World Bank Funded Project West Africa Agricultural Productivity Program (WAAPP-1C Liberia) Implemented by the Government of Liberia Through "Ministry of Agriculture Program Management Unit" IDA Credit No.: 48830- LR and PHRD Grant No.: 099511 -LR Report and Statement of Cash Receipts and Payments For the six months ended December 31, 2016 CONTENT: Page: 1. Project Information and performance 3. Statement of project management responsibilities 4. Independent auditor's Report 6. Statement of cash receipts and payments (by category) 7. Statement of cash receipts and payments (by component) 8. Statement of comparative budget and actual amount 9. Statement of Special Account Movements 10. Statement of Special Account Reconciliations 12. Notes to the Statement of Receipts and Payments Filename: West Africa Agricultural Productivity Program (WAAPP). Dec. 31, 2016 West Africa Agricultural Productivity Program (WAAPP-1 C Liberia Steering Committee For the six months ended December 31, 2016 The Steering Committee of the West Africa Agricultural Productivity Program comprised of seventeen (17) members during the six months ended December 31, 2016. That membership is constituted as follow: Steering Committee Title 1. Ministry of Agriculture Chairperson 2. WAAPP Coordinator Secretary 3. Ministry of Agriculture Representative 4. Ministry of Commerce and Industry Representative 5. Ministry of Finance Representative 6. Ministry of Gender and Development Representative 7. Ministry of Internal Affairs Representative 8. Environmental Protection Agency Representative 9. Ministry of Planning and Economics affairs Representative 10. Farmer's Organizations Representatives (2) 11. Non Governmental Organizations Representative (2) 12. Rural Women Organizations Representative 13. Central Agriculture Research Institute Representative 14. Agricultural Universities Representative 15. Private Sector Representatives Registered Offices: West Africa Agricultural Productivity Program P. 0. Box 9010-1000 Monrovia 10 University of Liberia Fendell Campus Monrovia, Liberia, West Africa Solicitors: Philomena Williams Legal Consultant Ministry of Agriculture P. 0. Box 10-9010 Monrovia, Liberia Auditors: PKF Randall Street Lara Building P. 0. Box 10-3635 1000 Monrovia 10, Liberia IDA Credit No.: 48830- LR and PHRD Grant No.: 099511 -LR Statement of responsibilities of the Project Accountant And Project Coordinator 1. The National Project Coordinator has general powers to ensure that the PCU (acting as the National Coordination Unit), oversees, plan, organize and coordinate project components and operations according to standard project documents and procedures, such as the Development Credit/Loan Agreement (DC/LA) and General Orders and Financial instructions of the Government of Liberia. The Project Coordinator is to: a. Ensure that all procurement and financial management activities are in accordance with World Bank's guidelines and procedures; b. Ensure that a sound and proper accounting system and procedures are in place for execution of the project; c. Provide quarterly reports to the Project Steering Committee indicating an overview of progress attained and proposing possible means of improving implementation where necessary; d. Develop and maintain in collaboration with other project staff to monitor project progress and performance indicators; e. Consolidate Annual Work Plan Budgets (AWPB) and cash-flow projections; f. Recruit, manage and evaluate support personnel and coordinate all training activities of the project staff. 2. The main duties and responsibilities of the Project Accountant are, but not limited to: a. Maintenance of up to date accounting and financial records in accordance with the project's accounting system, including journals, ledgers, fixed asset registers, etc.; b. have safe custody of petty cash and documents and inspection of daily petty cash disbursement documents; c. Reconcile accounts and prepare financial statements. Ensure timely closure of accounts at the end of the month and prepare a reconciliation statement and submit that updated account to the management; d. Verify the eligibility and accuracy of all payments. Ensure compliance with donor requirements in the processing of funds for project activities (including advances and payments to service providers) as well as timely processing and payment to intended beneficiaries; e. Prepare for, coordinate and supervise all financial and administrative audits in a timely manner; f. Coordinate with various departments/units of the WAAPP to prepare the periodic financial report at the standard format made by donor(s) and submit to the PIU Coordinator; 3. In summary, the Project Coordinator is also responsible to put in place appropriate mechanism for safeguarding the assets of the Program; and take reasonable steps for the prevention of fraud and other forms of irregularities, and for prompt detection of these if they should nonetheless occur. 