The Government of Liberia through the Ministry of Finance and Development Planning, and two commercial banks, the GT Bank and Ecobank, have signed the National Legal Power of Attorney, known as the LPA scheme for Civil Servants who are employed with the Ministry of Finance and Development Planning, the Ministry of Foreign Affairs and the Civil Service Agency.
The Legal Power of Attorney seeks to empower civil servants by improving their lives in infrastructure development and other human basic needs.
Through this initiative, civil servants will have access to goods and services through salary credit schemes from various vendors in the country.
Finance and Development Planning Minister Samuels Tweah during the signing ceremony reaffirmed the government’s commitment and openness to work with all financial institutions in Liberia to beef up the country’s economy.
According to him, under the Pro-Poor Agenda for prosperity and Development, government salary payment is guarantee and the entire scheme is all about “cash flow”.
He said it is important for Liberians to explore opportunities to grow business and to develop their economy; adding that the credit scheme is probably going to be the biggest game-changer in the Liberian economy for the next two years going forward.
Also speaking, Liberia’s Comptrollers and Accountant General, Hon. Janka Kowo assured financial institutions that the LPA scheme program will boost the Pro-poor Agenda for Prosperity and development across the country.
The National Legal Power of Attorney scheme for civil servants was finalized on Wednesday, August 11, 2021, and was witnessed by senior government officials to including Foreign Minister D. Maxwell Kemayah, Finance Minister Samuel D. Tweah Jr, Thomas Doe-Nah of the LRA, CSA James Thompson, and representatives of vendors, GT Bank, EcoBank and the Civil Service Agency.