Please be informed that the Annual Financial Statements for FY’2021 (Special Budget) and Quarter I of the current Fiscal Year 2022 are overdue.
The Comptroller & Accountant General through this media request all heads of spending entities to submit their Financial Statements for the Special Budget Year (July 1 – December 31, 2021 and the First Quarter financial statements for FY2022 as required by law.
Section I 9 of the Public Financial Management Act (PFM ACT 2019) states: “There shall be prepared by each head of government agency and transmitted to the Audit General, the Minister and the Comptroller General in respect of each quarter commencing from the beginning of the fiscal year, the accountant of all public funds under his/her control.
In view of the above, all spending entities are reminded to submit their financial statements on or before Friday, April 29, 2022.
Please note that failure to adhere to this circular, punitive measures as enshrined in the revised Public Financial Management Act and PFM regulations will be taken.
Signed: Janga A. Kowo Approved: Hon.Samuel D. Tweah, Jr.
Comptroller & Accountant General Minister
Atty. Janga A. Kowo, LLB MBA
Comptroller and Accountant General
Republic of Liberia
Ministry of Finance and Development Planning