4. The Project Coordinator is additionally responsible to annually hire competent auditors to examine the books of the Program. Such hiring shall however be approved by the World Bank. The Project Coordinator shall cause to be printed a copy of the auditor's report, together with the relevant financial statements accompanying such report. The above statement of responsibilities with respect to the financial statements of WAAPP shall be read in conjunction with the statement of the auditor's responsibilities set out in the opinion that immediately follows. This statement is being provided necessarily, for the benefit of the World Bank and other users of the accompanying financial statements, distinguishing the respective responsibilities of the Project Coordinator, Accounts Officer and those of the auditors in relation to the financial statements of the Program. Mr. J. Cyrus Saygbe, Sr. PROJECT CO DINATOR PKF Liberia PKF Accountants & business advisers INDEPENDENT AUDITOR'S REPORT To the Project Steering Committee and the World Bank West Africa Agricultural Productivity Program (WAAPP-1C Liberia) Ministry of Agriculture Republic of Liberia We have audited the accompanying Statement of Cash Receipts and Payments of - the West Africa Agricultural Productivity Program (WAAPP-1C Liberia), for the six months ended December 31, 2016. Management responsibility for the financial statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with Cash Basis International Public Sector Accounting Standards (IPSAS) and for such internal control as management - determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on the statement of Cash Receipts and Payments based on our audit. We conducted the audit in accordance with International Standards on Auditing. Those standards require that we comply with - ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the statement is free from material misstatement. - An. audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risk of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. An audit - also includes evaluating the appropriateness of accounting policies used and the reasonableness of the accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. Tel +231-886-510 562 . 231-886-510 603 .231-886 835-784 . Email: pkfliberia@pkf.com.ir * pkfliberia@yahoo.com PKF Liberia * Randall Street * Lara Building . Fourth Floor* Suite 410 P.O. Box 10-3635 * 1000 Monrovia 10 * Liberia contact Person: Nim'ne E. Mombo Sr., Managing Partner & Prof. D. Ansu Sonii Sr., Partner PKF-Liberia is a member firm of the PKF International Limited network of legally independent firms and does not accept any responsibility or liability for the actions or inactions on the part of any other individual member firm or firms 4 We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the accompanying Statement of Cash Receipts and Payments present fairly, in all material respects, the results of operations of the West Africa Agricultural Productivity Program (WAAPP-1C Liberia) for the six months ended December 31, 2016 its financial performance, and fund balance for the six months then ended in accordance with Cash Basis International Public Sector Accounting (IPSAS). PKF - Liberia Accountants & business advisors Monrovia Ministry of Agriculture IDA Credit No.: 48830-LR and PHRD Grant No.:09951 1-LR West Africa Agricultural Productivity Program(WAAPP-1 C Liberia) Statement of Cash Receipts and Payments(by Category) For the six months ended December 31, 2016 5 Six months One year ended ended Dec. 31 June 30 Note 2016 2016 Opening balance 14,125 70,383 Financing during the year Grant-PHRD - 1,175,611 Credit-IDA - 80,397 Total financing during the year 2 - 1,256,008 Total available financing 14,125 1,326,391 Project expenditures: (by category of expenditure) Operational Costs 4.1 4,715 438,583 Training 4.2 - 132,430 Workshops 4.3 8,800 114,521 Consultant Services 4.4 - 270,380 Civil Works 4.5 - 58,429 Goods 4.6 2,515 297,922 Total project expenditures by category 16,030 1,312,266 Excess of receipts over payments 1 (1,905) 14,125 The notes on pages 13 to 17 form an integral part of these financial statements. Ministry of Agriculture IDA Credit No.: 48830-LR and PHRD Grant No.:099511-LR West Africa Agricultural Production Program(WAAPp-1 C Liberia) Statement of Cash Receipts and Payments (by Components) For