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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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  11 Hits

Special Birthday Message from MFDP to Minister Samuel D. Tweah, Jr.

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Today, May 6, we celebrate the birth anniversary of the Honorable Minister of Finance and Development Planning, Samuel D. Tweah, Jr.

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  28 Hits

MFDP Clarifies “Purported” Check Scandal

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Monrovia, Liberia - The Ministry of Finance and Development Planning through the Comptroller and Accountant General Department clarifies that a purported “Check Scandal” information circulating on various social media platforms is false, misleading, and has no iota of truth.

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  87 Hits

MOU Between The Government of Liberia (GOL) and The Consortium of Public Sector Workers Organization (Consortium)

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REPRESENTATIVES OF THE GOVERNMENT AND THE CONSORTIUM

The Government of Liberia is represented by the Ministry of Finance and Development Planning (MFDP), the Ministry of Education (MOE), the Ministry of Health (MOH), and the Civil Service Agency (CSA). The Consortium is represented by the Civil Servants Association of Liberia, the National Teachers Association of Liberia, National Health Workers Association of Liberia, the Monrovia Consolidated Schools System Teachers’ Association, and the National Parents Teachers Network of Liberia.

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  67 Hits

Minister Tweah wants Increase in Development Assistance to Africa

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Finance and Development Planning Minister Hon. Samuel D. Tweah Jr., has expressed the need for development and multilateral partners to increase the “Official Development Assistance (ODA), to Africa.

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  92 Hits

MFDP's Ramadan Message

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As the holy month of Ramadan begins, the Ministry of Finance and Development Planning extends its best wishes to our Muslim brothers and sisters. Ramadan is a special time for Muslims, marked by devotion, prayer and compassion for others.

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  117 Hits

GoL, World Bank signs dual financing agreements totaling US$74.2 Million

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Monrovia. Liberia - The Government of Liberia and the World Bank have signed dual financing agreements totaling US$ 74.2 million.

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  141 Hits

Public Service Announcement

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The Ministry of Finance and Development Planning informs the public that purported information circulating on social media about a 57.2M government grant with GEN to entrepreneurs is false and misleading.

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  331 Hits

Circular-Withholding of Employee Salaries for Failure to Provide Valid NIR ID

In furtherance of its on-going mandate to clean the Central Government Payroll of ghosts and double dippers, the National Payroll Clean-up task force hereby announces to all central government employees that effective the pay period for April 2021 there will be no slary payment to any employee who does not have a verified national Identification Number (NIN), issued by the National identification Registry.

Payroll Clean up Task Force Announcement March 31 21

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  173 Hits

GoL, EU portfolio review to enhance stronger partnership and results

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A two-day portfolio review on the European Union initiatives in Liberia got underway Wednesday March 31 in Monrovia.

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  191 Hits

World Bank Approves Two Financing for Energy, Job Creation in Liberia

World Bank Approves Two Financing for Energy, Job Creation in Liberia

Monrovia, Liberia - Two financing agreements were on Friday March 12, 2021, approved by the World Bank, through the International Development Association.

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  349 Hits

Liberia Concludes APRM Technical Country Support Mission

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Monrovia, Liberia – A Technical Country Support Mission of the African Peer Review Mechanism Continental Secretariat has been concludedin the country.

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  193 Hits

National Defense College visits MFDP on a Study Tour

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Monrovia, Liberia - A visiting delegation from the National Defense College, on Tuesday, March 9, 2021, held a day-long meeting, with the senior management team at the Ministry of Finance and Development Planning.

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  202 Hits

Liberia receives APRM Country Support Mission

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Monrovia, Liberia – A technical country support mission of the African Peer Review Mechanism Continental Secretariat has arrived in the country.

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  218 Hits

At MFDP Mid-Year Strategic Plan Retreat: Finance Minister calls for stronger coordination for an improved service delivery

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Marshall City, Margibi County - The mid-year review of the Ministry of Finance and Development Planning is being held in Marshall City, Margibi County. The retreat runs from Friday February 5-7, 2021.

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  332 Hits

Minister Samuel D. Tweah, Jr Meets New US Ambassador to Liberia; Raps On Development Potential

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Monrovia, Liberia - United States Ambassador assigned to Liberia, Michael A. McCarthy has lauded President George M. Weah and the government of Liberia for the economic and developmental strides made amidst what he termed as “daunting challenges”.

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  346 Hits

“Millions Insight for Urban Development Projects”, As France renews support to Liberia

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Monrovia, Liberia - An urban development project which will create employment for thousands of Liberians has been welcome by Finance and Development Planning Minister Hon. Samuel D. Tweah Jr.
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  305 Hits

Tweah Meets New UNDP Liberia Boss; Commitment to Impactful Interventions

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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.

