Monrovia, Liberia - Liberia’s Finance and Development Planning Minister Hon. Samuel D. Tweah Jr., has held a meeting with the new Resident Representative of the United Nations Development Programme to Liberia, Stephen Rodriques.

Monrovia, Liberia - The Government of Liberia and TRANSCO CLSG including contractors from the Liberia Electricity Corporation on Tuesday January 26, 2021 commenced three days Bi- Annual Coordination General Strategic Meeting at the Cape Hotel in Mamba point.

General Manager of Transco CLSG, Mr. Mohammed M. Sherif, Media personnels and contractors of Mount coffee tour Transco-Electricity project sites.

Monrovia, Liberia - The inspection of facilities at the Mount Coffee Hydro Power Plant by General Manager Mohammed M. Sherif of the Transmission Company for Cote d’Ivoire, Liberia, Sierra Leone and Guinea (TRANSCO CLSG), is a boost for the energy sector, ahead of February 2021 commissioning of the project.

The Technical Economic Management Team (TEMT) will hold a discussion today 21 January at the Ministerial Complex in Congo Town on the recent Executive Order (EO 103) abolishing Import Permit Declaration (IPDs) with major stakeholders and the business community.

Monrovia, Liberia - Deputy Finance Minister for Fiscal Affairs Hon. Dr. Samora P.Z. Wolokoie has urged graduating students of the Cathedral Catholic High School to seek higher education in order for their future to be better.

Monrovia, Liberia - The Minister of Finance and Development Planning Hon Samuel D. Tweah, Jr., has expressed government commitment to ensuring that land-owners and squatters have legal titles to their land.

Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning in collaboration with the Joint Payroll Management Team of the Civil Service Agency on Thursday, January 14, 2021, held a one-day interactive workshop for Human Resource personnel, Comptrollers and personnel analysts on how to process payroll and follow the right procedure for appropriate adjustment.

Monrovia, Liberia - A one day education and training workshop, to strengthen the knowledge and skills of HRs and Comptrollers and payroll analysts, from spending entities of Central Government on ‘Payroll Processing’ commences this Thursday, January 14, 2021, at the Ministerial Complex in Monrovia.

Monrovia, Liberia - The Government of Liberia has officially terminated the Beach and Waterways Program inherited from the previous administration with massive arrears which this administration settled. As with the bloated Government wage structure inherited, the Beach and Waterways program has been riddled with fraud, waste, ghosts, and abuse.

Monrovia, Liberia - Liberia’s Finance and Development Planning Minister Hon. Samuel D. Tweah Jr. has urged economic actors such as CBL and Commerce Ministry to do what he termed as “heavy lifting” to ensure that reduction in exchange rate commensurate with prices on basic commodities.

The International Monetary Fund Executive Board on Monday December 21, 2020, approved forty-eight million United States dollars disbursement for Liberia.

The European Commission on Friday, December 18, 2020, announced the mobilization of €84.26 million in support of the response to the COVID-19 pandemic in four African countries including Liberia, Benin, The Central African Republic, and Sierra Leone.

The Minister of Finance and Development Planning, Hon. Samuel D. Tweah, Jr., the entire Senior Management Team of the Ministry and general staff convey to H.E. President George M. Weah, Vice President Hon. Jewel Howard-Taylor, First Lady Madam Clar Weah, the Speaker, the Senate Pro-Temp and Members of the National Legislature, the Chief Justice and Associate Justices of the Supreme Court, the entire Government and Citizens of Liberia, as well as our International Partners and Foreign Missions accredited near Monrovia, a Merry Christmas and a very happy and prosperous New Year 2021 . We pray for the New Year to be filled with happiness and prosperity for us all.

Buchanan, Grand Bassa County - A two day workshop, geared towards ensuring comptrollers and accountants of government line ministries and agencies, having adequate understanding about the newly created Comptroller and Accountant General Department, and in continuation of the reform exercise has been held in Buchanan, Grand Bassa County, from December 18-19, 2020.

Monrovia, Liberia - Liberia’s Finance and Development Planning Minister Hon. Samuel D. Tweah Jr., is calling on donor partners’ to focus more attention on Liberia.

Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning is to shortly roll out the Aid Management Tool (specifically referred to as the Liberia Project Dash Board), as well as, the National Aid and NGO Policy of Liberia (NAPL).

Monrovia, Liberia - The African Peer Review Mechanism National Secretariat has held Town Hall Meetings with emphasis on Domestic Resource Mobilization in five (5) counties over an 8-day period.

Tubmanburg, Bomi County- The Government of Liberia through the Ministry of Finance and Development Planning with support from the United Nations Children’s Fund on Wednesday October 27, 2020 began three day participatory capacity building training in what is term as‘’ Result Based Planning Monitoring and Evaluation workshop for Monitoring and Evaluation officer’s in Tubmanburg, Bom iCounty.

Monrovia, Liberia - A refurbished cafeteria has opened at the Ministry of Finance and Development Planning, to serve employees and visitors to the Ministry.

Monrovia, Liberia - Liberia’s Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr., says the new fiscal calendar will bring the country into alignment with the Economic Community of West African States (ECOWAS) member countries. He said that this transitioning is important due to the fact that the sub-regional group is transitioning into a single currency.

Monrovia, Liberia - Liberia’s Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr. has reaffirmed the government’s commitment, to robust economic and reform measures, that will ensure bigger programs across all sectors are undertaken.

Ganta, Nimba County - The Ministry of Finance and Development Planning, through its Department of Budget and Development Planning on Tuesday, October 20, 2020, climaxed ‘Phase One’ of the Pro-Poor Agenda for Prosperity and Development (PAPD), technical review retreat in Ganta, Nimba County.

Monrovia, Liberia - The Government of Liberia through the Comptroller and Accountant General’s (CAG) Office, at the Ministry of Finance & Development Planning, will on Wednesday, October 21, 2020, launch the establishment of the Comptroller & Accountant General’s Department of the Ministry of Finance & Development Planning.

Buchanan, Grand Bassa - The Government of Liberia through the Ministry of Finance and Development Planning with direct supervision from the Department of Budget and Development Planning, over the weekend, climaxed a three-day planning retreat on the change in the GoL Fiscal Year on Friday, October 2, 2020.

Assistant Minister for Development Planning, Hon. Benedict Kolubah chair the opening session of the National Transfer Account Training.

Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning and the United Nations Economic Commission for Africa West Africa Regional Office ECA/SRO-WA on Tuesday, October 6, 2020, commenced a three-day virtual capacity building workshop for Senior Government Personnel.

Monrovia, Liberia  – Swedish Minister for International Development Cooperation, Mr. Peter ERIKSSON, is heading a high-level Mission to Liberia and will arrive on October 8, 2020.

The Ministry of Finance & Development Planning informs the general public, taxpayers, and our development partners that the interior and exterior paintings of MFDP’s Building is ongoing and will last up to a period of two months.

Monrovia, Liberia - The Interagency Payroll Clean-up Taskforce, with immediate effect, has blocked the salary payment of 998 employees, who have been identified as double or multiple payroll dippers across various agencies under the central government. The estimated savings from the blocking of these employees is US$2.2million (Two Million United States Dollars).

