Upload
tamsin-fisher
View
228
Download
0
Tags:
Embed Size (px)
Citation preview
Liberia Joint Public Accounts, Expenditure & Audit Committee
PRESENTED BY:
HON. BEN A. FOFANA
JOINT CHAIRMAN
PUBLIC ACCOUNTS, EXPENDITURE AND AUDIT COMMITTEE
LIBERIA NATIONAL LEGISLATURE
Power of the Joint PAC of Liberia
Rule 57, section 6 and RULE 44 Section 22 of standing orders the House of Representative and Senate respectively established the Joint Public Accounts, Expenditure and Audit Committee.
a. With oversight responsibilities on all matters relating to the General Auditing Commission and other entities dealing in Business of Accountability.
b. Provide oversight of Audit and Accountability for the Government functionaries including the private sector and NGO in which Government interest is associated.
Brief Overview of Joint PAC
The Joint Public Accounts, Expenditure and Audit Committee(PAC) comprises of members from both houses of the Legislature in order to facilitate efficient financial Oversight.
The current chairmanship is provided by the House of Representative.
The PAC has a Technical support arm called the PAC secretariat.
The secretariat is managed by three financial Management specialist recruited by the World Bank.
The Joint PAC comprises of 15 Members appointed by the Speaker and the Protemp respectively.
.
Current PAC Members
1. Hon. Ben A. Fofana : Joint Chairman
2. Sen. Henry W. Yallah : Chairman Senate PAC
3. Hon. Garrison Yealue jr. : Co Chair HOR PAC
4. Sen. Thomas Grupee : Member
5. Sen. George Tengbeh : Member
6. Geraldine Doe Sheriff : Member
7. Sen. Edward B. Dagoseh : Member
8. Sen. Dallas A.V. Gueh : Member
9. Sen. Nyonblee K. Lawrence : Member
10. Sen. Aphonso Gaye : Member
10. Hon. Lester M. Paye : Member
11. Hon. Clearence Massaquoi : Member
12. Hon. Sekou S. Karneh : Member
13. Mathew G. Zarzar : Member
15. James P. Biney : Member
The Mandate of the PAC
Review audit reports produced by the General Auditing Commission (GAC)
Conduct Investigations of the Expenditure of public funds; ie, consolidated Fund and Fiscal Outturn
Investigate irregularities and other issues raised by the GAC;
Develop recommendations on Government Financial Administration;
Ex-post scrutiny of the Budget execution; and
Publication of reports
Progress of the PAC
Organized a fully functioning Secretariat
Two Consultants recruited from the World Bank Financial Management School
Created fully functional Website( www.pac.gov.lr)
Conducted public hearings on Audit Reports and published a Report on Five Institutions which have now been submitted to the Executive for necessary action while an additional report on six institutions are being validated awaiting publication
Secured FINANCIAL AUTONOMY of the General Auditing Commission
Enhanced media relation and effectiveness in the scrutiny and conduct of Public Hearing
Approximately 75% of the Backlogs and New Audit Reports have been analyzed awaiting public haring
Challenges
Huge Funding gap created due to the withdrawal of direct support of the IPFMRP and other Partners
Implementation of PAC Recommendations by the Executive
Capacity Building of the Secretariat Staffs and New PAC Members
Decentralization of Public Hearing on County /Social Development Funds
Lack of Logistic and modern Transcription Devices
Huge backlog of Audit Report on ministries, agencies, Public corporation and County/Social Development Funds.
Frequent Change of Committee Members
Partners of PAC
Government of the Republic of Liberia
World Bank
Integrated Public Financial Management Reform Project ( IPFMRP)
USAID
UNMIL
Established collaboration and outreach with Partners in the Accountability Sector
General Auditing Commission
Liberia Anti Corruption Commission
Internal Audit Agency
Public Procurement Concession Commission
Governance Commission
Fraud Investigation Unit
Civil society and Media Institutions
THANKS