By G. Watson Richards
The International Monetary Fund (IMF) has concluded a weeklong capacity-building program for members of the Board of Directors of the Liberia Revenue Authority (LRA), aimed at strengthening corporate governance, strategic oversight, and institutional performance.
The training, supported by the IMF’s Technical Assistance Center for West Africa (AFRITAC West 2), focused on enhancing the Board’s effectiveness in guiding the Authority’s operations in line with international best practices in public financial management and revenue administration.
Facilitated by IMF expert Moureen Kidd, the sessions covered key areas including corporate strategic planning, the legal roles and responsibilities of board members, budgeting and execution processes, and effective resource management.
Participants also examined IMF research on revenue authorities, with particular emphasis on corporate governance frameworks, performance evaluation systems, and accountability mechanisms.
Key insights from the training highlighted that successful revenue authorities depend on clear legal mandates, strong and functional boards, and effective executive leadership to drive reforms and improve tax compliance.
Speaking at the close of the workshop, LRA Board Chairman David K. Vinton underscored the importance of continuous learning and collaboration in advancing the Authority’s mandate. He emphasized the Board’s critical role in providing strategic direction and ensuring the LRA achieves its revenue targets and institutional objectives.
“Our role as members of the Board is central to the growth and performance of the LRA. I urge all members to remain focused and committed in executing our oversight responsibilities,” Mr. Vinton stated.
Also speaking, LRA Commissioner General and Secretary to the Board, James Dorbor Jallah, noted that investing in the Board’s capacity development is essential for strengthening accountability and improving operational efficiency within the Authority.
He added that the initiative aligns with the LRA’s broader goal of enhancing governance systems to support sustainable domestic revenue mobilization and national development.
This capacity-building initiative reflects the continued partnership between the IMF and the Liberia Revenue Authority in advancing reforms within Liberia’s tax administration system. It also underscores the LRA’s commitment to strengthening leadership capacity and reinforcing governance structures to deliver improved public service outcomes.
