GOL Pumps US$5M in Ebola Trust Fund

first_imgThe Government of Liberia (GOL) through the Ministry of Finance and Development Planning (MFDP) has announced the creation of a Trust Fund to manage the Ebola outbreak in Liberia. The fund is established at the Central Bank of Liberian (CBL) (Act No. 022530000215/ Ebola Trust Fund) under the guidance of the MFDP, with supervision from the National Task Force on Ebola.The government through the Ministry of Finance and Development Planning in collaboration with the Central Bank of Liberia has contributed an initial US$5 million to the fund, demonstrating the seriousness it attaches to the fight against the deadly Ebola virus, which has already claimed the lives of over 130 Liberians. The GOL therefore encourages all partners including donors, private sector actors and ordinary citizens to contribute to the Fund.President Ellen Johnson Sirleaf has authorized the Minister of Finance, Mr. Amara M. Konneh, to appoint a Special Comptroller General and a small team of accounting and procurement specialists to manage the Fund. She said the objective of appointing a special comptroller general and procurement specialists is to ensure that the funds are used effectively and that the goal is achieved.The GOL noted that the purpose of the special team is to ensure that after the program is over, a full accounting report of all funds and other resources received and expended is produced for the public.“At the end of the program, a detailed report shall be provided and the General Auditing Commission (GAC) will be asked to perform an audit and results communicated to the nation,” a GOL statement said.According to the government, the special team will work directly under the National Ebola Task Force chaired by the President to ensure that resources are provided expeditiously without any bottleneck in supporting those on the frontline to combat the Ebola epidemic.The government noted that all procurement and logistical decisions will be made at the task force level.The government has meanwhile emphasized that it has made available US$5 million to the fund as its initial contribution. It encouraged the public, donor community and friendly governments to make contributions to the fund.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more