Your Excellency Dr. George Manneh Weah, President of the Republic of Liberia, as you celebrate another milestone on this wonderful occasion marking your 54th Birth Anniversary on today, October 1, 2020, the Minister Hon. Samuel D. Tweah, Jr. and the entire Senior Management Team, as well, the staff of the Ministry of Finance and Development Planning wishes you God’s abundant blessings.

Monrovia, Liberia - Liberia’s Finance and Development Planning Minister, Hon. Samuel D. Tweah, Jr. has called for a more “meaningful and radical” approach to change the investment and development trajectory in Sub-Saharan Africa.
Minister Tweah made the call on Tuesday, September 29, 2020, when he spoke at the 5th US-Africa Investment Forum and Policy Dialogue.

Congratulations to Deputy Minister for Fiscal Affairs at the Ministry of Finance and Development Planning, Honorable Samora P.Z.Wolokolie, for obtaining a Ph.D. in Forensic Accounting & Audit.

Monrovia, Liberia - The Government of Liberia (GOL) through the Ministry of Finance and Development Planning will on Friday, September 11, 2020, hold a one-day workshop leading to the development of a dedicated Citizen’s Budget Portal at the Golden Key Hotel in Paynesville.

Buchanan, Grand Bassa County - The Government of Liberia through the Ministry of Finance and Development Planning has launched the National Aid & NGO Policy of Liberia (NAPL) to the public with a unique reporting tool - the Liberia Project Dashboard (LPD). The launch took place in Buchanan, Grand Bassa County, on Saturday, September 5, 2020.

LIMPAC Executive Director- Mr. Del Francis Wreh and Members of LBO at the donation ceremony.

Monrovia, Liberia - The Liberia Macroeconomic Policy Analysis Center (LIMPAC), a policy Think Tank and capacity-building center within the Ministry of Finance and Development Planning has presented a consignment of assorted office supplies to the Legislative Budget Office (LBO), the technical policy analysis arm at the Liberia National Legislature.

Monrovia, Liberia - The Government of Liberia will next week officially roll out the National Aid and NGO Policy of Liberia (NAPL) to the public with a unique reporting tool - the Liberia Project Dashboard (LPD). 

Monrovia, Liberia - The Comptroller and Accountant General of Liberia, Hon. Janga A. Kowo has applauded the African Development Bank, as well as other development partners for their continuous support to the Government of President George M. Weah.

Monrovia, Liberia - Finance and Development Planning Minister Hon. Samuel D. Tweah Jr., says the Government of President George Manneh Weah will provide the support needed to transform the Financial Intelligence Unit into a robust and efficient entity to fight financial crimes in the country.

Monrovia, Liberia - The Minister, Senior Management and Staff of the Ministry of Finance and Development Planning wish a holy Eid Al Adha Mubarak to all our Muslim brothers and sisters as they commemorate the sacrifice made by Abraham in obedience to Allah's command.

This brief has been necessitated by a misleading article authored by the former Minister of Finance and Development Planning, Mr. Boima Kamara, profiling Liberia’s debt situation and comparing debt performance before and after 2018. Mr. Kamara’s conclusions are fatally flawed and as a former minister, he was offered the opportunity to revise those conclusions to avoid the MFDP issuing a clarification, on the fact that he either may not have had the information that led to the faulty conclusions or did not discern the anomaly in the debt data. Mr. Kamara turned down the opportunity and asked the MFDP to issue the clarification.

The Board of Governors of the Asian Infrastructure Investment Bank (AIIB) has approved Liberia’s membership at its Fifth Annual Meeting held in Beijing, China, on Tuesday, July 28, 2020.

Monrovia, Liberia - The Minister, Deputy and Assistant Ministers, Directors and Staff of the Ministry of Finance and Development Planning, on this festive occasion of the 173rd Independence Anniversary of the Republic of Liberia, extend sincere Congratulations and Felicitations to His Excellency the President of Liberia, Dr. George Manneh Weah, the First Lady, Madam Clar M.Weah, the Vice President, Her Excellency Chief Jewel Howard Taylor, the Speaker and Members of the Honorable House of Representatives, the President Pro-Tempore and Members of the Senate, the Chief Justice, Associate Justices of the Supreme Court of Liberia and the Judiciary, the Dean and Members of the Cabinet, the Chairpersons and members of the Boards of Directors of the State-Owned Enterprises and the entire people of the Republic of Liberia.

Monrovia, Liberia - The Government of Liberia represented by the Minister of Finance and Development Planning Hon. Samuel D. Tweah Jr., and the Agence Francaise de Development (AFD), represented by France Ambassador Terence Wills, on Tuesday, July 14, 2020, signed a 10 million Euros grant agreement to support Liberia’s National TVET Policy.

Monrovia, Liberia - The World Bank has approved USD 9.3 million in additional grants to the Government of Liberia, for the Cheesemanburg Landfill and urban sanitation (CLUS) project.

My fellow Liberians, officials of Government present, invited guests, the members of the Fourth Estate, distinguished ladies and gentlemen:

I am profoundly pleased to be here today and exceedingly grateful to the Leadership of the Press Union of Liberia for inviting me to speak at this historic forum.

Monrovia, Liberia - As the global COVID-19 pandemic spreads in Liberia, the GoL is set to enhance and re-deploy the Electronic Document Management System (EDMS).

Monrovia, Liberia - The Ministry of Finance and Development Planning has begun disbursing salaries checks of Civil Servants for the Month of June to commercial banks as of Friday, June 19, 2020.

Monrovia, Liberia -The Government of Liberia through the Ministry of Finance and Development Planning has begun processing civil servants salaries for the Month of June 2020.

Dear Minister,  

On behalf of the Global Initiative for Fiscal Transparency and the International Budget Partnership, we recognize the effort that Liberia has made to promote budget transparency. Although this work has sometimes not yielded the expected results and inevitably challenges remain, we know that your leadership has always strongly advanced the disclosure of information on the use of public resources and the expansion of the possibilities for public participation in the budget process. In the 2019 edition of IBP’s Open Budget Survey, Liberia had a 6% increase compared to the 2017 results (link).

The Executive Board of the IMF at a meeting on Friday, June 5, 2020, approved the disbursement of SDR 36.2 million equivalents to US$ 50million or 14 percent of quota under the Rapid Credit Facility (RCF) to Liberia to help address the emergency financing needs stemming from the COVID 19 pandemic.

Monrovia, Liberia - The Ministry of Finance and Development Planning announces with immediate effect the resumption of the processing of Investment Incentives Certificates in consonance with Section 16 of the Liberia Revenue Code.

Monrovia, Liberia - The government of Liberia has commenced the regular publication of revenue and expenditure reports of the various spending entities in an effort to further enhance its commitment to transparency and accountability. Under the new measure, the Ministry of Finance and Development Planning will post weekly fiscal reports to its website (www.mfdp.gov.lr).

Monrovia, Liberia - The Government of Liberia and USAID, on Friday May 22, 2020, signed Six Hundred-forty million United States Dollars ($640M), Development Objective Grant Agreement (DOAG).

I will like to extend my warmest wishes to Muslims in Liberia and around the world celebrating Eid-ul-Fitr.

As you mark the end of Ramadan, it marks a new beginning for all Muslims and a reason to celebrate.

Monrovia, Liberia - The Government of Liberia, represented by Finance and Development Planning Minister Hon. Samuel D. Tweah Jr., and the European Union Head of Delegation Ambassador Helene Cave on Friday May 22, signed two financing agreements totaling US$ 59 million.

