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Liberia, IMF Host One-Day Climate Policy Consultation Meeting

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Monrovia, Liberia - The Government of Liberia, in partnership with the International Monetary Fund (IMF), on Thursday convened a one-day Climate Policy Diagnostic Consultation meeting at the Ministry of Finance and Development Planning (MFDP).

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President Boakai’s U.S. Engagements Pay Off: MCC Board Reviews Reaffirmation for Multi-Million Dollar Compact

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Monrovia, Liberia – The Government of Liberia has announced a major breakthrough in reviving its partnership with the U.S. Government’s Millennium Challenge Corporation (MCC), marking a significant milestone in the country’s development agenda.
Following months of uncertainty and a program halt announced at the onset of the current regime of U.S. President Donald Trump, Liberia has now been officially proposed for reaffirmation into the MCC Compact program.

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Ngafuan Stresses Urgency and Collaboration as CBL Holds Third Quarter Monetary Policy Briefing

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Monrovia, Liberia – Liberia’s Finance and Development Planning Minister, Hon. Augustine Kpehe Ngafuan, has emphasized the importance of execution, collaboration, and financial sector reform during his remarks at the official reading of the Central Bank of Liberia’s (CBL) Monetary Policy Communiqué for the third quarter of 2025. The event was held at the CBL headquarters in Monrovia and presided over by Executive Governor Henry F. Saamoa.

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Liberia and World Bank Sign $88.7 Million EXCEL Agreement to Transform Public Primary Education and Boost Foundational Learning Across the Country

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Monrovia, Liberia – The Government of Liberia and the World Bank have signed a landmark US$88.7 million agreement aimed at transforming public primary education across the country through the Excellence in Learning in Liberia (EXCEL) Project.

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President Boakai Launches Youth Entrepreneurship Investment Bank to Unlock Opportunity and Drive Job Creation

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Monrovia, Liberia - The Government of Liberia, in partnership with the African Development Bank Group (AfDB), today officially launched the Youth Entrepreneurship Investment Bank (YEIB) of Liberia, a landmark initiative designed to catalyze economic opportunities and job creation for young Liberians.

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African Development Bank (AfDB) President, Dr. Akinwumi A. Adesina Visits Liberia

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AfDB President Dr. Akinwumi A. Adesina, upon the invitation of President Joseph Nyuma Boakai, will address a high-level forum comprising Cabinet Ministers, Deputy Ministers, and Assistant Ministers; Heads and Deputies of SoEs, Commisions & Agencies on the theme: "Liberia, Arise and Shine!" Dr. Adesina will also be honored by President Boakai for his immense contributions to Africa's and Liberia's development.

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Liberia to Launch Youth Entrepreneurship Investment Bank During Visit by Outgoing AfDB President Dr. Akinwumi A. Adesina

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Monrovia, Liberia – The African Development Bank (AfDB) President, Dr. Akinwumi A. Adesina visits Liberia from July 21 to July 23, during which he will launch a key youth development initiative and receive national recognition for his impactful leadership in development.
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Government Launches FY 2026 Budget Preparation, Emphasizes Timely Passage for Effective Delivery

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Monrovia, Liberia - Finance and Development Planning Minister Augustine Kpehe Ngafuan says the passage of the Fiscal Year (FY) 2026 National Budget before the start of the fiscal year is critical to achieving timely and effective service delivery across government institutions.

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"MFDP Commissioned New Employees Buses after 7 years”

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Monrovia, Liberia — On Monday morning, employees at the Ministry of Finance and Development Planning celebrated a significant milestone as Honorable Augustine Kpehe Ngafuan, Minister of Finance and Development Planning, officially commissioned three new 32-seater buses and two 18-seated buses dedicated to staff transportation.

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Finance Minister, Augustine Kpehe Ngafuan, Meets the IMF Deputy Managing Director and US Government Officials on the sidelines of President Boakai’s Visit to Washington DC

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Washington DC: The Minister of Finance and Development Planning, Hon. Augustine Kpehe Ngafuan, held a high-level productive meeting with the Deputy Managing Director of the International Monetary Fund (IMF), Mr. Bo Li. 
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Ngafuan Hails UN as Key Development Ally, Urges Shift to Action-Oriented, Impact-Driven Projects in Liberia

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Monrovia, Liberia - Finance and Development Planning Minister Augustine Kpehe Ngafuan has praised the United Nations Country Team (UNCT) for its consistent partnership and unwavering support to Liberia, from the early development of the ARREST Agenda for Inclusive Development (AAID) and the County Development Agenda to the current stages of implementation.

