The Central Bank of Liberia (CBL) is pleased to announce that Liberia has been accorded the honor of chairing both the AFRITAC West 2 Steering Committee and the African Training Institute (ATI) Steering Committee for the period July 2026 to June 2027. This dual distinction underscores Liberia’s growing credibility and leadership in regional and international financial governance.
The decision to transfer the ATI Steering Committee Chairmanship from Mali to Liberia was unanimously endorsed by participating countries during a virtual meeting held on Friday, June 12, 2026. Similarly, the decision to transfer the AFRITAC West 2 Steering Committee Chairmanship From Sierra Leone to Liberia was unanimously endorsed during the Committee’s meeting held on Thursday, June 18, 2026, in Freetown, Sierra Leone.
Represented by Executive Governor Henry F. Saamoi, along with senior officials including the Deputy Governor for Economic Policy, the Liberia Revenue Authority (LRA) Commissioner General, and other key national stakeholders, Liberia’s delegation received strong and unanimous support from member states and development partners. Liberian officials (LISGIS, LRA and CBL) featured prominently on various panel discussions, on Statistics, Leadership & Governance and the Integration of IMF Capacity Development and Programs, respectively.
In his acceptance remarks, Governor Saamoi emphasized Liberia’s commitment to advancing three key priorities:
- Ensuring the strategic relevance and responsiveness of IMF-supported capacity development programs;
- Strengthening regional cooperation and peer learning among member countries; and
- Enhancing the impact, effectiveness, and accountability of technical assistance and training initiatives.
“Liberia will discharge this responsibility with humility, dedication, and a strong spirit of partnership,” he affirmed.
As Chair, Liberia will also host the AFRITAC West 2 and ATI Steering Committee meetings in 2027, a milestone that will further elevate the country’s profile as a convener of regional dialogue and a champion of institutional capacity building.
AFRITAC West 2 and ATI are critical pillars of the International Monetary Fund’s capacity development architecture, providing targeted technical assistance and high-quality training to member countries. Liberia has benefited significantly from these programs, particularly in areas such as monetary policy implementation, financial sector supervision, and macroeconomic management—reforms that have contributed to strengthening economic stability and promoting sustainable growth.
This latest achievement follows Liberia’s increasing leadership role within ECOWAS and the West African Monetary Zone, further reinforcing its position as a trusted partner in advancing regional financial cooperation.