Liberia: GAC Clears Liberia's 2025 Accounts, Flags US$76.9M Year-End Cash Balance
Monrovia, Sept. 2 -- Auditor General P. Garswa Jackson has released the General Auditing Commission's (GAC) audit of the Government of Liberia's Consolidated Fund Account for the 2025 fiscal year, giving the government's financial statements an unqualified opinion while urging lawmakers to urgently act on recommendations contained in the report.
By Gerald C. Koinyeneh, gerald.koinyeneh@frontpageafricaonline.com
The audit, covering the period January 1 to December 31, 2025, examined the government's statement of cash receipts and payments, comparison of budgeted and actual amounts, and accompanying financial notes.
In his report dated August 2026, Auditor General Jackson said the financial statements "present fairly, in all material res...
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