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Audit of USAID/Liberia’s Economic Growth Activities

Country: Liberia
Fiscal Year: 2009
Agency: USAID
Audit Report Available: No

Liberia’s emergence from two decades of civil conflict presents opportunities for peaceful development. The democratically elected leadership must face challenges common to post-conflict countries and overcome past divisions between the capital and rural areas that resulted in uneven opportunities for Liberians and a shattered economy. USAID increased its funding request in FY 2008 to support Liberia’s economic growth program from $26.7 million to $36.1 million.

The program is intended to increase the transparency and legitimate use, ownership, access, and commercialization of timber, forest products, minerals, fisheries, and other natural resources. The program is implemented by the Governance and Economic Management Assistance Program to improve policies on natural resource commercialization. U.S.-supported community forestry initiatives are designed to establish sound policies and practices to ensure that the Liberian population benefits from its forests and related natural resources. Also, microcredit initiatives are supported to promote small businesses, by providing training and strengthening their commercial viability, with the goal of increasing employment.

The audit will (1) determine whether USAID/Liberia economic growth activities achieved planned results and (2) assess the activities’ impact.

Source:  Office of Inspector General ANNUAL PLAN FISCAL YEAR 2009

Date added: 2011-07-09 09:20:43    Hits: 299
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