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COMMUNIQUÉ: Government of Liberia - Development Partners Retreat (G-DPR) 2025

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On 17 April 2025, the Government of Liberia, along with development partners, convened for the first-ever Government and Development Partners Retreat (G-DPR).

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GoL and EU Sign €25 Million Financing Agreement to Boost Private Sector Development

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Monrovia, Liberia -  Liberia’s Minister of Finance and Development Planning, Hon. Augustine Kpehe Ngafuan, and the European Union Ambassador to Liberia, H.E. Nona Deprez, have signed a €25 million financing grant agreement for the Private Sector Development in Liberia Project.
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Liberia and European Union to Sign €20 Million Financing Agreement to Boost Private Sector Development

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Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning and the European Union will on Monday, June 16, officially sign a €20 million financing agreement under the NDICI–Global Europe framework, titled Private Sector Development in Liberia NDICI Africa Act-62431.

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Liberia’s Finance Minister Ngafuan Reaffirms Government’s Commitment to Civil Servants’ Welfare

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Monrovia, Liberia - Liberia’s Minister of Finance and Development Planning, Hon. Augustine Kpehe Ngafuan, has reaffirmed the government’s commitment to enhancing the working conditions of civil servants nationwide.

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Mauritanian Sidi  Ould Tah Elected President of the AfDB. 

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Abidjan - The Board of Governors of the African Development Bank (AfDB) comprising Ministers of Finance or their alternates of the 81 member states of the AfDB has just elected Mr. Sidi Ould Tah, a former Finance Minister of Mauritania and current President of the Arab Bank for Economic Development in Africa (BADEA), as the new President for the AfDB for a 5-year term starting September 1, 2025. Mr. Tah replaces Dr. Akinwumi Adesina, a Nigerian, who served the bank as President for two terms beginning in September 2015.
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Liberia’s Finance Minister Elected Chair of African Development Bank Constituency 15 as Executive Director Darkortey Successfully Ends Tenure

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Abidjan, Côte d’Ivoire – Liberia’s Minister of Finance and Development Planning, Hon. Augustine Kpehe Ngafuan has been elected Chair of Constituency 15 of the African Development Bank (AfDB), a regional grouping that includes Liberia, Ghana, The Gambia, Sierra Leone, and Sudan.

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𝐀𝐛𝐢𝐝𝐣𝐚𝐧- The Minister of Finance and Development Planning, Hon. Augustine Kpehe Ngafuan, has departed Liberia at the head of a high-level delegation to participate in the 2025 Annual Meetings of the African Development Bank (AfDB), to be held in Abidjan, Côte d'Ivoire from May 26 to 30.

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Minister Barchue Urges Greater Capacity Building & Sensitization on ARREST Agenda as Local Development Efforts Intensify

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Sanniquellie, Nimba County – Liberia’s Assistant Minister for Development Planning at the Ministry of Finance and Development Planning (MFDP), J. Wellington Barchue,I has called for increased public capacity building and sensitization on the ARREST Agenda for Inclusive Development (AAID), as the government strengthens its push to improve the implementation of local and global development goals.

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Liberia to Build 100 New Schools in 2025 as Government Unveils Sweeping Education Reform Agenda

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Monrovia, Liberia – The Government of Liberia has announced plans to construct more than 100 new schools nationwide beginning this year, reaffirming its commitment to education as a cornerstone of national development.

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Latest Press Release

01 August 2025
Press Release
Monrovia, Liberia - The Government of Liberia, in partnership with the International Monetary Fund (IMF), on Thursday convened a one-day Climate Policy Diagnostic Consultation meeting at the Ministry of Finance and Development Planning (MFDP)....
29 July 2025
Press Release
Monrovia, Liberia – The Government of Liberia has announced a major breakthrough in reviving its partnership with the U.S. Government’s Millennium Challenge Corporation (MCC), marking a significant milestone in the country’s development agenda.Follow...

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