the six months ended Dcember 31, 2016 6 Six months One year ended ended Note 1 Dec. 31 June 30 2016 2016 Note US$ US$ Grant-PHRD - 1,175,611 Credit-IDA - 80,397 TOTAL FINANCING 2 - 1,256,008 Project expenditure: (by Component) Enabling condition for regional corporation & market integration 4.1 - 1,490 National center of specialization/strenghtening of research system 4.2 - 445,917 Support to demand-driven technology generation dissemination & adoption 4.3 - 238,382 Project management 4.4 16,030 626,477 16,030 1,312,266 Government funds - Total Project expenditures by Component 16,030 1,312,266 (shortfall)/excess of expenditure over receipts (16,030) (56,258) Fund balance: Begining of period 14,125 70,383 Closing balance (1,905) 14,125 Ministry of Agriculture IDA Credit No.: 48830-LR and PHRD Grant No.:09951 1-LR West Africa Agricultural Productivity Program(WAAPP-1 C Liberia) Statement of Comparitive Budget and Actual For the six months ended December 31, 2016 7 2016/2017 2016/2017 Budget Actual Variance Note US$ US$ US$ Project expenditure: (By Component of expenditures) Enabling conditions for sub- regional corporation & market integration Harmonizing national regulations at ECOWAS level Establishing national frame work for technology generation & decision Knowledge management, information & communication Total 4- - - 4.1- National center of specialization/strengthening of research system Upgrading core facilities and equipment Upgrading the capacity of researchers and development workers Support to priority research programs Total 4.2 - Support to demand-driven technology generation disemination & adoption Competitive agricultural research scheme Support to technology transfer Promotion of sustainable seed system Total 4.3 - Project management Project management and coordination 16,030 (16,030) Project monitoring and evaluation - Procurement of audit services Total 4.4 - 16,030 (16,030 Total project expenditure 16,030 (16,030 The notes on pages 13 to 17 form an integral part of these financial statements. Ministry of Agriculture IDA Credit No.: 48830-LR and PHRD Grant No.:09951 1-LR West Africa Agricultural Productivity Program(WAApp- C Liberia) Statement of Special Account Activities For the six months ended December 31, 2016 Account Nos: 0171014719056501 and 0051014719056501 Bank: Ecobank Liberia Limited Address: Randall & Ashmun Streets, Monrovia US$ Opening Balance 14,125 Add: Date of Receipt IDA Replenishments: PHRD relpenishment: Financing during the year Total 14,125 Deduct: Payment from operating accounts 14,505 Bank charges 1,525 16,030 Closing balance as at December 31, 2016 (as per bank statement) (1,905) The notes on pages 13 to 17 form an integral part of these financial statements. Ministry of Agriculture IDA Credit No.: 48830-LR and PHRD Grant No.:09951 1-LR West Africa Agricultural Productivity Program(WAAPP-1 C Liberia) Statement of Special Account Reconciliation For the six months ended December 31, 2016 9 Program ti West Africa Agricultural Productivity Program(WAAPP-1 C Liberia) IDA Credit and Grant Nos.: 48830-LR and 09951 1-LR Dec. 31 2016 US$ IDA PHRD 1 Total advanced by World Bank 1,000,000 1,999,988 2 Less total amount recovered by World Bank 3 Equals present outstanding amount advanced To the Special Account(Number 1 Less Number 2) 1,000,000 1,999,988 4 Balance of Special Account per attached Bank Statement as of 31st December 2016 77 (1,982) 5 Plus Balance of the Program account(s) Plus balance of sub-accounts Plus Cash on hand 6 Total of Bank balances,PA sub-account & Cash on hand balance(4+5) 77 (1,982) 7 Plus: Total amount withdrawn from the Special account/PA and not yet claimed =(3-(4+5+8+11)) 999,923 2,001,970 8 Plus: amount claimed in previous applications not yet credited at December 31, 2016 of Bank statement and claimed after December 31, 2016 of Bank Statement Application No. Date US $ Amount Sub-total of previous applications not yet credited 9 Minus: Interest earned 10 Total advance accounted for (No. 4 through 9) 1,000,000 1,999,988 11 Explanation of any difference between the total appearing on line 3 and 10 Non-eligible amount to be refunded to Special Account 12 Date: Signature: Henry H. Sele Project Accountant Ministry of Agriculture IDA Credit No.: 48830-LR and PHRD Grant No.:09951 1-LR West Africa Agricultural Productivity Program(WAAPP-1 C Liberia) For the six months ended December 31, 2016 10 5. Non-Current Assets Schedule Cat 1 Cat 2 Cat. 3 Cat 4 Infrasturcture Vehicles Equipment Furniture & fit Total Dec. 31 Dec. 31 Dec. 31 Dec. 31 Dec. 31 2016 2016 2016 2016 2016 As at July 1, 2016 - 157,380 63,373 10,525 231,278 Additions As