Monrovia, Liberia - The Government of Liberia, and the European Union will on Friday May 22, sign two financing agreements.

Honorable Samuel D.Tweah Jr., Minister of Finance and Development Planning and the National Authorizing Officer Republic of Liberia will sign for the Government of Liberia, while Ambassador and Head of Delegation Madam Helene Cave will sign for the European Union.

Public Financial Management Unit (PFMU): is tasked with providing centralized financial management functions for donor-funded projects in Liberia. The Unit receives payment requests from the Project Implementation Units (PIUs) and processes those payments on behalf of the implementation units.

The PFMU primarily carry out disbursement of donors funds in accordance with donor procedures and report accordingly

Mobile Money Unit (MMU): is responsible for digital money storage, payments, and transfers of the government. The unit creates awareness and enrollment for civil servants and presidential appointees on the GoL mobile money platform.

The unit intends to drive the Liberian economy from cash-based to a cashless economy using the mobile money platform.

Technical Services Unit (TSU): is responsible for advising the CAG on all technical fiscal related matters, provides training, and assigned comptrollers across line ministries and agencies. The unit also ensures GoL compliance with the implementation of the Treasury Single Account Reform and advises on GoL’s liquidity position.

Liberia’s Comptroller and Accountant General (CAG) is Atty. Janga Augustus Kowo. He is a seasoned public finance and accounting professional with progressive experience in Public Finance, Accounting, and Auditing spanning more than two decades. Based on his experience in Public Sector Accounting and Public Financial Management, His Excellency President George Manneh Weah appointed him to occupy the post of Comptroller and Accountant General of the Republic of Liberia. Atty. Kowo spearheads government accounting and treasury functions. He championed the reform that led to the establishment of the Comptroller and Accountant General’s Department of the Ministry of Finance and Development Planning under the Donor Supported Public Financial Management Reforms Initiatives of the Government of Liberia.

Atty. Kowo has worked in several capacities in Public Financial Management in Liberia. He served as Chief Financial Officer (CFO) of the Reformed General Auditing Commission (GAC) of Liberia, where his role included risk management, planning, budgeting, accounting, and financial reporting and audit support services among others. Under the direct supervision of the European Union recruited former Auditor General of Liberia, Atty. Janga A. Kowo led the Reorganization Team of the New General Auditing Commission of Liberia. In this role, he spearheaded the overall management of the first postwar recruitment and restructuring efforts of Liberia’s supreme audit institution.

Atty. Kowo served as a Financial Reporting Consultant of the World Bank Funded State-owned Enterprise (SOE) Unit where he worked to ensure that state-owned enterprises in Liberia follow public financial Management regulations and are also accountable to the Liberian people through the budget process.

The country’s Comptroller and Accountant General started his professional career at the Ministry of Finance and Development Planning in the mid-1990s. He served in several capacities at the former Ministry of Finance rising from a cadet to the position of Senior Supervisor in the Motor Vehicle Division, where he was responsible for supervising the collection of motor vehicle registration taxes for the then Department of Revenues at the erstwhile Ministry of Finance, Liberia.

The Comptroller and Accountant General have also contributed to the democratic development of Liberia through the administration of Transitional justice at the country’s Truth and Reconciliation Commission (TRC). At the TRC, Atty. Kowo served as the Deputy Coordinator for Montserrado County spearheading the collection and documentation of statements and records about the country’s civil conflict.

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The Comptroller and Accountant General’s Department (CAGD) was established in March 2020 with the passage of the Amended and Restated PFM Act (2019), which was signed by the President of the Republic, His Excellency Dr. George Manneh Weah. This critical reform, which has been in the making for years, was done under the Donor Supported Public Financial Management Reforms Initiative of the Government of Liberia (GoL).

The Department is responsible for government accounting and treasury functions in accordance with the Public Financial Management Act and Regulations (2009), along with its Amendment and Restatement (2019), and other enactments required by law. The CAGD is responsible for initiating, formulating, and coordinating policy for the management of public funds and assets. The Department receives, pays, safeguards, and reports on the receipt and usage of all public funds on behalf of the government.

The Comptroller and Accountant General (CAG) heads the Department and reports to the Minister of Finance. The CAG advises ministries and agencies to ensure the effective implementation of accounting instructions. In line with the International Public Sector Accounting Standards (IPSASs) and with a consultation with the Auditor-General, the Department produces treasury and accounting instructions outlining the basis, policies, classification systems, chart of accounts, and the reporting format to be used in accounting for public funds by all government institutions. The Department is also responsible for producing quarterly and annual reports on consolidated fund accounts, annual government agency accounts, and annual public accounts for the attention of the Minister of Finance and Auditor-General.

For performing the above functions, the Comptroller and Accountant General’s Department consists of the following units :1. Accounting Services Unit (ASU)2. Treasury Services Unit (TSU3. Financial Reporting and Reconciliation Unit (FRRU)4. Technical Services Unit (TU)5. Physical Audit Unit (PAU)6. Inspectorate Unit (IU)7. Mobile Money Unit (MMU)8. IFMIS Unit (IFMISU)9. Public Financial Management Unit (PFMU)

Monrovia, Liberia - Hon. Minister Samuel D. Tweah,Jr. as you celebrate another birth Anniversary on today, May 6, the Deputy and Assistant Ministers, Directors and Staff of the Ministry of Finance and Development Planning

Monrovia, Liberia - The Government of Liberia has commenced the first phase of the payment of retirement handshake packages to retired civil servants, who served in Montserrado and Margibi Counties, at the Ministerial Complex in Congo Town, Monrovia, under strict social distancing and other health guidelines for the prevention of transmission of COVID-19.

Monrovia, Liberia - Today, as the holy month of Ramadan commences, I pray that those who are observing this sacred time find comfort and reassurance in their faith. On behalf of the MFDP, I wish you the opportunity to renew and strengthen your faith through rigorous fasting, devout prayer, and reflective meditation, reading the Quran, and charitable deeds. May it bring us good health, prosperity, and peace during this period of COVID-19 Pandemic.

Ramadan Kareem

Monrovia, Liberia - The Government of Liberia wishes to formally announce that since February 2020, approximately 2,154 employees from 14 entities of the Government of Liberia (GoL) were retired after reaching the age of retirement, consistent with the New Social Security Law of 2017. A program to honor the retired employees was planned for early April 2020 but had to be canceled due to the prevailing health emergency in the country.

Monrovia, Liberia - The Government of Liberia has expressed profound gratitude to the International Monetary Fund for the debt service relief provided her.

- As Agriculture Minister Lauds the Wisdom and Commitment of Min. Tweah

The Government of Liberia and Afriland Bank have signed a Cash Collateral Guarantee Agreement valued at US$ 700,000, to enhance rice production, processing, and distribution to ensure food security in the country.

Monrovia, Liberia - Liberia's Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr. has disclosed that the World Bank is expected to provide US$15 million under contingency fund to aid Liberia in its fight against the COVID-19 pandemic.

Monrovia, Liberia - The Government of Liberia and World Bank have signed a financing agreement totaling US$ 40 million dollars as direct budgetary support for FY2019/2020.

Monrovia, Liberia - Liberia’s Finance and Development Planning Minister Hon. Samuel D. Tweah Jr., on Friday, March 13, 2020, carried out an in-house touring of departments/units within the Ministry of Finance and Development Planning.