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  341 Hits

GoL, TRANSCO CLSG hold Bi-Annual Coordination General Meeting

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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.

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  380 Hits

Big Boost for the Energy Sector

Big Boost for the Energy Sector 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.

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  458 Hits

Public Service Announcement

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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.

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  410 Hits

“Let the world see what you know”, Deputy Minister Wolokolie urges students

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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.

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  434 Hits

" Government Committed to Protecting Land Owners and Squatters”, Says Minister Tweah

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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.

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  394 Hits

GoL holds training for Comptrollers, HR, and Financial Analyst on payroll management

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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.

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  411 Hits

Workshop On Procedures for Central Government Payroll Processing Commences in Monrovia

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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.

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  426 Hits

GoL Cancels Beach and Waterways Program, Move Towards a Replacement Program

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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.

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  455 Hits

“Do heavy Lifting”, Hon.Tweah Urges Economic Actors

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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.

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  471 Hits

IMF Completes Liberia Reviews, Approves US$ 48.86 Million Disbursement under the Extended Credit Facility.

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

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  584 Hits

Liberia among four countries to benefit from EU € 84M Coronavirus Global Response

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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.

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  403 Hits

Season’s Greetings from MFDP

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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.

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  425 Hits

MFDP Climaxes Workshop for Comptrollers, Accountants held in Grand Bassa

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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.

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  435 Hits

Tweah Rallies Donors Support

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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.

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  456 Hits

GoL to Officially Roll out Aid Management Tool (Liberia Project Dash Board), and National Aid and NGO Policy of Liberia

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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).

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  1684 Hits

APRM National Secretariat Concludes Town Hall Meetings on Domestic Resource Mobilization

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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.

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  560 Hits

GoL Commences Phase-two training on Result- Based Planning, Monitoring and Evaluation

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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.

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  519 Hits

MFDP Opens Refurbished Staff Cafeteria

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

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  1505 Hits

“New Fiscal Calendar Brings Liberia into Alignment with ECOWAS Countries”, Minister Tweah Says

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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.

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  1395 Hits

GoL commits to robust economic and reform measures, Finance Minister Says

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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.

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  1400 Hits

MFDP Climaxes ‘Phase One’ PAPD Technical Review Retreat

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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.

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  1399 Hits

GoL to Launch Comptroller & Accountant General’s Department; In Accordance with PFM Act

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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.

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  1442 Hits

GoL Ends Retreat on the Change in the New Fiscal Year calendar

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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.

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  1467 Hits

GoL provide virtual training on National Transfer Account Concepts and Generational Economy

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

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  1391 Hits

Swedish Mission Visits Liberia

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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.

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  1438 Hits

Painting of the Ministry of Finance and Development Planning Building

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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.

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  1424 Hits

Blocking of Salaries of GoL Employees Found on Double or Multiple Payrolls

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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).

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  670 Hits

Happy, Happy Birthday, Our Beloved President!!!

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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.

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  667 Hits

At the 5th US-Africa Investment Forum and Policy Dialogue, Min. Tweah Calls for a “More Meaningful and Radical’’ Approach to Change the Investment and Development Trajectory in Sub-Saharan Africa

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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.

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  1959 Hits

Congratulations Honorable Samora P.Z.Wolokolie, Ph.D.

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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.

  848 Hits

Gov’t to Hold Technical Workshop on the Development of Citizen’s Budget Portal

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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.

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  730 Hits

GoL Launches National Aid and NGO Policy

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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.

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  761 Hits

LIMPAC Donates Office Supplies and Equipment to National Legislature

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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.

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  808 Hits

Government to roll out National Aid and NGO Policy

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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). 

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  994 Hits

Comptroller and Accountant General Applauds AFDB and others Partners for Donation of ICT Equipment

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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.

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  776 Hits

We’ll Take FIU to Another Level” Min. Tweah asserts

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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.

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  873 Hits

Ministry of Finance and Development Planning Eid Mubarak Message

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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.

  871 Hits

Brief on the Increase in GoL Debt Stock between December 2017 and March 2020

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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.

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  1064 Hits

AIIB Board Approves Liberia’s Membership

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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.

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  925 Hits

Ministry of Finance and Development Planning Independence Day Greetings

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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.

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  734 Hits

GoL, France Sign 10 million Euros grant to support Nat’l TVET Policy

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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.

