PHOTO: Country Manager, Georgia Wallen
At a training workshop in Monrovia, the World Bank Liberia Country Manager, Georgia Wallen has spoken of the need to address weaknesses in public procurement and financial management sector.
“Experience across the portfolio shows that many implementation challenges arise from weaknesses in procurement processes, financial controls, record keeping, contract management, and oversight arrangements. Early identification of risks and timely corrective actions are essential to preventing fraud, corruption, and misuse of project funds,” the World Bank official said on Wednesday, June 24, 2026 at at a fudiciary workshop for Project Implementation Units’ Financial Management Specialists and Procurement Specialists/Officers.
The 57 participants came from Internal Audit Agency, General Auditing Commission, Witness Protection Agency, Liberia Anti-Corruption Commission and Public Financial Management Unit at the Ministry of Finance and Development Planning.
And the training was held at the World Bank Liberia Country Office in Monrovia’s Congo Town suburb.
BELOW IS FULL TEXT OF MADAM GEORGIA WALLEN’S STATEMENT AT THE START OF THE TRAINING;
THE WORLD BANK GROUP
Joint INTEGRITY / Procurement / Financial Management Workshop
Opening Remarks by the Country Manager
June 24, 2026
It is my pleasure to welcome you to this Joint Integrity, Procurement, and Financial Management Workshop. Thank you for joining us today.
The objective of this workshop is to strengthen our understanding of fiduciary responsibilities, integrity, and risk management in project implementation. While achieving development results remains our primary goal, it is equally important that project resources are managed transparently, efficiently, and for their intended purposes.
Experience across the portfolio shows that many implementation challenges arise from weaknesses in procurement processes, financial controls, record keeping, contract management, and oversight arrangements. Early identification of risks and timely corrective actions are essential to preventing fraud, corruption, and misuse of project funds.
Today’s discussions will focus on:
- Procurement red flags and complaints management;
- Financial management red flags and funds traceability;
- Fiduciary and integrity risks in project implementation; and
- Practical measures to strengthen accountability and compliance.
I encourage all participants to actively engage in the discussions, share experiences, ask questions, and learn from one another. Building a strong culture of integrity, transparency, and accountability is a shared responsibility.
I would like to thank our colleagues from INT, Procurement, and Financial Management for facilitating today’s sessions and sharing their expertise.
I wish you all a productive workshop and fruitful discussions.
Thank you.