at Dec. 31, 2016 157,380 63,373 10,525 231,278 As at June 30, 2016 - 157,380 63,373 10,525 231,278 Notes: The above assets are stated at cost for disclosure purposes only. The notes on pages 13 to 17 form an integral part of these financial statements. Ministry of Agriculture IDA Credit No.: 48830-LR and PHRD Grant No.:09951 1-LR West Africa Agricultural Productivity Program(WAAPP-1C Liberia) Allocation and use of Funds For the six months ended December 31, 2016 11 ALLOCATION AND USE OF FUNDS Allocated Disbursed Available Balance Equivalent Allocated Equivalent Allocated Equivalent Amount USID (or Amount USID (or Amount USD (or DR otherwise) SDR otherwise) SDR otherwise) Category IDA Civil works 103,362 159,018 11,019 16,953 92,343 142,065 Goods,Consultant services, training & operational costs 3,796,638 5,840,982 3,619,645 5,570,136 176,050 270,846 3,900,000 6,000,000 3,630,664 5,587,089 268,392 412,911 PH-IRD Civil works - 900,000 - 509,133 - 390,867 Goods,Consultant services, training & operational costs - 7,100,000 - 7,492,741 - 392,741 8,000,000 - 8,001,874. __L,874 Government of Liberia - 600,000 8017600,000 Grand total 3,900,000 14,600,000 3,630,664 13,588,963 268,392 1,011,037 RECONCILIATION OF FUNDS DISBURSED BY IDA & PHRD AND FUNDS RECEIVED BY THE PROGRAM. IDA Credit No.: 48830 - LR PHRD grant No.: 099511 - LR West Africa Agricultural Productivity Program (WAAPP-1C Liberia) Project Management Unit (PMU) Notes to the Statement of Cash Receipts and Payments For the six months ended December 31, 2016 1.0 Program Management Unit 1.1 General background of WAAPP 1.1.1 The West Africa Agricultural Programme (WAAPP-1C Liberia) is a two-phase 10 year Adoptable Program, each of five years duration. The first phase, referred to as WAAPP 1A involves three Countries - Ghana, Mali and Senegal. These Countries started implementing the WAAPP nearly five years ago. With the exception of Mali that experienced a period of civil unrest that caused the suspension of several development activities including the WAAPP in that Country, the other two Countries have completed their first phase and have begun the implementation of WAAPP- 2A, which is the remaining 5 years. The second group of countries known as WAAPP IB includes Burkina Faso, the Ivory Coast and Nigeria, while Benin, Gambia, Guinea, Liberia, Niger, Sierra Leone and Togo are in the WAAPP -1C group. The Program in the WAAPP1D Group of Countries, which include, Cape Verde and Guinea Bissau are still being processed, while Mauritania has been completed. The development objective of WAAPP is to generate and disseminate improved technologies in the participating Country's top priority commodity sub-sector that are aligned with regional priorities. The West and Central African Council for Agricultural Research and Development (WECARD/CORAF); main office located in Dakar, Senegal, is the sub-regional coordinating institution under the ECOWAS framework. 1.1.2 Upon the approval of the Programme by the World Bank in 2010, an interim team which comprised a Project Management Consultant and interim team leader, a Project Assistant and an Administrative Assistant, supervised by the Program Management Unit Director, was set up to begin the process of recruiting project staff in 2011. Subsequent to the completion of the team's mandated tasks, WAAPP Liberia began full swing on October 1, 2012; following the appointment of seven (7) of its key staff: National Project Coordinator, a Monitoring and Evaluation Officer, a Communication staff, Internal Auditor, Procurement Officer, Project Accountant and an Administrative Assistant. 1.2 Project sponsorship of WAAPP 1.2.1 The project is being financed by a loan from the World Bank and grant from Japan with a total budget of USD14o600l000 (Fourteen Million Six Hundred Thousand United States Dollars). The International Development Association (IDA) is providing USD6,00,000O (Six Million United States Dollars). Japan Policy and Human Resources Development Fund (PHRD) US$8000000 (Eight Million United States Dollars), and The Government of Liberia US$600,000 (Six Hundred Thousand United States Dollars) in kind. The beneficiaries include farmers, researchers, Universities, Ministry of Agriculture, Central Agriculture Research Institute, County Based Organizations (CBOs) and Farmer Based Organizations (FBOs). IDA Credit No.: 48830 - LR 13 PHRD grant No.: 099511 - LR West Africa Agricultural Productivity Program (WAAPP-1C Liberia) Project Management Unit (PMU) Notes to the Statement of Cash Receipts andPayments For the six months ended December 31, 2016 1.3 Project Description and objective 1.3.1 The goal of WAAPP-1C Liberia is to achieve self-sufficiency and export capacity of rice production whilst improving productivity in rice and cassava alon their respective value chains. The development obje ive of WAAP 1C Liberia is to improve the productivity of rice and cassava along their respective value chains in order to enhance Liberia's food self-sufficiency and regional competitiveness. Moreover, WAAPP-1C Liberia will contribute to rice and cassava productivity increase in the Mano River Union (MRU) Countries also through the value chain development approach. 