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  986 Hits

Liberia gets US$ 9.3 million World Bank Grant

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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.

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  1220 Hits

Speech Delivered By Deputy Minister For Fiscal Affairs of The Ministry Of Finance and Development Planning, Dr. Samora P. Z. Wolokolie; At The Special Edward Wilmot Blyden Forum Organized By The Press Union Of Liberia.

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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.

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  2992 Hits

GoL to Enhance and Re-deploy Electronic Document Management System

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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).

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  915 Hits

Salary Disbursement for June Ongoing

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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.

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  1325 Hits

Government Process June Salary

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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.

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  1697 Hits

International Partner Hail Budget Transparency

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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).

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  1081 Hits

IMF Executive Board Approves US$ 50M for Liberia COVID-19 fight

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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.

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  1839 Hits

Resumption of the Processing of Investment Incentives Certificates

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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.

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  1655 Hits

MFDP Begins Publishing Fiscal Reports - Transparency Measure will give the public access to GOL monthly revenue and expenditure

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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).

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  1273 Hits

Liberia, USAID Sign US$640 Grant Agreement

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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).

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  1413 Hits

Eid-ul-Fitr Message from Minister Tweah

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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.

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  982 Hits

GoL, European Union sign two financing agreements totaling US$ 59 million

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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.

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  1122 Hits

GoL, and EU to sign two Financing Agreements

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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.

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  867 Hits

Public Financial Management Unit (PFMU)

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

  900 Hits

Mobile Money Unit (MMU)

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.

  680 Hits

Technical Services Unit (TSU):

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.

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Profile of the Comptroller and Accountant General (CAG)

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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Structure

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Profile of Comptroller and Accountant General’s

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Department of Comptroller and Accountant General’s

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)

 

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Happy Birthday, Hon. Minister Samuel D. Tweah, Jr.

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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

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Modalities for Handshakes Payment to GoL Retirees

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.

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Ramadan Message from Honorable Samuel Doe Tweah, Jr.

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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

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Government Begins Handshake Payment to2,154 Retired Employees: Package of US$1,216,850 Million to be disbursed to Retirees

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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.

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GoL Appreciates the IMF for Debt Service Relief

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

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Government of Liberia, Afriland Bank Sign Cash Collateral Guarantee Agreement

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- 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.

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World Bank Assures Liberia of US$15M to Fight COVID 19 Outbreak

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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.

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Liberia, World Bank Sign US$40 Million Budget Support

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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.

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Minister Tweah Conducts In-house Tour

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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.

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GoL Issues Administrative Measures to Halt Growth in Wage Bill; Sets Up Multi-Agency Ghosts Removal Task Force

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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.

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Minister Tweah Envisions Growth in Fisheries Sector; Meets World Bank Preparation Mission Team

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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).

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The Republic of Liberia Ready for Peer Review

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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.

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Asst. Minister Kolubah Makes Presentation at Sub-regional Workshop on ECOWAS Post 2020 Vision

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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.

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GoL, AfDB Sign Financing Agreements for Hydro Power Plant in Nimba and Investment Promotion Projects

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

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Finance Minister Optimistic of Recovery and Prosperity in 2020 and Years Ahead

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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.

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Season’s Greetings from MFDP

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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.

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Remarks by Minister of Finance and Development Planning at the PUL’s Induction Ceremony

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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!

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19 CSOs Receive Training in Public Financial Management

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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.

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ECOWAS National Office in Liberia End two days National Consultations Workshop in Cape-Mount

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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.

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IMF Executive Board Approves US$213.6 Million ECF Arrangement for Liberia

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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.

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Agriculture Value Chain will enhance job creation; Deputy Finance Minister Augustus Flomo at ACP 9th Summit

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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.

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Public Financial Management Reform Remains a Priority for Sustained Economic Growth; Finance Minister Samuel D. Tweah Jr. Asserts

Finance-and-Development-Planning-Minister-Hon.-samuel-D.-tweah-Jr.-marking-remark-at-the-Launch-ceremony 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.

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Liberia, IFAD Sign US$23million to Boost Cocoa Production

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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.

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LIMPAC Conduct Training for 20 Women In Entrepreneurs Empowerment

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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.

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Public Service Announcement

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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.

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Budget Minister Expresses Gratitude to the European Union, the Swedish Government and UN Women

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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).

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Gov’t Committed to improving the lives of Liberian Youth

Samora-P.Z.-Wolokolie 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).

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Official Announcement on Mandatory National ID Number for Compensations PAYMENT

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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.

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Liberia’s Secures Financing for Tappita, Konia Highways Projects; As Minister, Tweah Makes Liberia Case in Washington

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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.

