Citizens’ Initiative for Dialogue (CID), a pro-democracy and human rights organization is encouraging citizens of Gbarpolu, Grand Bassa and Margibi Counties to take keen interest in the Revenue Sharing Act of 2022, as it serves as a pillar for the successful implementation of the Local Government Act of 2018. The Revenue Sharing Act is an amendment to Chapter 5 of the Public Financial Management Law (PFML) which stipulates that all revenues collected on behalf of the government of Liberia must be placed in a consolidated account for the government at the Central Bank of Liberia (CBL). The amendment then gives power to local governments to raise their own revenues and stipulates ways for sharing of Revenues collected by the central government of Liberia. Participants also want similar awareness sessions conducted with the newly appointed local authorities for better understanding of the LGA 2018. According to the participants, the incoming officials are new and may not be aware of the law therefore such engagements will enhance their understanding of the law.

Source: GNN Liberia May 05, 2024 10:00 UTC