1.3.2 The Programme has embarked on capacity building and believe that it is a fundamental part of the project. WAAPp -aC Liberia has thirty seven (37) Liberians in various Universities in East and West Africa pursuing their Masters and PHD degrees. Plans are on the way for local scholarships in Agriculture colleges in Liberia. For institutional capacity building, the project main focus is on the Central Agricultural Research Institute (CARl), located in Suakoko, Bong County. 1.3.3 The programme has adopted the Regional WAAPP approach which results in four components: (1) Establishing enabling conditions for sub-regional cooperation and market integration, (2) Establishing national centers of specializations, (3) Funding for demand-driven technology generation and dissemination and (4) Project coordination, Management monitoring and evaluation. 1.3.4 In Liberia, WAAPP'g implementation is in eight (8) of the fifteen (15) Counties. Namely: Bomi, Bong, Gbarpolu, Grand Gedeh, Margibi, Maryland, River Gee and Sinoe Counties. 2.0 Significant accounting policies 2.1 Bases of accounting and reporting 2.1.1 The statement of Cash Receipts and Payments has been prepared on a Cash Basis under the historical cost convention, in accordance with International Public Sector Accounting (IPSAS). Cash Basis IPSAS recognizes financial transactions and other related events only when cash is received or paid. 2.2 Currency of reporting 2.2.1 The financial statement is expressed in United States dollars. Cash and near cash assets as well as all liabilities, if any, denominated in other currencies, are translated to United States dollars at the applicable year-end rates. Transactions occurring in other currencies during the year are brought into the books at the prevailing rates of exchange on the dates of the respective transactions. Gains or losses arising on foreign currency transactions are reflected in expenditures for the period in which they arise. IDA Credit No.: 48830 - LR 14 PHRD grant No.: 099511 - LR West Africa Agricultural Productivity Program (WAAPP-1C Liberia) Project Management Unit (PMU) Notes to the Statement of Cash Receipts and Payments - For the six months ended December 31, 2016 2.3 Cash Cash comprise petty cash and cash in Bank. 2.4 Long term assets Long-term assets represent expenditures incurred in capital works and acquisition of property and equipment. Such assets are stated at cost for disclosure purposes only. 2.5 Grant Grant is recognized on cash basis and credited to the donor account when received. 3.0 Other disclosures 3.1 We understand that this phase of the WAAPP's operations is a No Cost Extension Period and did not involve activities that would require an independent inspection. Therefore, there were no inspection required neither performed by us under this engagement. 3.1.2 Out of eight innovation platforms, two implementing partners, ADRA Liberia operations in Gbarpolu and Maryland and Welthungerhlife Liberia in Bomi County did not deliver up to the expiration of their contracts. We however observed that full payments were not made to these implementing partners, since indeed payments were based on complete deliverables of all activities as per the contracts. However, unspent funds in the above regards were appropriately utilized with no objection approval by the Bank. The actions to withhold payments were therefore in straight compliance with those understandings. In addition, end-ofcontract letters have been issued to all partners as the project has closed. 3.1.3 Two consultants, Africa Rice Center (ARC) and International Institute of Tropical Agriculture (IITA), while performing their services to WAAPP, left Liberia in April 2014 due to the outbreak of the ebola virus. The two consultants were however partially paid before they left the Country. The ARC consultants returned in August 2015; while the IITA consultant remained out of the Country and resigned. Due to the above, the balance payments were not made to the consultants, since they did not complete their deliverables of activities as per the contracts. Thesse amounts were also disbursed otherwise in the same manner as those from the partners. The Institutions have been issued end-of-contract letters based on the closure of the project. 