Liberia govt to automate public finance budget transactions
Liberia govt to automate public finance budget transactions
By EgovAsia Editors | Apr 14, 2010
The Government of the Republic of Liberia has selected FreeBalance's Accountability Suite to drive government modernization through effective fiscal management. The government will automate all public finance budget transactions. Budget preparation, expenditure controls, procurement, monitoring, reporting, payroll and human resource management will be implemented.
The FreeBalance Accountability Suite is an automated system that provides better expenditure controls and improved transparency in the budget cycle. The FreeBalance Accountability Suite integrates all government budget, revenue and expenditure information.
“The Government of the Republic of Liberia is committed to advancing key governance reform initiatives in support of its reconstruction efforts,” said the Honorable Tarnue Mawolo, Deputy Minister Administration. “The FreeBalance Accountability Suite will serve as a tool to support reform initiatives and will provide the foundation for economic growth and transparency. By building a more transparent government, public trust in the Government of Liberia will only increase.”
The FreeBalance Accountability Suite will be implemented in five sites including the Ministry of Finance, Civil Service Agency, General Auditing Commission and it will connect to the Central Bank of Liberia. This implementation includes the FreeBalance Public Financials Management, Government Performance Management, Public Expenditure Management and Civil Service Management. The FreeBalance Civil Service Management payroll functionality will manage a civil service workforce of 40,000 employees. FreeBalance will be assisted by its local partner, FutureCom, for the provision of local support and implementation services.
Recent popular content
Thunderbird School supports new online business model with efficient storage system
Successful agencies share best practices on social media use in government
Singapore outlines strategy for aged care
IDC sees good prospects for ICT growth in Indonesia
New explosive detection machines enhance security at Melbourne Airport
I sometimes feel like some
I sometimes feel like some countries are over 100 years behind the US in terms of technology. And it's not like we make our technology inaccessible, we share it with the entire world but it still takes some an awful amount of time to switch to faster, safer and less wasteful ways of doing things. And still, regardless of our technological advances, we are a nation drowning in debt. I find it strange that such a large percentage of Americans fail at basic personal finance matters such as managing their credit.