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Government Provides Update on Salaries of 15,000 Teachers

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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.

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MFDP Provides Clarity on Teachers’ Salaries Payment

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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.

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Finance Minister Encourages Gov’t Officials to Collectively Own Census Exercise; As LISGIS, Partners Sign 2021 NPHC Document

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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.

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Happy Birthday Dr, George Manneh Weah

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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.

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APM Terminals Charges Have Not Been Increased

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

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JFK Workers August Pay Ready

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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.

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GoL Trains Comptrollers, Accountants in Financial Reporting

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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.

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“Public Financial Management on Right Path”, Minister Tweah Assures

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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.

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GoL, WFP Sign 2019-2023 WFP’s Country Strategic Plan

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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

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Eid Al Adha Mubarak

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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.

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MFDP Gets Computers, Printers from AFDB

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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).

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GoL, EBID Sign US$ 50M Loan Agreement to pave Southeastern Road

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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. 

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Nine RDOs, Fifteen CMOs Climax Four-Day Training in Gompa City, Nimba County

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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. 

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MFDP July 26, Independence Message

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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.

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Liberia, World Bank Sign USD 47M IDA Grant to Improve Secondary Education

DSC_6408 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.

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Government Spending Entities Conclude PAPD Indicators and Data Collection Validation Workshop

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

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Non-State Actors Secretariat Gives 25 Laptops to CSOs

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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.

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Minister Tweah Assures IMF of Credible Budget

DSC_402_20190625-155030_1 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.

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“Agriculture Sustainability Critical for Economic Growth” Finance Minister Asserts

3.1 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.

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GoL, Kuwaiti Fund Sign US$ 20M Loan Agreement

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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).

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Message from the President of the Republic of Liberia

Pres Weah Addresses Audience at Launch of PADPMy Fellow Citizens,

On January 22, 2018 you entrusted me with the responsibility of leading the effort to build a capable state that is united in purpose and filled with hope and prosperity. This ushered in the first generational change in national leadership through the popular vote since the introduction of universal suffrage in 1951. I will remain eternally grateful for this sacred trust and will, to the best of my ability and with the help of God, strive to change the narrative on Liberia and bring about a more stable, prosperous, and democratic state.

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MFDP Clarifies Rumor on the Freezing of Account of the Liberia National Lotteries

mfdplogo2Monrovia, Liberia - The attention of the Ministry of Finance and Development Planning (MFDP) is drawn to erroneous reports being circulated in certain quarters that the Ministry has disrespected the Honourable Supreme Court of Liberia by ignoring its orders to lift the recent access restriction placed on the accounts of the Liberia National Lotteries (LNL) by the ministry.

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European Union Gives EUR 6 million to Pave Sanniquelle-Loguatuo Road

Eu FlagMonrovia, Liberia - The European Union has provided initial funding of EUR 6 million (USD 6.87 m) to help Liberia pave the road connection from Sanniquelle to Loguato with asphalt. The EU regional envelope for West Africa also allocated EUR 14.2 million to this project. The European Investment Bank (EIB) is expected to contribute EUR 17 million.

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Fourth Quarter Public Debt Report FY2017/18

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Third Quarter Public Debt Report FY2017/18

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Third Quarter Public Debt Report FY2017/18

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Third Quarter Public Debt Report FY2017/18

Third Quarter Public Debt Report FY2017/18

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July Monthly Debt Bulletin

July Monthly Debt Bulletin

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Pro-Poor Development Agenda to be Launched in Ganta City

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Monrovia, Liberia - After a series of reviews and a National Validation of the PAPD by the Government of Liberia through the Ministry of Finance and Development Planning with support from the United Nations Development Programme (UNDP) and the United Nations Children’s Fund (UNICEF), His Excellency President George Manneh Weah will on Saturday, October 27, 2018 launch the National Development Plan of the Pro-Poor Agenda for Prosperity and Development to be held at the United Methodist Hall in Ganta City, Nimba County under the Theme: “Unveiling of an Integrated five years Medium-Term National Development Plan towards Accelerated, Inclusive and Sustainable Development”.