Monrovia, Liberia - The Government of Liberia has issued administrative control measures intended to reduce growth in its wage bill, as well as to ensure efficiency in the allocation of the National Budget.

Monrovia, Liberia - Liberia’s Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr, says the World Bank Sustainable Management of the Fisheries Project for Liberia (LSMF) will yield enormous economic benefits for the country in alignment with the Pro-Poor Agenda for Prosperity and Development (PAPD).

Monrovia, Liberia - On 4th March 2020, Hon. Samuel D. Tweah, Jr, Minister of Finance and Development Planning and APRM Focal Point, received a technical support mission on the APRM Liberia Process led by the APRM Continental Secretariat CEO, Prof.Eddy Maloka. The technical briefing which was requested by the Government of the Republic of Liberia was aimed at discussing the roadmap to the Peer Review of the Liberia Country Review Report by African Heads of State and Government.

Assistant Minister for Development Planning at the Ministry of Finance and Development Planning, Hon. Benedict Kolubah has presented the country’s report on ECOWAS Post Visioning and Consultation.

Hon. Orison M. Amu and Hon Samuel D. Tweah Jr signed Financing Agreement for Renewable Energy Electricity in Liberia .

Monrovia, Liberia - The Government of Liberia and the African Development Bank (AfDB) have signed Financing Agreements for two Projects valued over US$33 million. The two projects are the “Renewable Energy for Electrification of Liberia (REEL Project) and Support to Investment Promotion Agencies in Transition Countries”.

Monrovia, Liberia - Liberia’s Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr, has assured Liberians that beginning this year (2020), the country will begin to experience recovery and prosperity. He also expressed optimism about increased prospects in the years ahead.

The Ministry of Finance and Development Planning under the able leadership of Minister Samuel D. Tweah, Jr. along with his team of Deputy and Assistant Ministers, as well as, the entire workforce of the Ministry conveys messages of best wishes during this Christmas Season and a prosperous 2020 to H.E President George M. Weah, Vice President Hon. Jewel Howard-Taylor, the First Lady Madam Clar M. Weah, members of the Cabinet, the Speaker, the Pro Tempore of the Senate, and Members of the 54th National Legislature, the Chief Justice and Associate Justices of the Supreme Court, Members of the Diplomatic Corps, and every Liberian citizen and foreign nationals across the length and breadth of the country.

I extend profound thanks and appreciation to the newly elected leadership of the Press Union of Liberia for selecting me to be the keynote speaker at this Induction ceremony. Delivering a speech at a PUL event has to be a very difficult and delicate business, if only because you have almost the entire media in rapt attendance. You’ve got to be careful about what you say during these occasions!

Monrovia, Liberia - The Government of Liberia through the Integrated Public Financial Management Reform Project at the Ministry of Finance and Development Planning, and with support from the African Development Bank (AfDB), Saturday, December 14, 2019, climaxed six days of training for nineteen Civil Society Organizations in Public Financial Management.

The Economic Community of West African States (ECOWAS), through its national office in Liberia, and in collaboration with the Ministry of Finance and Development Planning has climaxed two days of National Stakeholders Consultations on ECOWAS post-2020 vision in Devos Village, Tewor District, Grand Cape Mount County.

On December 11, 2019, the Executive Board of the International Monetary Fund (IMF) approved a four-year arrangement under the Extended Credit Facility (ECF) for Liberia in an amount equivalent to SDR 155 million (60 percent of quota or about US$ 213.6 million) to help the country restore macroeconomic stability, provide a foundation for sustainable growth, and addressing weaknesses in governance.

Liberia delegation at the summit

Hon. Augustus J. Flomo, Deputy Minister for Economic Management at the Ministry of Finance and Development Planning believes that the agriculture value chain will enhance job creation, economic expansion, as well as ensuring the domestic revenue capacity of each country.

Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr. marking remark at the Launch ceremony.

Monrovia, Liberia - Liberia’s Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr. has underscored the importance of public financial management reforms in enhancing accountability and transparency in the governance structure of Liberia.

Monrovia, Liberia - The Government of Liberia and the International Bank for Agricultural Development (IFAD) through the World Bank, Thursday, November 21, 2019, signed a $23 million United States Dollars Financing Agreement to boost cocoa production in the country.

Monrovia, Liberia - About twenty women from Lofa, Gbarpolu, Margibi, Nimba, Montserrado, Bong and Grand Bassa Counties on Thursday, November 14, 2019, are benefitting from the African Capacity Building Foundation (ACBF) Phase Two training in Women Entrepreneurs Empowerment (WEE). The training is initiated by the Liberia Macro-Economic Policy Analysis Center (LIMPAC) at the Ministry of Finance and Development Planning.

The administration of the Ministry of Finance & Development Planning wishes to inform all vendors of government that as of December 15, 2019, all payments will be made via Mobile Money.

Monrovia, Liberia - Hon. Tanneh G. Brunson, Liberia’s Deputy Minister for Budget and Development Planning at the Ministry of Finance and Development Planning has expressed gratitude to European Union, Swedish Government and UN Women for their support through the Spotlight Initiative Project to the country’s Gender Response Planning Budgeting and Coordination Unit (GRPB).

Honorable Samora P.Z. Wolokolie,

Monrovia, Liberia - Honorable Samora P.Z. Wolokolie, Deputy Minister for Fiscal Affairs at the Ministry of Finance and Development Planning has said the Government of President Dr. George M. Weah is fully committed to improving the lives of Liberian Youth under the Pro-Poor Agenda for Prosperity and Development (PAPD).

Monrovia, Liberia - The Ministry of Finance and Development Planning (MFDP) reminds all civil servants and employees across the Government of Liberia, that the National Identification Number is a mandatory requirement for receiving compensation from the Government.

Washington DC, U.S.A - The Government of Liberia has signed two financing agreements for the reconstruction of the Ganta-Tappita highway, and the Konia-Voinjama highway projects.

Monrovia, Liberia - The Government of Liberia has brought up to date the salaries of 15,000 public school teachers with bank account numbers and unique biometric identification numbers issued by the National Identification Registry.

Monrovia, Liberia - The Ministry of Finance and Development Planning clarifies that the government has already paid the salaries of fifteen thousand (15,000) non-MCSS teachers for the month of August, and is now processing their September pay.

Monrovia, Liberia - Liberia’s Finance and Development Planning Minister and Chairman of the Board of Directors of the Liberia Institute of Statistics and Geo-Information Services (LISGIS), Hon. Samuel D. Tweah, Jr., has encouraged government’s officials and institutions to collectively own the upcoming 2021 National Population and Housing Census (NPHC) process.

The Minister of Finance and Development Planning Hon. Samuel D. Tweah, Jr., Deputy & Assistant Ministers and Employees extend sincere best wishes to his Excellency Dr, George Manneh Weah, on the occasion marking his 53rd Birth Anniversary.

Monrovia, Liberia - Contrary to reports from certain media outlets, AMP Terminals Liberia Ltd. has informed the Government that its charges have not been raised.

Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning announces that United States Dollars and Liberian Dollars checks for employees of John F. Kennedy Memorial Hospital have been issued for disbursement.

Buchanan, Grand Bassa County - The Government of Liberia with support from the African Development Bank Country office, concluded two days of financial reporting training in International Public Sector Accounting Standard for Comptrollers and Accountants across government spending entities in the country in Buchanan City, Grand Bassa County.

