President Joseph Nyuma Boakai, Sr., has reactivated the Economic Management Team to ensure coordination of the government’s fiscal and monetary policy and the acceleration of economic reforms in building a robust and resilient economy.
It will also strengthen existing regulations as well as improve oversight functions of ministries, agencies and commissions.
According to an Executive Mansion release, the team will also serve as a think tank on economic matters, proffer solutions that would tackle economic uncertainties, especially immediate policy interventions and improve the implementation of the Public Financial Management (PFM) law in ensuring transparency and accountability for the attainment of the ARREST Agenda for Inclusive Growth.
The Economic Management Team (EMT) will be chaired by the President. Members are, Minister of Finance and Development Planning, Co-Chair; Executive Governor of the Central Bank of Liberia, Member; Commissioner General of the Liberia Revenue Authority, Member; Minister of Commerce and Industry, Member; Chairman of National Investment Commission, Member and the Economic Advisers to the President, Members.
In a related development, President Boakai has named Mr. Henry F. Saamoi as Acting Executive Governor of the Central Bank of Liberia (CBL). These appointments take immediate effect.
President Boakai has at the same time, called on those appointed to continue to demonstrate diligence, commitment, integrity, professionalism and loyalty in service to country.
