David Colvin Presents Mobile Money Work in Liberia at ICGFM
David Colvin, President and CEO of IBI International presented "Successes and Challenges of USAID Payment Reform Implementation in Liberia" at the International Consortium On Governmental Financial Management (ICGFM) November DC Forum Luncheon.
In this presentation Mr. Colvin discussed how a USAID-funded project is establishing a mobile money payment system for the Government of Liberia, creating five pilot projects in various Liberian Ministries that have the potential to save millions of dollars. He talked about the successes and challenges of working with this West African government to introduce cost-saving payment reform. By maximizing the benefit of the extensive penetration of cell phones through rural and urban communities, mobile money has the potential to save time and money for governments, the private sector, and those receiving the payments. The presentation is available here.