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MFDP Launches Department of Budget & Development Planning Technical & Training Room

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Monrovia, Liberia - The Ministry of Finance and Development Planning through the Department of Budget has officially launched the Department of Budget & Development Planning Technical and Training room at the Ministry.

Speaking at the official launch of the DBDP training room, on Tuesday, September 7, 2021, Deputy Minister for Budget and Development Planning, Hon. Tanneh G. Brunson urged staff of MFDP, especially the Department of Budget and Development Planning, to see the training room as a learning environment that staff can learn from each other. “The DBDP Training and Technical room programme is a hands- on skills development course designed to improve analytical and excel skills”, she added.The budget minister added that the training also will incorporate spending entities to enhance their capacities for preparing, executing and reporting on the budget and for effective plan development including projects, M&E and Performance reporting.She explained that some of the training initiatives will include collaboration with LIPA to enhance capacities across Government.Hon Brunson commended the Swedish Embassy for their support to the training committee through the ODI – BSI Advisor.She praised the spirit of collaboration and support from across Departments within MFDP and thanked the Training Committee, for transforming her vision that created this program that has flourished to become a reality. Minister Brunson thanked her team for the high momentum in achieving “this milestone” as Department of Budget and Development Planning.The Department of Budget and Development Planning internal training program started a year ago. The vision was geared towards providing internal surge capacity to staffers of the department in the wake of contending resource constraint, which inhibits the department to fully orientate and capacitate its staffs to internal processes, tools and knowledge towards engendering work efficiency within the department.The Program had in attendance representatives of the Swedish Embassy, USAID, Directors and Staffers of the Ministry of Finance and Development Planning.

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Liberia Takes Over Chairmanship of Convergence Council of Ministers and Central Bank Governors of the West African Monetary Zone (WAMZ)

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At the 45th Meeting of the Convergence Council of Ministers and Central Bank Governors of the WAMZ held on Friday, August 27 via Zoom, Liberia assumed the leadership of the Convergence Council of the WAMZ, taking over from Sierra Leone. The WAMZ comprises English speaking countries of West Africa plus Guinea, which, though being French-speaking, is not part of the eight francophone countries that make up the West African Economic and Monetary Union (UEMOA).

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GoL Validates INEC ToR

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Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning with support from the United Nations Development Programmed (UNDP) on Thursday August 19, held a validation workshop on the strategic operational and term of reference for the Independent National Evaluation Committee (INEC).

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GoL, Commercial Banks Sign National LPA Scheme for Civil Servants

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Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning, and two commercial banks, the GT Bank and Ecobank, have signed the National Legal Power of Attorney, known as the LPA scheme for Civil Servants who are employed with the Ministry of Finance and Development Planning, the Ministry of Foreign Affairs and the Civil Service Agency.

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“False and Misleading”, MFDP Clarifies Indian Express.com story

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Monrovia. Liberia - The Ministry of Finance and Development Planning has termed as false and misleading a trending news story published by New Indian Express.com, with the headline” Ethical Hacker Odia Boy earns praise from Liberia Government.

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Tweah’s Highlight Liberia’s Potential During USAID Boss Courtesy Visit

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Monrovia, Liberia - Finance and Development Planning Minister Hon. Samuel D. Tweah Jr., has highlighted Liberia’s potential, during a courtesy visit by USAID Mission Director Jim Wright at the Ministry of Finance and Development Planning on Tuesday.

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Comptrollers, Accountants Urged to be Robust

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Comptrollers and Accountants across government ministries and agencies have been urged to be more robust in the discharge of their duties in the new special fiscal year, which runs from July 1, 2021 to December 31, 2021.`

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Minister Tweah Challenges IAA to Take Public Financial Management to a New Level

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Monrovia, Liberia - Finance and Development Planning Minister, Honorable Samuel D. Tweah Jr., has challenged the Internal Audit Agency (IAA) to take Public Financial Management and transparency to a new level. He described the new level as PFM 2.0. He said ‘’ most of what government has been doing in the past (15) fifteen years was to restructure, re-orient, and re-organize”.

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Independence Day Greeting

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On the auspicious occasion marking the 174th Independence Day celebration of the Republic of Liberia on July 26, 2021; the Minister of Finance and Development Planning Hon. Samuel D. Tweah Jr., Deputy and Assistant Ministers, Directors and general staff of the Ministry of Finance and Development Planning extend warmest congratulations and best wishes to His Excellency, Dr. George Manneh Weah, President of the Republic of Liberia and Commander-in-Chief of the Armed Forces; the Vice President, Her Excellency Chief Jewel Howard Taylor; the Honorable Speaker of the House of Representatives, Dr. BhofalChambers and members of the National Legislature, The Chief Justice and members of the Judiciary, employees of government and the peace-loving people of Liberia.

As our nation celebrates this historic milestone, amidstthe ongoing fight against the COVID-19 pandemic, the Ministry of Finance and Development Planning praysfor God’s guidance upon you, Mr. President, as youlead this country to economic growth and development

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MFDP bids farewell to outgoing Swedish Ambassador Ingrid Wetterqvist

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Monrovia, Liberia - The Ministry of Finance and Development has bid farewell to outgoing Swedish Ambassador Ingrid Wetterqvist for the meaningful role played in strengthening bilateral relations and cooperation between the Kingdom of Sweden and the Republic of Liberia.