Monrovia, Liberia - Liberia’s Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr., says the Public Financial Management program of the country is on the right path. Minister Tweah made the disclosure at the signing of the Financing Agreement of the Public Financial Management Reform for Institution Strengthening Project (PFMRISP), held Wednesday, August 28, 2019 between the Government of Liberia and the World Bank.

The PFMRIS Project is financed through an International Development Association grant of US$19million equivalent.

The five-year Project was formally approved by the World Bank Board on July 16, 2019. According to the Agreement, the PFMRISP has five components, which include: Enhancing Domestic Resources Mobilization Sources and Systems, Stabilizing and Strengthening Financial Controls and Performance, as well as Improving Oversight and Public Sector Capacity. Other components of the Project are Improving Upstream and Downstream PFM Systems, and Project Management.

Hon. Tweah told the gathering that two effective conditions set forth in the Financing Agreement have been fulfilled by the Ministry of Finance and Development Planning. He named the conditions as the setting up of a Project Management Unit and the preparation and adoption of the Project Implementation Manual.

The Finance Minister revealed that the Government of Liberia is making significant effort in fulfilling the disbursement conditions categories 2 and 4 of the Financing Agreement.

Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning, and the World Food Programme, Tuesday August 27, 2019 signed the World Food Programme’s Country Strategic Plan (CSP) for the period 2019 to 2023

Eid Al Adha Mubarak to all our Muslim brothers and sisters at the Ministry of Finance and Development Planning in commemorating the sacrifice made by Abraham in obedience to Allah's command.

Monrovia, Liberia - The Ministry of Finance and Development Planning through its Department of Economic Management on Friday August 9, 2019 received 15 computers including computers tablets and printers from the African Development Bank (AFDB).

The Government of Liberia and the Ecowas Bank for Investment and Development on Tuesday July 30, 2019, signed a loan agreement for the pavement of Liberia’s southeastern road. 

Ganta, Nimba County - A four-day result-based management, planning, monitoring and reporting training for Regional Development Officers and County Monitoring Officers climaxed Thursday, July 25, 2015 in Gompa City, Nimba County. 

The Minister, Deputy and Assistant Ministers and Staff of the Ministry of Finance and Development Planning wish, on this festive occasion of the 172nd Independence Anniversary of the Republic of Liberia, to extend sincere Congratulations and Felicitations to His Excellency the President of Liberia, Dr. George Manneh Weah, the First Lady, Madam Clar M.Weah, the Vice President , Her Excellency Madam Jewel Howard Taylor, the Speaker and Members of the Honorable House of Representatives, the President Pro-Tempore and Members of the Senate, the Chief Justice, Associate Justices of the Supreme Court of Liberia and the Judiciary, the Dean and Members of the Cabinet, the Chairpersons and members of the Boards of Directors of the State–Owned Enterprises and the entire people of the Republic of Liberia.

Hon. samuel D. Tweah Jr. sign IDA Grant agreement with Liberia World Bank Country Director Hon.Pierre Laporte

Monrovia, Liberia - The Government of Liberia represented by Finance and Development Planning Minister Samuel D. Tweah Jr., and the World Bank thru its Liberia’s Country Director, Pierre Laporte, on Friday July 19, 2019, signed a grant financing agreement for Improving Results in Secondary Education (IRISE) Project.

Assistant Minister for Development Planning, Hon. Benedict Kolubah respond to Journalists at the Close of working session

Buchanan , Grand Bassa County - A four-days Pro-Poor Agenda for Prosperity and Development Indicators and Data collection Tools validation workshop climaxed Friday, July 5, 2019, in Buchanan City Grand Bassa County.

Monrovia, Liberia - The Non-State Actor (NSA) Secretariat at the Ministry of Finance and Development Planning has donated twenty-five (25) laptops to some Civil Society Organizations (CSOs) working in the country’s Public Financial Management.

Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr. shake hand with Mika Saito-Deputy Division Chief Western II Division of IMF

Monrovia, Liberia - Liberia’s Finance and Development Planning Minister Hon. Samuel D. Tweah Jr., has assured delegation from the International Monetary Fund (IMF), that the Government of Liberia is committed to credible budget execution during fiscal year 2019/2020.

The Government of Liberia represented by the Ministry of Finance and Development Planning and the African Development Bank has signed two grant agreements to support the country’s agriculture and tourism sectors.

Salt Lake City (Globe Newswire) -- Overstock.com, Inc. (Nasdaq:OSTK) announced that Medici Land Governance (MLG), its blockchain subsidiary focused on land administration, has signed a Memorandum of Understanding (MOU) with Liberia’s Ministry of Finance and Development Planning. The MOU will lead to a pro bono pilot project exploring the potential for the digitization of existing government services and the development of e-government platforms in the African country.

Monrovia, Liberia - Eid Mubarak!!! The Senior Management Team of the Ministry of Finance and Development Planning headed by Hon. Samuel D. Tweah, Jr. and the entire workforce of the Ministry wish all our Muslim brothers and sisters a Happy Eid-al-Fitr (End of Ramadan).

Hon. Augustus J. Flomo, Ministry of Finance and Develop Planning’s Deputy Minister for Economic Management, has told the ACP-EU Private Sector Forum that private sector growth is cardinal to Liberia’s domestic revenue generation.

Mr. James M. Tokpawhiea, Director Internal Programs Coordination Unit making remarks during the program.

Presented By Mr. James M. Tokpawhiea
Director Internal Programs Coordination Unit
Millennium Guest House
Oldest Congo Town
Monrovia, Liberia
May 17, 2019

The Hon. Samuel D Tweah, Minister of Finance & Development Planning, officials of government present here, our International Partners, Civil Society Actors, members of the Fourth Estate, distinguished colleagues, ladies and gentlemen.

Minister Tweah speaking at the 22nd Session of the Intergovernmental Committee of Experts of West Africa

Harbel, Margibi County - Liberia’s Finance and Development Planning Minister Hon. Samuel D. Tweah Jr., says sustainability in Africa’s agriculture sector is critical for economic growth and development. He said huge investment in agriculture and infrastructure are cardinal in sustaining economic growth.

Harbel, Margibi County - The 22nd Session of the Intergovernmental Committee of Experts (ICE) of West Africa commenced Monday May 6, 2019, in Robertsfield, Margibi County.

Monrovia, Liberia - The Ministry of Finance and Development Planning Wednesday May 1, 2019 signed an agreement known as the Legal Power Attorney, with two institutions namely; Guaranty Trust Bank Liberia Limited, and the Liberia Cement Corporation to initialize a credit-loan scheme for employees.

Monrovia, Liberia - The 22nd Session of the Intergovernmental Committee of Experts (ICE) of West Africa is expected to be held in Monrovia, Liberia from May 8-10, 2019. The ICE is a body established by the United Nations General Assembly.

UN Women-Liberia Country Representative, Madam Marie Goreth Nizigama and Deputy Minister for Budget and Development Planning, Hon. Tanneh G. Brunson Signs Letter of Agreement for Support to the Gender Responsive Planning and Budgeting (GRPB) Initiatives

Monrovia, Liberia - The Government of Liberia, through the Ministry of Finance and Development Planning (MFDP), on Tuesday, April 30, 2019, signed a Letter of Agreement (LoA) with United Nations Women (UN Women), to support the national Gender Responsive Planning and Budgeting Coordination Units (GRPB) initiatives in agencies of government through the National Gender Responsive Planning and Budgeting Coordination Unit, recently established at MFDP.