3.1.4 The Project closed on December 31, 2016 with salary arrears of US$54,100 for staff of the Project Coordination Unit. All staff have received end-of-contract letters while the arrears (November and December 2016) have not been settled. Ministry of Agriculture IDA Credit No.: 48830-LR and PHRD Grant NO.: 099511-LR West Africa Agricultural Productivity Program (WAAPP-1C Liberia) Notes to the Statement of Cash Receipts and Payments (by Category) 15 For the six months ended December 31, 2016 Months One year ended ended Dec. 31 June 30 2016 2016 US$ US$ 3.1 Cash on hand and in bank Balances with local bank (1,905) 13,125 Petty cash 1,125 - 1,000 _1905) 14,125 3.2 Income PHRD 1,175,611 IDA -80,397 -- 1,256,008 4 Expenditure by Category 4.1 Operational costs Salaries & incentives 1,090 328,710 Perdiem 1,000 32,960 Bank charges 1,525 11,766 Vehicle maintenance 1,100 65,147 4,715 438,583 4.2 Training Training Masters of Science- year 2 80,226 Training PhD -year 2 14,053 Training PhD -year 3 38,151 132,430 4.3 Workshops Regional Steering Committee 21,849 Monitoring & evaluation - 36,714 Seminars & meetings- regional 8,800 55,959 8,800 4,592 Ministry of Agriculture IDA Credit No.: 48830-LR and PHRD Grant NO.: 09951 1-LR West Africa Agricultural Productivity Program (WAAPP-1 C Liberia) Notes to the Statement of Cash Receipts and Payments (by Category) 16 For the six months ended December 31, 2016 Months One year ended ended Dec. 31 June 30 2016 2016 4.4 Consultant services Financial audit- National 15,647 Consultancy fees 7,15 Long term technical asst. Africe Rice - 246,738 - 270,380 4.5 Civil works Planning rehibilation - 58,429 - 58,429 4.6 Goods Support to seed unit- CARl - 3,440 Support to NGO/FBO rice growers - 193,616 Multiplication of foundation seed - 6,180 Supply, preparation & implementation -seed policy - 1,490 Knowledge management & information act plan - 3,340 Supplies & maintenance 2,515 58,051 Multiplication of rice 2 5805 21 31,805 2,515 297,922 Ministry of Agriculture IDA Credit No.:- 48830-LR and PHRD Grant No.:09951 1-LR West Afric Agricultural Productivity Program(WAApp C Liberia) 17 Notes to the Statement of Cash Receipts and Payments(by Component) For the six months ended December 31, 2016 Six months One year ended ended Dec. 31 June 30 2016 2016 4 Expenditure by Component US$ US$ 4.1 Enabling condition for regional corporation and market integration Establishing National framework for spp.prep. & impl. - seed policy 1,490 4.2 National center of specialization/ strengthening of research system Upgrading core facilities and equipment 66,749 Upgrading the capacity of researchers and development workers - 132,430 Support to priority research programs 2,430 - 246,738 4.3 Support to demand -driven technology generation dissemination and adoption Promotion of sustainable seed system - 3,440 Seed multiplication-rice - 231,602 Support to technology transfer - 3,60 - 3,340 4.4 Project management Regional Steering Committee - 21,849 Financial Audit National - 15,647 Seminars and meetings-regional 8,800 55,959 Monitoring and evaluation 8 55,959 Salaries and incentives - 36,714 Perdiem 1,000 24,640 Consultancy fees 1 2,640 Bank service charges 1,525 11,766 Vehicle maintenance 1,100 65,147 Supplies and maintenance 2,15 58,051 16,030 626,478 Management Letter Clearance PKF Liberia Accountants & business advisers May 3, 2017 Dr. Moses M. Zinnah Chairperson National Steering Committee West African Agricultural Productivity Program (WAAPP) Ministry of Agriculture Gardnersville, Liberia Dear Dr. Zinnah: Mana-gement Letter Clearence In connection with our audit of the West Africa Agricultural Productivity Program (WAAPP - 1 C Lberia) for the six months ended December 31, 2016; we confirm that no matters came to our attention during the course of the audit that we considered significant enough to warrant the issuance of a separate management letter. PKF - Liberia Accountants & Business advisors Tel +231-886-510 562 - 231-886-510 603 - 231-886 835-784. Emaif: pkfiiberia@pkf.com.Ir - pkfliberia@yahoo.corn PKF Liberia *Randall Street* Lara Building* Fourth Floor Suite 41 P.O. Box 10-3635 * 1000 Monrovia 10* Liberia contact Person: Nimne E. Mombo Sr., managing Partner & Prof. e. Ansu Soni Sr., Partner PKF-Liberia is a member firm of the PKF International Limited network of legally independent firms and does not accept any responsibility or liability for the actions or inactions on the part of any other individual member firm or firms