Limited Funding An Obstacle to GAC’s ‘Financial Independence’ - News Summed Up

Limited Funding An Obstacle to GAC’s ‘Financial Independence’


— Auditor General SaysThe Auditor General of Liberia, Yusador Gaye, says while the General Auditing Commission (GAC) is progressing in meeting up with criteria to put the integrity institution on par with others around the world, the issue of total financial independence remains a stumbling block. Although she did not state what is in the national envelop for the GAC, she said all other things remain functional and progressive despite the financial challenge. She said this rating is from 1 to 5, and there is no country on the African continent yet to reach 4 or 5. She said the GAC aspires to hit a 3.7 mark after AFROSAI-E‘s capacity assessment and evaluation of the GAC, especially since the recent stakeholders’ engagements. She lauded the European Union for being instrumental in supporting the GAC to carry out its consultative meetings with stakeholders, including the media.


Source: Daily Observer October 10, 2019 02:26 UTC



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