Liberia: Amara Konneh, Samuel Tweah and Janga Kowo Weigh In on GAC Audit Report Vis-à-vis Government’s Consolidated Accounts Balances
In the GAC’s opinion, with the outstanding cheques factored in, while the Government of Liberia’s book balance stood at US$43,243,823.77, the reconciled cash balance totaled US$6,918,142.97, representing the Government’s cash position. Therefore, the reconciled Cash balance was US$6,918,142.97. Outstanding Cheques Vs. CommitmentsIn an attempt to provide some nuance to the GAC Report, the former Comptroller General, Janga Kowo, emphasized the importance of context in understanding the GAC findings. Kowo asserts that the GAC report does not challenge the accuracy of the actual cash balance reported by the previous government as of January 17, 2024. Did President Weah say anything about Government obligations?
Source: Front Page Africa March 08, 2024 16:42 UTC
