LRA Commences Two Days Workshop On Domestic Resource Mobilization In Bong
The Liberia Revenue Authority (LRA) with support from the United Nations Development Programme has commenced a two-day stakeholders’ engagement workshop on the dissemination of key messages in the country’s Domestic Resource Mobilization (DRM) strategy in Gbarnga, Bong County.
About 50 representatives from the LRA, the Ministry of Finance and Development Planning (MFDP), UNDP, local and international development partners, NGOs, civil society and the business community are assembled in Gbarnga for the engagement from the 15 counties of Liberia.
Speaking in an interview with The Monrovia Times the Manager for Policy Planning and Partnership at the LRA Willington Jah said the main objective of the campaign is to present to stakeholders strategies options and areas of intervention.
He said specifically, the two days exercise will provide the opportunity for donors to clearly see how the DRM Strategy is critical in financing the Pro-Poor Agenda for Prosperity and Development (PAPD)the government’s current development roadmap.
The LRA Manager for Policy Planning and Partnership revealed that the two days event will further provide the opportunity for participants to clearly understand Liberia’s DRM Strategy and suggest ways forward for the implementation of the strategy.
According to him, DRM refers to the generation of revenue locally and their allocation to economically and socially productive investments, including basic social services such as roads, electricity, quality health, and education.
“It is potentially the biggest source of long-term financing for sustainable development and it is the lifeblood of all state governments such as the provision of public goods and services,” Mr. Jah stressed.
He said the DRM Strategy also serves as a key pillar of the government’s Pro-Poor Agenda for Prosperity and Development and, as such, must be immensely supported by all participating stakeholders and partners.
Liberia’s DRM Strategy is the result of four regional dialogues, which culminated into a National Revenue Symposium held in June 2017 on domestic resource mobilization. During the National Revenue Symposium, a document inclusive of plans and ideas on how to initiate a DRM Strategy for Liberia was formulated.
The strategy is further in support of a global crusade highlighting DRM as pivotal for African countries to finance the Post-2015 Sustainable Development Goals (SDGs) and the Africa Action Agenda 2063.