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Eid al-Adha Message from The Ministry of Finance and Development Planning

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It is a great pleasure to extend my best wishes on the occasion of Eid Ul Adha to all Muslims and congratulate everyone who has performed the Hajj this year.

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Results Based Planning, M&E Reporting Training Held for 20 MACs Staff

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Ganta, Nimba County - A result based planning, monitoring, evaluation and reporting training for twenty participants from Nimba, Bong and Lofa counties was held during the week in northern Liberia.

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GoL to implement updated IPSAS Cash Basis of Accounting for all Agencies

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Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning (Comptroller and Accountant General’s Department) and in consultation with the Auditor General of Liberia will begin using the November 8, 2017, updated version of the International Public Sector Accounting Standards (IPSAS) Cash Basis of Accounting for the preparation of the government financial statements.

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GoL, World Bank Sign Financing Agreements Totaling US$ 157M

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Monrovia, Liberia - The World Bank and the government of Liberia on Friday signed three financing agreements in the amount of US$ 117 million for the construction of 101 kilometers of paved roads that will link Saclepea to Tappita to Toe’s Town of the country; and US$ 40M for the Second Inclusive Growth Development Policy Operation (IGDPO-2).

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MFDP, CSOs, INGOs, NGOs and Stakeholders concluded the National Aid and NGO Policy & Liberia Project Dashboard Workshop

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Buchanan, Grand Bassa County - The Government of Liberia through the Ministry of Finance and Development Planning (MFDP) with support from the United Nations Development Program (UNDP) climaxed a three - day awareness and training workshop on the National Aid and NGO Policy of Liberia and the Liberia Project Dashboard to “Enhance National Data Capacity and Coordination Mechanisms in Project Management and Results Tracking in Liberia” in the port city of Buchanan, Grand Bassa County.

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Finance Ministry Submits “Special” FY2021 Draft National Budget

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Monrovia, Liberia - The Ministry of Finance and Development Planning on behalf of President George M. Weah and the Executive Branch of Government, has submitted the special draft national budget for fiscal year July 1 to December 31, 2021, to the National Legislature.

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GoL, CSOs Signs US$224k Sub-grant Agreement

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Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning and Thirteen Civil Societies’ Organizations on Wednesday, May 19, 2021 signed a sub-grant agreement in the tone of US$224,000.00 (Two hundred Twenty Four Thousand United States Dollars) to engage CSOs in scrutiny the use of public resources as well as building constituencies for reform of the Public Financial Management (PFM) system across the country and also seeks to strengthen the capacity of organizations to serve as critical partners in ensuring transparency and accountability in the use of public resources and public service delivery.

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Financial Reporting Training for 65 Government Comptrollers, Accountants

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Monrovia, Liberia -  A financial reporting training aimed at strengthening the capacities of comptrollers and accountants of government agencies got underway Wednesday, May 12, 2021, in Buchanan, Grand Bassa County.

Over 65 comptrollers and accountants from various agencies of government attend the three days capacity building training.

It is being organized by the Comptrollers and Accountants General Department at the Ministry of Finance and Development Planning, and under the theme: “Using the IFMIS free balance Platform to Generate Reports and Prepare Financial Statements”.

Making remarks at the opening session, the Director for Technical Services within the comptrollers and accountant general department, Dede D. Sandman said the issue of financial reporting has been regular activities at the ministry of finance through the comptrollers and accountant general office.

He said under the new PFMU amendment and restated law signed into handbill by the President in October 2019, mandates the comptroller and accounting department to request for timely financial reports from all accountants and comptrollers across ministries and agencies.

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USAID, MFDP Sign 81k In-kind Support Grant

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Monrovia, Liberia - The United States Agency for International Development, represented by Nathan Associates and the Ministry of Finance and Development Planning; Department of Economic Management have signed a grant in the amount of US$81,000.

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MFDP /LIMPAC fulfills Promise - Provides six (6) Internships to graduates of UL 101st Convocation class

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Monrovia, Liberia - The Ministry of Finance and Development Planning through its research and policy analysis unit, the Liberia Macroeconomic Policy Analysis Center (LIMPAC), has provided internship opportunities to six graduates and duxes of the University of Liberia Economic Department, with average cumulative GPA ranging from 3.00 to 3.58.

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Latest Press Release

07 September 2021
Press Release
Monrovia, Liberia - The Ministry of Finance and Development Planning through the Department of Budget has officially launched the Department of Budget & Development Planning Technical and Training room at the Ministry.Speaking at the official lau...
31 August 2021
Press Release
At the 45th Meeting of the Convergence Council of Ministers and Central Bank Governors of the WAMZ held on Friday, August 27 via Zoom, Liberia assumed the leadership of the Convergence Council of the WAMZ, taking over from Sierra Leone. The WAMZ comp...

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