Governance and Economic Management
Assistance Program (GEMAP)

The Liberia Governance and Economic Management Assistance Program (GEMAP) is a partnership between the Government of Liberia and the International Contact Group on Liberia, including the United Nations (UN), the European Commission, the Economic Community of West African States, the African Union, the United States and the World Bank. Civil Society and the International Monetary Fund are active observers in GEMAP programs.
GEMAP one year report (pdf file)
News of the Economic Governance Committee (EGSC), the body which is responsible for the oversight of the implementation GEMAP.
President Ellen Johnson Sirleaf starts implementing GEMAP programme: Foreign nationals step into government positions to combat graft.
IRIN, March 3, 2006
Interim leader Bryant on September 13, 2005 signed the controversial GEMAP document giving foreign financial experts in key positions co-signatory powers. More here.
Preparations 2005: Liberia under tutelage?

Previous controversial loans and their malignant consequences were:

Corruption and Reconstruction in Liberia
By Nicholas Jahr

"(...) In September 2005, the transitional government signed an agreement with the international donors who have supported Liberia’s recovery: GEMAP, the Governance and Economic Management Assistance Program. Sold as an anti-corruption measure, it has been decried by a few Liberians as little more than neocolonialism. For their part, the donors and other influential members of the international community see GEMAP as the culmination of the reconstruction process and a new form of humanitarian intervention. (...)

Under GEMAP, the Central Bank and five state-owned enterprises (SOEs)—as well as several other government institutions—will be subject to internationally recruited experts with co-signature authority over their budgets. Revenues from the SOEs will be channeled into escrow accounts to protect them from further pillage, and management contracts will be put out on the SOEs in what proponents insist will be a transparent, competitive bidding process."
(More: dissentmagazine)



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