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“Governments should prioritize combating and preventing illicit financial flows”, Deputy Finance Minister tells UN Development Forum

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New York, USA - Liberia’s Deputy Finance Minister for Economic Management, Hon. Augustus J. Flomo, has underscored the need for governments around the world to continuously prioritize combating and preventing illicit financial flows.

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GoL, and Development Partners sign MOU to Strengthen Development Cooperation for Aid Effectiveness

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Monrovia, Liberia - The Government of Liberia and development have signed a memorandum of understanding to strengthen Development Cooperation for aid effectiveness.

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President Weah holds PAPD Steering Committee Meeting on Monday April 11, 2022

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The President of the Republic of Liberia, His Excellency, Dr. George Manneh Weah will on April 11, 2022, will chair the Pro-Poor Agenda for Prosperity and Development (PAPD) National Steering Committee Meeting at the Ellen Johnson Sirleaf Ministerial Complex in Congo town, Tubman Boulevard. The meeting will be attended by Development Partners, Pillar Leads & Sector Heads of Government Ministries and Agencies and Civil Society Organizations.

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GoL, World Bank Sign Financing Agreements Totaling US$ 40M

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Monrovia, Liberia - The Government of Liberia and the World Bank on Monday, April 4, 2022, signed two financing agreements for the Liberia Investment, Finance and Trade(LIFT) project totaling the amount of US$ 40 million of which US 20 million is an IDA grant and US$20 million is a concessional IDA credit.

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  263 Hits

RCU Begins Engagement with Head of EU

_20220317-171023_1 Dr. Munyeneh Coordinator of the RCU with Theo Kaspers, the head of EU Cooperation

Monrovia, Liberia - The Public Financial Management Reform Coordination Unit (PFMRCU) on Thursday paid an hour-long visit to the Offices of the EU Delegation in Mamba Point, Monrovia. The meeting was intended to familiarize the EU with the workings of the PFMRCU. 

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  241 Hits

FreeBalance Consultants in Town for Stakeholders’ Meetings

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Monrovia, Liberia - A team of consultants from FreeBalance headed by Aldo Sagastume is in the Country for a ten-day stakeholder engagement and training workshop with relevant beneficiaries of Public Financial Management activities.

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IMF Mission team visits Liberia on ECF 4th article Review

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Monrovia, Liberia - A hybrid mission team from the International Monetary Fund is in Liberia reviewing the 4th article of the four-year arrangement under the Extended Credit Facility program.

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LIMPAC Donates Office Supplies and Equipment's to MCSSTA

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The Ministry of Finance and Development Planning through the Liberia Macroeconomic Policy Analysis Center (LIMPAC) today donated an assortment of office supplies and equipment to the Monrovia Consolidated School System Teachers Association (MCSSTA).

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Account Closure to All MAC's

Kindly be informed that the Government of Liberia through the office of the Comptroller Account general is currently updating its bank account inventory for both USD & LRD which is key driver toward its Treasury Single Account (TSA) implementation

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  256 Hits

MACs Engaged in a Two-day Validation of the PFM Regulations

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Monrovia, Liberia - The Reform Coordination unit in collaboration with the Comptroller and Accountant General Department organized a two-day Working Session to Revise and Validate the Public Financial Management Regulations of 2009 .The event took place from 9 - 10th of February, 2022 at the Paynesville City Hall.

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Clarification on GoL Employees’ Liberian Dollar Salary for Fiscal year 2022

The Government of Liberia (GoL) wishes to inform all government employees that the reduction experienced in the Liberian dollar component of the salary in January 2022 is due to the appreciation of the Liberian Dollars against the united State Dollar;

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PFMRCU Distributes Copies of the PFM Act to Several Institutions of Government

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Monrovia, Liberia - The Reform Coordination Unit of the Ministry of Finance and Development Planning on Tuesday delivered several copies of the Amendment and Restatement of the Public Financial Management Act of 2009 which was approved on October 22, 2019, by the National Legislature. Institutions that benefited from the Act included the Financial Intelligence Unit (FIU), the Internal Audit Agency (IAA), and the National Elections Commission (NEC).

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  408 Hits

Enforcement of Standing Human Resource Management Policies and Regulations Regarding Payroll Processing

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To: All Ministries, Agencies & Commissions

Pursuant to the Standing Orders of the Civil Service and the Budget and Fiscal Policies of the Ministry of Finance and Development Planning, several regulations governing the management of personnel transactions, including pay, shall be observed by all spending entities and enforced by the Civil Service Agency and the Ministry of Finance & Development Planning beginning Fiscal Year 2022. These relate to the processing of personnel actions, including the filling of vacancies and the making of pay adjustments.

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France Support Liberia's Vulnerable with Euros 10M Grant 

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Monrovia, Liberia - The governments of France and Liberia on Wednesday signed a 10 million euro grant agreement to support vulnerable communities under the Greater Monrovia Integrated Development Project.

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Minister Tweah urges AMEU students to chat the path of Transformation

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Monrovia. Liberia - Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr, has urged elected officials of the African Methodist Episcopal University 22nd Students Governing Council to chat the path of transformation and new kind of social activism in the country.

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Circular Communicating Change of Fiscal Periods

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WHEREAS, the 2013 Act of the National Legislature, creating the Ministry of Finance & Development Planning in line with international financial management best practices, with the mandate to formulate, institutionalize and administer economic development, fiscal and tax policies for the promotion of sound and efficient management of financial resources of the government; Download Circular

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Government of Liberia Fully Commits to the Introduction of the Value Added Tax

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The Government of Liberia through the Ministry of Finance and Development Planning announces the commencement of additional stakeholder engagement on the transition from GST to VAT.

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Finance Minister New Year Message to Staff of MFDP

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To all my MFDP staffs, I love you and respect your commitment to work. You’re my treasures and I am very proud of your works and commitments.
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  472 Hits

Season’s Greetings

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The Ministry of Finance and Development Planning, under the outstanding leadership of Minister Samuel D. Tweah, Jr., along with his hardworking team of Deputy and Assistant Ministers, as well as, the entire workforce of the Ministry conveys messages of best wishes during this festive Christmas Season and a prosperous 2022 to H.E President Dr. George M. Weah and members of the Cabinet,

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Reform Coordination Unit holds Working Session on National Capacity Building Implementation Plan

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Buchanan, Grand Bassa County - Reform Coordination Unit at the Ministry of Finance and Development Planning holds working session on National Capacity Building Implementation Plan (December 15-17)

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  538 Hits

Latest Press Release

28 April 2022
Press Release
New York, USA - Liberia’s Deputy Finance Minister for Economic Management, Hon. Augustus J. Flomo, has underscored the need for governments around the world to continuously prioritize combating and preventing illicit financial flows....
15 April 2022
Press Release

Monrovia, Liberia - The Government of Liberia and development have signed a memorandum of understanding to strengthen Development Cooperation for aid effectiveness.

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