The Liberia Revenue Authority (LRA) through its Taxpayer Services Division, yesterday, February 2, 2026, held a high-level engagement with representatives from Liberia’s commercial banking sector, aiming to enhance tax payment and compliance via banks’ digital service channels.
The meeting reviewed key provisions of the recently signed Memorandum of Understanding (MoU) between the LRA and commercial banks.
Discussions focused on the roles and responsibilities of both parties, management of transitory accounts, transaction flows, and agreed corrective measures to streamline revenue collection.
James B. Kokulo, Manager of the Bank and Services Delivery Monitoring Section, commended the banks for their ongoing partnership in tax collection, noting that the collaboration plays a critical role in helping the LRA achieve its 2025 revenue collection targets.
Deputy Commissioner General for Technical Affairs, Mr. Gabriel Y. Montgomery, stressed the importance of sustained cooperation between the LRA and the banking sector, highlighting that continued collaboration would further strengthen tax collection across the country.
Representatives of the commercial banks reaffirmed their commitment to the partnership, pledging to work closely with the LRA to ensure efficient and coordinated government revenue collection.
The engagement underscores the LRA’s efforts to leverage digital banking channels to simplify tax payments, improve compliance, and enhance transparency in Liberia’s revenue system.