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Pro-Poor Agenda for Prosperity & Development (PAPD) Acknowledgement from the Minister of Finance and Development Planning

Pro Poor LogoPRO-POOR AGENDA FOR PROSPERITY & DEVELOPMENT (PAPD)
A FIVE-YEAR NATIONAL DEVELOPMENT PLAN
TOWARDS ACCELERATED, INCLUSIVE, AND SUSTAINABLE DEVELOPMENT
(July 2018 – June 2023)

Acknowledgment from the Minister of Finance and Development Planning

I wish to extend my sincere thanks to the President of the Republic of Liberia, H.E. George Manneh Weah, the Vice President, H.E. Jewel Howard-Taylor, and the Cabinet, the Liberian National Legislature, and the Judiciary for your guidance and motivation in driving the formulation of the Pro-Poor Agenda for Prosperity and Development (PAPD). I am also grateful to other heads of the institution, autonomous agencies, county superintendents and various stakeholders for your support in organizing the technical sessions and mobilizing participants to contribute to the formulation of this document.

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Liberia’s Delegation to the 2018 IMF - World Bank Annual Meetings Score Big Gains

world bank and imfMonrovia, Liberia - The Liberian Delegation to the 2018 IMF-World Bank Annual Meetings held in Bali, Indonesia returns to Liberia after scoring big successes at the Meetings. The Delegation was headed by the Minister of Finance and Development Planning and comprised the Governor of the Central Bank of Liberia, the Minister of Public Works, the President of the Liberia Bank for Development and Investment and the Commissioner of the Liberia Maritime Authority, as well as respective deputies and technicians.

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Comptroller and Accountant General Hon. Janga Augustus Kowo’s Statement at MICAT Clarifying GoL’s Voluntary Mobile Money Payment Scheme

17 10 18 DSC 8366Monrovia, Liberia - The Government of Liberia’s Mobile Money Payment System being rolled out to spending entities is an innovate scheme intended to ensure the effectiveness and efficiency in delivering the pay of government’s workers.

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Acting Finance Minister Assures that Challenges of Visually Impaired Persons Will Get Due Attention

11Acting Finance and Development Planning Minister Hon Samora P Wolokolie making remark at the Liberia Christian Association of the BlindMonrovia, Liberia - The Deputy Minister for Fiscal Affairs and Acting Minister of Finance and Development Planning, Hon. Samora P. Z. Wolokolie has assured that challenges facing visually impaired person s across the country will get “due relevance and attention” from the government of President George M. Weah.

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LIMPAC Certificates Fifty-Four Staff from Four Government Entities at the End of Phase 2 of Capacity Building Training Program

15 10 18 DSC 3642Monrovia, Liberia - The Liberia Macroeconomic Policy Analysis Center (LIMPAC) at the Ministry of Finance and  - Development Planning with support from the African Capacity Building Foundation (ACBF) has certificated a total of fifty-four (54) staff  employees from the Ministry of Finance and Development Planning (MFDP), Liberia Institute of Statistics and Geo-Information Services(LISGIS), Liberia Revenue Authority (LRA), and the Ministry of Commerce and Industry (MoCI) after successfully conducting the 2nd Phase of its capacity building training program.

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  1777 Hits

Consultancy for the Support of Capacity Building in the Liberian Microfinance Sector

Consultancy for the Support of Capacity Building in the Liberian Microfinance Sector

  495 Hits

Capacity Building & Training Officer - PFM Reform Coordination Unit

Capacity Building & Training Officer - PFM Reform Coordination Unit

  496 Hits

Employee Handbook

Employee Handbook

  650 Hits

Summary of Budget Preparation Calendar FY-2019/20

Summary of Budget Preparation Calendar FY-2019/20

  2909 Hits

GoL, AfDB Sign USD 41.58 for Phase Two of MRU Road Development and Transport facilitation Program

Finance and Development Planning Minister and African Development Bank Country Manager for Liberia Country Office signing the multi donor agreementsMonrovia, Liberia – The Minister of Finance and Development Planning, Hon. Samuel D. Tweah, Jr., on Wednesday, October 3, 2018 signed on behalf of the Government of Liberia the Loan and Grant Agreements with the AfDB totaling US $41.58 Million for the Second Phase of the Mano River Union Road Development and Transport Facilitation Programme which would improve roads connectivity in Liberia and facilitate transport between Liberia and its MRU neighbors as well as promote regional integration.

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  2051 Hits

LIMPAC & ACBF Complete Empowerment Programs for Liberian Women Entrepreneurs & Women Agriculture Cooperatives

LIMPAC DSC 2972Monrovia, Liberia - With support from the African Capacity Building Foundation (ACBF) and the Arab Bank for Economic Development in Africa (BADEA), the Liberia Macroeconomic Policy Analysis Center with the Ministry of Finance and Development Planning has successfully completed three days events for the empowerment of Liberian Women in agriculture and women entrepreneurs. The three days event included a one-day Policy Advocacy Forum and two days leadership training for women agriculture cooperatives and women entrepreneurs. According to ACBF, the objective of the events is to promote sustainable agriculture in Africa with women at the forefront of the project: Empowerment of Women in Agriculture (EWA). The events are piloted in three African countries; Liberia, Rwanda, and Malawi.