Kakata, Margibi - A three-day aid policies and standard operational procedures manual validation workshop climaxed Friday, April 26, 2019, in Kakata, Margibi County.

IMF/ WB Spring Meeting, in Washington D.C. the United States of America.

Washington D.C. - Liberia’s Finance and Development Planning Minister Samuel D. Tweah Jr., along with other officials of government has rallied for support on behalf of the Government of Liberia at the recent IMF/ WB Spring Meeting, in Washington D.C. the United States of America.

Deputy Minister for Administration Hon. Rebecca McGill making remarks during the opening session.

Buchanan City, Grand Bassa County - A three-day workshop for profound technical deliberations leading to the formulation of 2019-2023 Strategic Plan of the Ministry of Finance and Development Planning under the theme "Efficient and Effective Service Delivery" has kicked-off today, April 3, at the Buchanan City Hall in Buchanan City, Grand Bassa County.

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James Dorbor Na-kulah Sao, Sr. is a public sector professional, with years of experience in both the public and private sectors. As Assistant Minister for Economic Policy, Macroeconomic and Financial Sector Division, he is responsible for formulating and evaluating economic policies that inform the country’s economic transformation agenda.

Experience & Contribution to Society Minister Sao has taught in higher educational institutions, particularly in the Business and Public Administration College at Cuttington University Undergraduate Program for over four years as a Lecturer. While at Cuttington, he served in other positions, including Administrative Assistant to the Vice President for Administration, Manager Seth C. Edwards Multipurpose Cafeteria, and Director for Procurement and Supply Services.

At the Ministry of Agriculture, Minister. Sao served as Director for Communication, responsible for imaging and communicating the activities of the Ministry and its projects under the PMU. Hon. Sao also worked at the Central Agricultural Research Institute as Head for Planning, Monitoring, and Evaluation before joining the PMU IFAD Tree Crop Extension Project as Communication Specialist. In the position as head of Planning and M&E, he was responsible for planning all research activities with the scientists, monitoring the implementation and carry out the periodic evaluation, and made recommendations to management.

He is the Board Chair for the New Life Foundation High School in Phebe Bong County, Secretary-General for Alpha Phi Alpha Eta Epsilon Lamda Chapter, an Elder in the Temple of Praise Bethel World International Ministries-Phebe Branch, a farmer with so much interest in investing in the soil, teacher, mentor, father-married with three children and the CEO for the Bong Communication Service Inc. He has several years of work experience with NGOs, Including ACF, Catholic Relief Services, CARITAS-Gbarnga, Oxfam GB, to name a few.

Currently, Honorable Sao is the President of the Alumni Association of Phebe Community Lutheran High School. He has been involved with policy formulation processes at most of the institutions he worked for, which economically benefited those institutions.

Minister Barcon Vah, Assistant Minister for External Resources and Debt Management of the Ministry of Finance and Development Planning. My core responsibilities are to coordinates all aid and debt-related matters: Driving the establishment of effective policies and procedures for the management of donor funding in Liberia, increasing the coherence of aid mobilization, negotiating and coordinating frameworks necessary for effective debt management and aid flow to Liberia in line with internationally accepted best practices.

I am a devoted public servant and a politician with 15 years of experience in the public sector.

In 2006 – 2013, I served as Senior Revenue An analyst in the office of the Commissioner of Revenue, and later became Auditor, Audit Supervisor, Senior Inspector, and Revenue Agent in the Department of Revenue, Ministry of finance 2014 – 2017, Senior Revenue Agent, and later Senior Compliance Officer, Liberia Revenue Authority (LRA).

International FunctionRepresented the Government of Liberia through the Ministry of Finance and Development Planning at the G7+ High-Level Ministerial Meeting in Lisbon, Portugal; and the Global Partnership for Effective Development Cooperation (GPEDC) High-Level Meeting at the United Nations Headquarters in New York, USA.

Educational BackgroundAssistant Minister Vah, MSc Candidate in Financial Management Services at the University of Saltford, UK; ongoing program and he Holds Bachelor in Business Administration (BBA) Degree in Accounting from the University of Liberia and Associate Degree (AA) in Economics.

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.The Department of Economic Management is responsible for formulating and monitoring the Country's economic policies and programs. It is the principal adviser to Government of Liberia on economic policy, and drives the country’s flagship development agenda the Pro-Poor Agenda for Prosperity and Development. The department also deals with all matters relating to debt management and external resource mobilization which include external debt and foreign aid, and relations with bilateral and multilateral financial institutions.

The Economic Management Department is the nodal department dealing with the Central Bank of Liberia on macroeconomic policies. The department also deals with matters concerning financial sector policies including banking, insurance and capital markets. The Department has two Divisions: Economic Policy Macroeconomic and Financial Sector Division, and External Resources and Debt Management.

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Monrovia, Liberia - The Micro Small and Medium Enterprise and Rural Finance Post Ebola Reconstruction Project have been extended from 3 to 5 years, the Ministry of Finance and Development Planning says.

Director for Agency for France Development, Hon. Emmanuel Debroise and Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr

Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning (MFDP), and the Republic of France through the Agencies France Development (AFD), Wednesday, March 27, 2019 signed a 5 million euros grant agreement towards enhancing support for youth employment in Liberia.

Minister Tweah making remarks at the official launch of the process leading to the formulation of the Ministry’s Strategic Plan for 2019.

Monrovia, Liberia - The Minister of Finance and Development Planning, Hon. Samuel D. Tweah Jr., says Human Capital Development is a major priority under the Pro Poor Agenda for Prosperity and Development. He stressed that this will be reflected in the MFDP’s new strategic plan.

Hon. Benedict Kolubah is a trained and well experienced development practitioner who understands the current trend of development in Liberia amidst the regional and global agendas (Agenda 2063 and SDGs 2030) and an appreciable knowledge of development planning in fragile states. He has experience in strategic and programmatic budgeting, program development, and funding negotiation with development partners.

Assistant Minister Kolubah has served as Pillar Specialist for the Economic Transformation Pillar of the Agenda for Transformation, the past medium term development plan of Liberia, as well as Acting Assistant Director for Plan, Development and Coordination Unit in the Ministry of Finance and Development Planning. In these roles, he enhanced coordination by strengthening inter-sectorial collaboration working with key stakeholders (MACs, Development Partners, CSO, and Private Sector), and liaised with Budget, M&E and Aid Management to ensure pillar gets the support to implement planned interventions and also with the County Development Steering Committees to collect and collate implementation report from the counties.

Hon. Kolubah started his career as the founder and Executive Director for the Lofa Educational and Agricultural foundation (LEAF), a National Non-government Organization that provided emergency agriculture Assistance to International displaced people in bong county during the civil crisis from 2001-2004. When he served as County Coordinator for Lofa Land Commission of Liberia, he coordinated the work of the county system partners and services providers as well as local authorities intervening in the land sector and served as the main point of contact for local communities and government representatives. Additionally, he has served as Senior Sector Analyst (Economic Growth Corridor Study).

