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Finance, Afriland Bank, Ink MOU

first_imgThe Ministry of Finance has taken a major step in an effort to decentralize its treasury functions across the country, particularly in rural Liberia.The Ministry signed a memorandum of understanding(MOU) with a local bank to operate cash centers in two counties.Finance Minister Amara Mohammed Konneh last week disclosed that he had signed the MOU in Monrovia, authorizing the Afriland First Bank to operate the cash centers in River Gee and Grand Kru Counties.According to Minister Konneh, the MOU is part of an overall effort of the government of Liberia—through the Finance Ministry—to expand fiscal operations at the county level, by taking services to grass-root communities, in order to encourage growth and development across the country.The Finance Minister also noted that the MOU exemplifies government’s plan to decentralize some of its treasury functions in the counties, in a bid to improve their capacity for fiscal decentralization as planned.Currently, out of 15 counties, only nine are served by either commercial banks or the Central Bank of Liberia. As a result, the Ministry of Finance charters United Nations (UN) flights on a monthly basis to deliver salaries to government staff working in those areas.To solve this problem, the Finance Ministry has started to construct cash centers in some of the counties. The first step in this direction was taken by President Ellen Johnson Sirleaf in Gbarpolu County. in July last year.The primary objective of the cash center is to enable civil servants conveniently and timely access their salaries, a Finance Ministry statement said. However, the cash centers need to be operated by a professional team; therefore, the offer to the commercial banks to partner with the government in operating the centers for mutual benefits is crucial, as paying civil servants in these areas of employment increase their purchasing power.It was in this light that the Finance Ministry sought the partnership of commercial banks for the provision of cash services and other related banking services in Grand Kru and River Gee Counties. Afriland First Bank, a legally registered banking institution in the country, expressed interest in the cash center activity.Afriland First Bank is a hybrid (deposit-taking and agriculture) banking institution. It is expected that the MOU inked between the Finance Ministry and the Bank will help to empower the local people through the provision of loans and other financial services. The government of Liberia will, this paper has learnt, use the Bank for revenue deposit and will partner with it to foster timely payment of civil servant salaries.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

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Mr. Whipple portrayer Wilson, 91, dies

first_imgThe first commercial aired in 1964 and by the time the campaign ended in 1985 the tag line and Wilson, a former Canadian airman and vaudeville veteran, were pop-culture touchstones. “Everybody says, `Where did they find you?’ I say I was never lost. I’ve been an actor for 55 years,” Wilson told the San Francisco Examiner in 1985. Though Wilson said he initially resisted commercial work, he learned to appreciate its nuance. “It’s the hardest thing to do in the entire acting realm. You’ve got 24 seconds to introduce yourself, introduce the product, say something nice about it and get off gracefully.” Dennis Legault, Procter & Gamble’s Charmin brand manager, said in a statement that Wilson deserves much of the credit for Charmin’s success in the marketplace. Dick Wilson, the character actor and pitchman who for 21 years played an uptight grocer begging customers “Please, don’t squeeze the Charmin,” died Monday. He was 91. Wilson died of natural causes at the Motion Picture & Television Fund Hospital in Woodland Hills, said his daughter Melanie Wilson, who is known for her role as a flight attendant on the ABC sitcom “Perfect Strangers.” “He is part of the culture. He was still funny to the very end. That’s his legacy,” his daughter said. Wilson made more than 500 commercials as Mr. George Whipple, a man consumed with keeping bubbly housewives from fondling toilet paper. The punch line of most spots was that Whipple himself was a closeted squeezer. “It is not an exaggeration to say that the Mr. Whipple character, which Dick Wilson portrayed for so many years, is one of the most recognizable faces in the history of American advertising,” Legault said. During his run as Mr. Whipple, Wilson also performed on the dinner theater circuit, shot occasional stand-up comedy shows and worked on dozens of TV sitcoms. He played the drunk on several episodes of “Bewitched,” and appeared as various characters on “Hogan’s Heroes,” “The Bob Newhart Show,” and Walt Disney productions. After Wilson retired in 1985, he continued to do occasional guest appearances for the brand and act on television. He declared himself not impressed with modern cinema. “The kind of pictures they’re making today, I’ll stick with toilet paper,” he told The Associated Press in 1985. Born July 30, 1916, in England, Wilson moved to Canada as a child. Wilson is survived by his wife, Meg; son, Stuart; and two daughters, Wendy and Melanie. A private funeral will be held Dec. 1.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img
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