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  2078 Hits

GoL, AFDB to Sign Multi-Donor Funded Road Project Agreement

Monrovia, Liberia - The Government of Liberia and the African Development Bank (AfDB) will be signing on Thursday, September 27, 2018, a multi-donor road project agreement amounting to US$87.87 million.

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  4577 Hits

Consultancy to Conduct Audits of Companies Operating the Natural Resource Sector of Liberia

Consultancy to Conduct Audits of Companies Operating the Natural Resource Sector of Liberia

  497 Hits

Strengthening Capacity in Financial Reporting of SOEs.

Monrovia, September 21, 2017 (MFDP) - A three -day training workshop for State Owned Enterprises (SOEs) is scheduled to be held from September 25 to 27, 2018 at the port city of Buchanan, Grand Bassa County.

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  1654 Hits

Project Management

Project Management

  623 Hits

Deputy Project Management

Deputy Project Management

  493 Hits

Financial Management Specialist

Financial Management Specialist

  506 Hits

MFDP Holds Three Days Technical Review Workshop with MACs and Development Partners

Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning with support from the United Nations Development Programme (UNDP) has conducted a three-day Pro-poor Agenda for Prosperity and Development (PAPD) Technical Review Workshop under the Theme: Development of an Integrated Medium-term National Development Plan, the Pro-Poor Agenda for Prosperity and Development (PAPD) towards Accelerated, Inclusive and Sustainable Development.

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  1682 Hits

Consultancy to Review Financial Statements of the Integrated Public Financial Management Reform Project Phase II (IPFMRPII)

Consultancy to Review Financial Statements of the Integrated Public Financial Management Reform Project Phase II (IPFMRPII)

  511 Hits

No Violation of Travel Ordinance on Finance Minister’s Official Trip To China

Monrovia, Liberia - The Ministry of Finance and Development Planning has clarified that it has in no way violated the Revised Travel Ordinance of 2016/2017 on the Finance Minister’s official trip to China as reported in the Thursday, September 6, 2018 edition of the FrontPage Africa Newspaper under the caption “Liberia: ‘Pro-Poor Gov’t Minister Pays US$16K to Upgrade from Business to First Class for Beijing”.

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  1770 Hits

REOI Provision of Legal Collection Services

REOI Provision of Legal Collection Services

  446 Hits

Public Account Specialist - Public Accounting Framework, Public Account Specialist-Debt Management, Public Account Specialist-Legal Framework of Public Finance, Project Promotion Specialist and Project Preparation Specialist

Public Account Specialist - Public Accounting Framework, Public Account Specialist-Debt Management, Public Account Specialist-Legal Framework of Public Finance, Project Promotion Specialist and Project Preparation Specialist

  521 Hits

GoL Enhances Fiscal Decentralization under Pro-Poor Agenda; Adds Additional Spending Entities in Counties’ Treasury Framework

Monrovia, Liberia - The Ministry of Finance & Development Planning as part of decentralization program in the Pro-Poor Agenda has enhanced fiscal decentralization by ensuring that additional spending entities will now perform their transactions in their respective counties of operations. The new fiscal decentralization measure means that these entities will no more come to Monrovia to do any fiscal and budgetary transactions.

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  2245 Hits

Liberia to Host Delocalized ECOWAS Parliament Meeting

ECOWAS LogoMonrovia, Liberia -  Liberia has been designated to host another session of the delocalized ECOWAS Parliament Meeting in Monrovia from 27th to 31st August 2018. In April 2017, a similar parliamentary event was held here from 10th to 14th April. In preparation for the holding of the event, a high powered ECOWAS Technical delegation is expected to arrive in Monrovia on Thursday, August 23rd, 2018.

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  2121 Hits

3rd Quarter Fiscal Outturn FY2017/18

3rd Quarter Fiscal Outturn FY2017/18

  849 Hits

2nd Quarter Fiscal Outturn FY2017/18

2nd Quarter Fiscal Outturn FY2017/18

  667 Hits

1st Quarter Fiscal Outturn FY2017/18

1st Quarter Fiscal Outturn FY2017/18

  733 Hits

Profile of the Deputy Minister for Fiscal Affairs

Dr. Samora P. Z. Wolokolie, MBA, MSc, CFE, CA, CPA, CFIP, CTP, Ph.D.