In 2011, he provided consultancy for UNICEF in conducting the Liberia Micro Nutrient Survey. He has served UNFAO as individual consultant and conducted mapping exercise of the main actors in tenure governance in Liberia in the areas of land, fisheries and forests and their initiatives, roles and contributions to improving tenure governance under the principles of the Voluntary Guidelines for Responsible Governance Tenure-VGGT

Assistant Minister Kolubah holds a Master of Arts (MA) Degree in Peace and Development Studies from the Kofi Annan Institute of Conflict Transformation (KAICT), University of Liberia, and a Bachelor of Arts (honors) in Sociology, from the A. M. E. Zion University, Monrovia. He has had specialized trainings in Project Engineering by the ECOWAS Commission-Abidjan, Diplomatic Studies, Development Management, Proposals Design, Development and Project Management and M&E both nationally and internationally.

The General Administrative Services Unit is the largest unit within the Department of Budget and Development Planning. The Unit coordinates budget preparation, collation and implementation by spending entities in the various sectors under the unit. The Unit receives budget formulation guidelines from the Budget Policy and Coordination Unit and passes them on to the spending entities in the various sectors and assists them to prepare their budget estimates in conformity with the agreed resource ceilings.

Social Development & Community Services Unit The Social and Community Services Unit within the Department of Budget, Ministry of Finance and Development Planning is comprised of three sectors- Health, Education and Social Development Sectors. There are 37-line ministries and agencies within the unit with the Ministry of Health, Ministry of Education and Ministry of Gender Children and Social Protection as lead ministries in the Health, Education and Social Development Sectors respectively. The Unit is supervised by a director and two assistant directors with a host of senior and staff analysts.

Health SectorThe primary goal of the Health Sector is to promote quality health services and reduced the incidence of preventable diseases throughout the country. The Ministry of Health is the Lead Ministry in the Health Sector with a total of 11 spending ministries and agencies. The Ministries and agencies include the Ministry of Health, John F. Kennedy Medical Hospital, Phebe Hospital, Liberia Board of Nursing and Midwifery(LBNM), Liberia Pharmacy Board(LPB), Liberia Medical and Dental Counsel (LMDC), Liberia College of Physicians and Surgeons (LCPS), Liberia Medical and Health Products Regulatory Authority (LMPHRA), National Aids Commission (NAC), Jackson F. Doe Memorial Hospital and National Public Health Institute of Liberia (NPHIL). The Health Sector which is an important component of the Social and Community Services Unit is supervised by an Assistant director with one senior budget officer and three budget officers as analysts.

Education SectorThe education sector is an essential sector in the Social and Community Service Unit and Department of Budget. The paramount goal of the sector is to ensure equal access to a high quality, free compulsory basic education and training opportunities that will lead to an improved livelihood of the citizenry. The sector consists of twenty (20) spending entities with the Ministry of Education Serving as the lead Ministry. The spending entities within the Sector are Ministry of Education, University of Liberia, Monrovia Consolidated School System, Booker Washington Institute, Cuttington University College, National Commission on Higher Education, William Tubman University, West African Examination Council, Agricultural and Industrial Training Bureau, Zorzor Rural Teacher Training Institute, Webbo Rural Teacher Training Institute, Kakata Rural Teacher Training Institute, Bassa County Community College, Bomi County Community College, Nimba Community College, Lofa Community College,Bong Community College, Grand Gedeh Community College, Harbel College, Sinoe Community College. The Education Sector within the Social and Community Services Unit is supervised by an assistant director with one senior budget officer, two budget officers as analysts and a staff assistant respectively.

Social Development SectorSector Goal: The overarching goal of the Social Development Sector within the Social and Community Service Unit, Department of Budget is to ensure the provision of basic social services to all Liberians including people with disabilities, women, children, youth, refugees and veterans. The Ministry of Gender Children and Social Protection (MoGCSP) is the Lead Ministry in the sector. The Sector has a total of 6 line ministries and agencies including the Ministry of Youth and Sports (MYS), Liberia Refugee Repatriation and Resettlement Commission (LRRRC), National Commission on Disabilities (NCD), National Veterans Bureau (NVB), Liberia Agency for Community Empowerment (LACE) and the Ministry of Gender, Children and Social Protection (MoGCSP). The Social Development Sector is supervised currently by the assistant director for Health follow by one senior budget officer and one budget officer as principal analysts.

The Economic Services Unit (ESU) whose objective is to transform the economy in order to meet the employable needs of the citizens by investing in infrastructure, agriculture, energy and the domestic private sector for economic growth encompasses four sectors namely: Agriculture, Energy & Environment, Commerce & Industry and Infrastructure & Basic Services.

The ESU works with twenty-nine (29) spending entities by ensuring the preparation, formulation, execution and monitoring and evaluation of their Medium-Term Expenditure Framework (MTEF) budgets. The budgets are formulated on a multi-year basis by ensuring that spending entities’ budgets are aligned to the policy priorities of the Government within a resource constraint environment. The policy priorities are enshrined in the overarching National Vision, The Agenda for Transformation (AfT) then and now the Pro-Poor Agenda for Prosperity and Development (PAPD) and can be met through a sustained increase in investment over the medium-term.

The unit performs its functions in the frame of assisting spending entities develop their medium term budgets, exercise due diligence over their budgets, review their expenditure requests and issuance of allotments and participates in the basic funding analysis which dovetail into the indicative ceilings for the spending entities.

The ESU accounts for 14.8 per cent of the National Budget which translates into US$84,613,242 as its original or approved budget.

Presently, the Unit is staffed with the following personnel: a Director, two Assistant Directors, two Senior Budget Officers, three Budget Officers and two Staff Assistants who are currently performing their tasks and responsibilities in the Unit.

Coming Soon.

7th steering committee of the African Regional Technical Assistance Center (AFRITAC) in West Africa post for a photo.

Monrovia, Liberia - Liberia’s Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr., has acknowledged the role of the African Regional Technical Assistance Center (AFRITAC) West 2 in strengthening domestic revenue mobilization including technical support the center provided during the Ebola Crisis in Liberia.

Monrovia, Liberia - The 7th steering committee of the African Regional Technical Assistance Center (AFRITAC) in West Africa gets underway Tuesday, March 19, 2019 at the Mamba Point Hotel in Monrovia.

Kuwaiti Fund for ARAB Economic Development and the Government of Liberia Signing a Loan Agreement

Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning, and the Kuwaiti Fund for Arab Economic Development have signed another loan agreement in the amount of Six Million Kuwaiti dena (KWD 6,000,000.00), approximately Twenty-million United States dollars (US$20,000.000.00).

Monrovia, Liberia - Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr., has expressed his vision and determination for what he referred to as ”the most gender-sensitive budget in Liberia’s history” beginning 2019/2020 budget year.

Monrovia, Liberia - Liberia’s Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr., says he will never engage in any fraudulent activities against Liberia, denying wrongdoings in the recent mop-up exercise which was geared towards stabilizing the Liberian dollars depreciation against the United States dollars.

Hon. Flomo discussing with Bank’s President Akinwumi Adesuni

Abidjan, Ivory Coast. - Deputy Minister for Economic Management and Alternate Governor at the African Development Bank, Hon. Augustus J. Flomo attended Monday, February 25, the Bank’s West African Region Board Meeting in Abidjan, Ivory Coast.

Participants at the workshop.

Monrovia, Liberia - The Government of Liberia represented by the Ministry of Finance and Development Planning, and the Liberia Revenue Authority in collaboration with the United States Agency for International Development (USAID) have brainstormed on amendments made to the revised excise law passed by the legislature.

Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr making opening remark at the SCPZ meeting.

Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning Tuesday held advanced talks with development partners and other agencies of government for the potential growth and development of the Special Economic Zones (SEZ) / Staple Crops Processing Zone (SCPZ).

Hon. Augustus J. Flomo, Deputy Minister of Economic Management making remarks during the program.

Monrovia, Liberia - A Three-day workshop to enhance effectiveness of development cooperation and delivery system has ended in Monrovia.

Ganta, Nimba - Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr., has expressed the need for practical approach to be taken in order to enhance growth and development in the business sector.

Monrovia, Liberia - Liberia‘s Finance and Development Planning Minister, Hon. Samuel D. Tweah, Jr., speaking at the opening of the 9th Annual ROAC-FED regional meeting when he assumed on behalf of Liberia the Presidency of the Network of National Authorizing Officers Support Unit in West Africa of the European Development Fund (ROAC-FED) has pledged to continue the great work that has already been started.

Monrovia, Liberia - The Liberian Government through the Ministry of Finance and Development Planning (MFDP) will this week host the 9th ROAC-FED Regional Meeting of the West Africa Regional Network of National Authorizing Offices of the European Development Fund.

Minister Tweah

Brussels, Belgium - Liberia’s Finance and Development Planning Minister Hon. Samuel D. Tweah, Jr., serving as a panelist on Wednesday, January 9 at the ECR Africa Summit held at the European Parliament in Brussels, has emphasized that an elevated private sector in Africa will serve as an engine of growth and productivity that will be able to address deficiency in the continent’s infrastructure.

Liberia Macroeconomic Policy Analysis Center

Monrovia, Liberia - The Executive Director of the Liberia Macroeconomic Policy Analysis Center (LIMPAC) at the Ministry of Finance and Development Planning, Mr. Del-Francis Wreh was invited to serve as a keynote speaker and an implementing partner and sponsor to the Hult Prize program held at the auditorium on the campus of the University of Liberia. The Hult Prize is a platform that centers on youth empowerment and brings together students to compete globally by showcasing their innovative skills.

Hon. Tweah making remaks during the Business Climate Stakeholders Forum

Monrovia, Liberia - Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr., says the involvement of the private sector is keen in the socio-economic development of Liberia, under the Pro-Poor Agenda for Prosperity and Development.

Deputy Minister of Economic Management making remarks during the press conference.

Monrovia, Liberia - It has been noticed that the FrontPage Africa (FPA) Newspaper is in the habit of releasing false information into the public space through its publication with the intent to bring the government of Liberia to public ridicule.

Minister Tweah Signing the US$3.1million Grant Agreement

Monrovia, Liberia - The governments of Liberia and Iceland Friday, December 14, signed a US$3.1million Grant Agreement to support Liberia’s fisheries sector.

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Monrovia, Liberia - The Government of Liberia and the ECOWAS Bank for Investment and Development had sign loan agreement in the tone of 100M United State Dollar for the construction of coastal Highway road project.

The African Peer Review Mechanism (APRM) was effectively established by the Abuja Declaration on 9th March 2003 as an instrument for the review of political, economic, corporate governance and socio-economic development, in any of the African Union member states that voluntarily accede to the mechanism. In 2016, the APRM Statute provisionally came to force, and under Article 2, effectively established the mechanism as a Specialized Agency within the African Union.

The APRM has the mandate to promote and facilitate self-monitoring by the Participating States, and to ensure that their policies and practices conform to the agreed political, economic, corporate governance and socio-economic values, codes and standards contained in the Declaration on Democracy, Political, Economic and Corporate Governance; and the African Charter on Democracy, Elections and Governance, as well as other relevant treaties, conventions and instruments adopted by Participating States whether through the African Union or through other international platforms.

In the implementation of its mandate, the APRM has the primary purpose of fostering the adoption of policies, standards, and practices that lead to political stability, high economic growth, sustainable and inclusive development, as well as accelerated regional and continental economic integration, through sharing of experiences and reinforcement of successful and best practices.

As of January 2017, 36 countries of the African Union had acceded to the APRM. The Republic of Liberia is the 22nd of the 36 to undertake a first Country Review.

The African Peer Review Mechanism (APRM) is a self-monitoring instrument voluntarily acceded to by member states of the African Union, meant to help the African States create a conducive environment for development; It fosters the adoption of policies, standards, and practices that lead to political stability, high economic growth, sustainable development and accelerated sub-regional and continental economic integration through sharing of experiences and; It is also meant to reinforce successful and best practices, including identifying deficiencies in bid to address them.As Africa entered a new millennium, it was faced with different development challenges including conflicts, institutional decay, leadership and managerial deficit, gender inequality, endemic corruption, and economic mismanagement.

Finance Minister Hon Samuel D. Tweah Jr signing on behalf of the Government of Liberia US 21.5million to extend Electricity Grid in Monrovia.

Monrovia, Liberia - The Government of Liberia and the European Union have signed a grant agreement in the amount of 18.9 million Euros (approximately US $21.5 million) for Lot Two of the Consolidation of Monrovia Electricity Distribution Project.

Monrovia, Liberia - The Governments of Liberia and the Federal Republic of Germany are to shortly sign a 15,000,000 million Euros grant to strengthen Liberia’s health sector.

Deputy Minister for Fiscal Affairs at the Ministry of Finance and Development Planning, Hon. Samora P.Z. Wolokolie, Tuesday, November 27, 2018 presented on Liberia’s Domestic Resource Mobilization Strategy for the period 2018 to 2022 at the Addis Tax Initiative Meeting in the French capital, Paris.

Monrovia, Liberia - The Government of France through the Agency for French Development (AFD) has signed a Memorandum of Understanding with the Government of Liberia which commits the French support to the flagship development agenda of President George M. Weah dubbed the Pro-poor Agenda for Prosperity and Development.

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A key focus of the new Ministry of Finance and Development Planning is to continue ongoing work around public sector financial management reform. The Public Financial Management (PFM) sector, like many others, suffered a severe decline during the civil crisis as transparency and accountability in the use of public resources became almost nonexistent. Most of the PFM institutions collapsed, systems failed, and human capacity deteriorated culminating in a situation in which there was a near-complete absence of procedures in the application of public resources. With assistance from our development partners, the Government enacted the PFM Act in 2009 to strengthen greater transparency and accountability around public resources.

A PFM Steering Committee (SC) is in place and responsible for strategic oversight of the reform program. It provides policy coordination and serves as the forum for resolving strategic issues impeding or attending program implementation. It is chaired by the Minister of Finance and Development Planning and includes the Minister of Justice, Minister of Internal Affairs, Minister of State for Presidential Affairs, Director General of the Civil Service Agency, the Auditor General, General Auditing Commission (GAC), and Executive Director General, Public Procurement. The committee meets quarterly.

The Project Technical Committee (PTC), is the forum where all Component Managers provide status updates on the implementation of their program activities. Theme Leads are selected by the respective beneficiary departments or agencies for each of the five components of the Project. The PTC meets monthly.

At the technical and operational level, the Reforms Coordination Unit (RCU), set up in 2010 and headed by a Coordinator, is in charge of the day to day operational administration of PFM coordination.

The Government has adopted a PFM Strategy and Action Plan (2010-2014) as the framework for the re-introduction of the necessary institutions, processes, and procedures meant to enhance the PFM systems in Liberia.

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