regional audit collaboration and institutional independence.
Jackson defined that the occasion features a two-day closed Governing Board session following earlier digital subcommittee conferences supposed to finalize strategic paperwork and coverage suggestions.
He added that the strategic evaluate classes, which opened on Might 20, will conclude with a cultural tour hosted by the Common Auditing Fee on Might 22.
The African Group of English-speaking Supreme Audit Establishments is a regional physique comprising 26 Supreme Audit Establishments throughout English-speaking Africa. The group works to strengthen the institutional capability and independence of member audit establishments by means of skilled growth, peer studying, and regional cooperation geared toward bettering public monetary administration and accountability throughout the continent.