Liberia
As Deputy Minister of Finance for Fiscal Affairs at the Ministry of Finance and Development Planning of the Republic of Liberia, my primary responsibility is to manage the financial resources of Liberia; develop and administer the financial rules and regulations of the Republic. I oversee and execute all matters relating to government accounting, including pay, pensions, and other allowances as well as develop fiscal policy. Additionally, I am responsible to oversee all matters concerning the framing of proposals regarding tax and non-tax revenue, tax reform as part of fiscal consolidation, coordinate with and generally perform all such services relative to the management of government finances as may be required by law; and implement expenditure proposals of Ministries and Agencies of Government as appropriated in the budget.
The Department is responsible for all fiscal matters relating to Expenditure and Revenue as well as Tax Policy. With the establishment of a semi-autonomous Revenue Authority, the Department of Fiscal Affairs deals with revenue and tax policy issues, including framing of tax laws and regulations, role of taxation and tax exemptions in the broader economic and development policy framework, and issues relating to non-tax revenue. The Tax Policy Division has responsibility for forecasting revenue and providing the forecasts to the relevant Departments.
In addition to revenue and tax issues, Fiscal Affairs further deals with public expenditure issues ranging from framing of financial rules and regulations to matters pertaining to government accounting. The Department has oversight of the Controller and Accountant General Office, the Integrated Financial Management Information System (IFMIS), policies on government subsidies, pay, allowances, pension policies and monitoring of public expenditure. The Expenditure Division implements expenditure proposals of Ministries and Agencies of Government as appropriated in the Budget