Over the course of a professional career in business and finance spanning 14+ years, Samora P.Z. Wolokolie has lived and worked in Liberia; serves as Deputy Minister for Fiscal Affairs at the Ministry of Finance and Development Planning. His primary responsibility is to manage the financial resources of Liberia; develop and administer the financial rules and regulations of the republic. He oversees and executes all matters relating to government accounting, including pay, pensions, and other allowances as well as develop fiscal policy. Additionally, he is responsible to oversee all matters concerning the framing of proposals regarding tax and non-tax revenue, tax reform as part of fiscal consolidation, coordinate with and generally perform all such services relative to the management of government finances as may be required by law, and implement expenditure proposals of Ministries and Agencies of Government as appropriated in the budget. Immediately prior to his appointment as Deputy Minister for Fiscal Affairs at the Ministry of Finance and Development Planning by His Excellency Dr. George Manneh Weah, Hon. Wolokolie served as Managing Partner of a BICON. INC. national firm; his professional experience includes a period of service with Baker Tilly, Liberia (then VOSCON INC) and PKF, Liberia at senior management levels (Before joining BICON, Inc.), Dr. Wolokolie is a recognized, professional accountant, auditor and tax practitioner in Liberia and has served as Engagement Manager in-charge of Audit and Tax with as well as Audit Supervisor at Baker Tilly, Liberia (then VOSCON, INC) and PKF, Liberia respectively in Monrovia. He also served as Director of the Internal Audit Division at the Ministry of Finance under a definite World Bank / GOL contract. Dr. Wolokolie is an adjunct lecturer of Auditing, Taxation and Accounting at the Arthur Barclay Business College of the Stella Maris Polytechnic and the Financial Management Training Program (FMTP), graduate school, of the University of Liberia and financed by the Ministry of Finance and Development Planning through a World Bank-funded project. He has spoken at various professional gatherings and forums in several workshops and seminars in and out of Liberia.

Samora is a multi-skilled, business consultant. His successful track record as a high-level consulting and risk management, tax and audit practitioner in competitive national and international markets has required, a willingness to appreciate, learn and successfully employ skills in a number of key multi-disciplinary areas. Samora’s skill sets and prior experience include:

• Business evaluation and Corporate Strategy• Corporate Governance, Risk Management, and Internal Audit• Process Mapping and the Design / Implementation of Control Systems• Financial Management• Corporate Financial and Regulatory Reporting• Audit and Assurance (External and Internal)• Project Management, training, and Human Resource Management

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  13386 Hits

IFB for Procurement of Air Tickets (LRA)

IFB for Procurement of Air Tickets

  451 Hits

IFB for Stationery Office Supplies (LRA)

IFB for Stationery  Office Supplies

  445 Hits

Cleaning Materials (LRA)

Cleaning Materials

  513 Hits

GoL, African Development Bank (AFDB) Sign US$10M for Budget Support

Finance Minister Hon Samuel D Tweah Jr and Mr Orison M Amu Country Manager of the Country Office of the African Development signs 10M as Budget SMonrovia, Liberia - The Minister of Finance and Development Planning Hon. Samuel D. Tweah, Jr. on behalf of the Government of Liberia and the African Development Bank Country Manager Mr. Orison M. Amu have signed US$10 M as budget support to the Government of Liberia in order to meet its balance of payments obligations, as well as driving the objectives of the Pro-Poor Agenda for Prosperity and Development (PAPD).

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  1674 Hits

Happy Eid Ul Adha

Monrovia, Liberia - 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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  1752 Hits

LIMPAC Completes First Capacity Building Training Circle For MFDP Staff; 80 Staff Received Certificates

LIMPAC80CycleMonrovia, Liberia - The Liberia Macroeconomic Policy Analysis Center (LIMPAC) at the Ministry of Finance and Development Planning with support from the African Capacity Building Foundation (ACBF) has completed circle one of its capacity building training program. The first circle training, which lasted over the period of three weeks, focused on the usage of MS-Word for report writing and Ms. Excel for data calculation and analysis attracted trainees and employees from different departments and units of the Ministry of Finance and Development Planning.

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  1640 Hits

Finance and Development Planning Minister Launches Lux Talk

To Stimulate Growth of Intellectual Excellence at Nation’s Highest Institute of Learning
Monrovia, Liberia - Finance and Development Planning, Minister Hon. Samuel D. Tweah, Jr., has expressed the need for the re-birth of intellectual excellence at the country’s highest institution of learning, the University of Liberia.

