MONROVIA, LIBERI-The newly appointed Chairman of the Liberian Senate Committee on Banking and Currency says collaboration with stakeholders will make the Banking Sector viable.
Senator Joseph Jallah:” Said the Committee will collaborate with stakeholders and effectively monitor the fiscal and monetary policies of the Country.”
Lofa County said he believes that the strategy will improve the quality of banking services to the Liberian people.
The Senate Banking and Currency Committee Chair also disclosed that the Sector has made tremendous improvement through the supervisory role of the Central Bank of Liberia (CBL).
Speaking on Wednesday, January 15, 2024, at the Capitol, Senator Jallah said:” The Committee will focus on policies already put in place, and laws on the book to enhance citizens’ trust in the Sector.”
At the same time, the Senate Committee Chair on Public Accounts and Audits is calling for periodic audits of the 55th National Legislature.
Senator Konneh said:” He wants the National Legislature to set the basis for transparency and accountability if it must mandate the General Auditing Commission (GAC) to audit Government Ministries and Agencies.”
The Gbarpolu County Senator said a financial system should be put into place to ensure an accountable National Legislature.
Speaking in the Chambers of the Liberia Senate on Tuesday, January 16, 2024, Senator Konneh noted that achieving such a feat will enhance public trust in the National Legislature and promote accountability.
Still at the National Legislature, Grand Gedeh County Senator Thomas Yaya Nimely has called for the decentralization of passport processing in Liberia.
The former Foreign Minister said:” The agreement with Bulb Enterprise, a Ghanaian firm responsible for the production of passports, calls for the decentralization of the process.”
He added that it was anticipated in the agreement that Liberians across the Country be issued passports in the various countries.
Senator Nimely then urged members of the Senate Foreign Affairs Committee to review the current agreement to ensure its proper implementation.
The Senate Committee Chair on Labor made the statement in the Chambers of the Liberian Senate on Tuesday.
By: Sampson David
