The Tax Justice Network Africa (TJNA) has concluded its fifth Anti-Illicit Financial Flows (IFFs) Policy Tracker piloting workshop.
The high-level event, held at the Cape Hotel, ran from September 1 to 3 and marks Liberia’s inclusion in a growing continental effort to curb IFFs through data-driven policy assessments.
The workshop was conducted in partnership with the African Union’s Economic Development, Trade, Tourism Industry, and Minerals Department (AU-ETTIM) and the African Tax Administration Forum (ATAF).
It brought together an impressive array of stakeholders including Liberian government agencies, regulatory institutions, and anti-corruption bodies.
Participating entities included the Financial Intelligence Agency (FIA), Liberia Revenue Authority (LRA), Central Bank of Liberia (CBL), Public Procurement and Concession Commission (PPCC), Liberia Business Registry (LBR), the Ministry of Finance and Development Planning, the General Auditing Commission (GAC), the Liberia Anti-Corruption Commission (LACC), Ministry of Justice, and Integrity Watch Liberia.
The Anti-IFFs Policy Tracker is a self-assessment and monitoring tool developed by TJNA to assist African nations in evaluating their national strategies to combat illicit financial flows.
FIA, in a statement said the tool focuses on four key areas: policy and legislative frameworks, institutional capacity, data and information systems, and interagency cooperation.
Targeting High-Risk Areas and Reform Opportunities
By piloting the Policy Tracker, Liberia joins Namibia, Uganda, Ghana, and Côte d’Ivoire in conducting in-depth reviews of national systems vulnerable to financial misconduct.
The tool helps identify high-risk areas within the financial system and offers actionable recommendations for reforms aimed at strengthening financial governance.
According to organizers, the Liberia pilot is part of a broader mission to support governments in implementing sustainable, evidence-based anti-IFF strategies.
“This process is more than a checklist — it’s about catalyzing long-term institutional change,” said a TJNA representative. “By understanding the structural weaknesses that enable IFFs, we can empower countries like Liberia to respond with targeted, effective solutions.”
Strengthening Liberia’s Oversight Landscape
The workshop also complements Liberia’s broader reform efforts.
The release, amongst other things noted that in recent months, TJNA, through the African Parliamentary Network on Illicit Financial Flows and Taxation (APNIFFT), has been working with Liberian lawmakers to scrutinize major concession agreements with multinational corporations such as ArcelorMittal and Firestone.
These deals, especially those involving the use of critical infrastructure like railway lines, are under review to ensure greater transparency and fairness.
Shaping Continental Policy Through National Action
Findings from the Liberian pilot will contribute to the Africa-wide discourse on IFFs and are expected to inform high-level deliberations at the upcoming African Union Specialized Technical Committee (AU STC) meeting in October 2025.
By participating in the Policy Tracker initiative, Liberia is positioning itself at the forefront of continental efforts to promote financial integrity, reduce capital flight, and build a resilient economy capable of withstanding global shocks.
