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Hot Pepper Liberia > Blog > News > Editorial > Assessing The Socio-Economic Impacts Of COVID-19 Funds
Editorial

Assessing The Socio-Economic Impacts Of COVID-19 Funds

Hot Pepper
Last updated: March 18, 2021 1:44 pm
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THE ADMINISTRATION OF President George Manneh Weah has, as yet, not given the Liberian people the financial details of international partners and the Weah governmentโ€™s support to the fight against the COVID-19 viral disease. This has claimed the attention of pro-transparency sections of the public, which are now responding to the need for transparency on the matter. The โ€œCovid-19 Transparency and Accountability Project (CTAP)โ€ has therefore surfaced, being implemented by BudgIT-Liberia in partnership with YARD-Liberia, Follow The Money, Libpedia, Volunteer Hub Liberia, and other rights policy advocacy institutions. According to BudgIT-Liberiaโ€™s Country Representative, Abraham Varney, CTAP is also being implemented across ten African countries, and is intended to promote accountability and transparency by tracking Covid-19 interventions made so far by the government and international partners.

โ€œIT WILL STIMULATE public conversation, ensuring proper accountability and transparency of funding and finances donated to the fight against Covid-19 during the public health emergency of international concern (PHEIC),โ€ Abraham Varney said.

AMIDST THE GLOBAL health emergency caused by the COVID-19 outbreak, multinational institutions, NGOs, INGOs, governments and development partners have contributed millions of dollars to the fight against Covid-19. However, corruption within public services deepens peopleโ€™s suspicions of governmentโ€™s health actions, and undermines health-care access. When new diseases such as Ebola and Covid-19 emerge, a lack of accountability and transparency in the utilization of intervention funds can also result in public distrust and confidence in governmentโ€™s effort to fight the pandemic.

โ€œNOW, THEREFORE, BUDGIT-LIBERIA, as an integrity-driven institution that promotes transparency and accountability, plans to implement the tracking of Covid-19 project funds in a collaborative, yet transparent and accountable, manner in Liberia. This project is aimed at assessing the socio-economic impacts of COVID-19 funds that came to Liberia. The project runs from January to October of 2021.

โ€œTHE CTAP, WHEN implemented, will help to achieve the following: ensure that all contributions made to the Government of Liberia (GOL) to fight against Covid-19 are tracked and monitored; ensure proper accountability of finances from the receiving of these finances up to the final expenditure, as well as reporting; appraise certain expenditures that go beyond certain threshold as prescribed by the Public Financial Management Law and the Public procurement Concession Commission laws and procedures; and ensure that the government makes public all expenditures of Covid-19 financing to ensure open accountability and transparency.โ€

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