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  1621 Hits

National Budget FY 2018/19

National Budget FY 2018/19

  1641 Hits

Deputy Minister of Economic Management Speaks At Poverty Confab in China

Deputy Minister for Economic Management Hon Augustine Flomo speaking at Africa China Poverty Reduction and Development Conference in Beijing China Deputy Finance Minister for Economic Management Augustus J. Flomo has expressed the need for China to transfer its knowledge and skills in helping Africa to alleviate poverty, as the continent make efforts to achieve the SDG Pillar I by 2030.

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  1678 Hits

MCC-Liberia Holds Retreat in Buchanan, Grand Bassa County

Participants in a working mood at the RetreatBuchanan, Grand Bassa - The Millennium Challenge Corporation Compact Eligibility Team has held a two-day retreat in Buchanan, Grand Bassa County from August 10-11 in order to engage in participatory strategic planning involving members of the MCC Compact Eligibility Indicator Technical Working Group to review the FY17-18 Indicator Performance Plans and develop strategies for the FY18-19 MCC Compact eligibility program activities.

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  1763 Hits

European Union Provides US $21.5 Million for Lot 1 of the Consolidation of Monrovia Electricity Transmission Project

Monrovia, Liberia - The Government of Liberia and MBH limited have signed an agreement valued at US $18.5 million Euros, amounting to US$ 21.5 million for Lot 1 of the Consolidation of Monrovia Electricity Transmission Project.

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  1612 Hits

LIMPAC collaborates with BADEA and ACBF to provide Capacity-Building and “Seed Funds” to women cooperatives in Liberia!!!!!

Monrovia, Liberia - The Government of Liberia through the Macroeconomic Policy Analysis Center (LIMPAC) at the Ministry of Finance and Development Planning with support from the Arab Bank for Economic Development in Africa (BADEA), and the African Capacity-Building Foundation (ACBF) will shortly provide capacity-building training for 60 Liberian women entrepreneurs and women in agriculture from September 19th to 21st, 2018.

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  1611 Hits

Grant Coordinator

Grant Coordinator 

  521 Hits

Program Officer, Finance Officer , Accountant, Compliance Officer , Public Relations Consultant and Administrative Assistant (National Road Fund office)

Program Officer, Finance Officer, Accountant, Compliance Officer, Public Relations Consultant and Administrative Assistant (National Road Fund office)

  512 Hits

Renewing the Ambition that Drove Our Nation’s Founding an Oration Delivered By Samuel D. Tweah, Jr on the Occasion of the One Hundred and Seventy-First Anniversary of the Declaration of Independence of the Republic of Liberia

Renewing the Ambition that Drove Our Nation’s Founding an Oration Delivered By Samuel D. Tweah, Jr on the Occasion of the One Hundred and Seventy-First Anniversary of the Declaration of Independence of the Republic of Liberia.

  761 Hits

Address by Honourable Augustus J. Flomo Minister for Economic Management : "Ministerial Segment of the High-Level Political Forum On Sustainable Development, Covening Under The Auspices of the Economic and Social Council"

Address by Honourable Augustus J. Flomo Minister for Economic Management: "Ministerial Segment of the High-Level Political Forum On Sustainable Development, Convening Under The Auspices of the Economic and Social Council"

  1126 Hits

France and GoL Sign 5 million Euros Financing Agreement for Budget Support to Liberia

Loan5MDSC 0287Monrovia, Liberia - The Minister of Finance and Development Planning Hon. Samuel D. Tweah, Jr. on behalf of the Government of Liberia and the French Ambassador Terrence Wills along with the Director of the French Development Agency Bruno Leclerc both representing the French government have signed a 5 million Euros financing agreement that will provide budget support to Liberia.

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  1737 Hits

Ministry of Finance & Development Planning 2016 Annual Report

Ministry of Finance & Development Planning 2016 Annual Report

 

  950 Hits

ACBF to increase support for Liberia;Promises capacity building support toward the achievement of Liberia’s Pro-Poor Agenda

limpacThe African Capacity Building Foundation (ACBF) has reaffirmed its support to the rebuilding process of Liberia under the current leadership of President George Manneh Weah. Making the promise during a side meeting with Liberian delegation at the 27th Annual meetings of the Board of Governors of the ACBF held in the Cameroon Capitol of Yaoundé, the ACBF’s Executive Secretary, Professor Emmanuel Nnadozie expressed his gratitude to the people of Liberia for the orderly and peaceful 2017 elections, which ushered in the democratic regime of H.E. George Manneh Weah.

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  1887 Hits

Public Service Announcement

THIS is A REMINDER for all Government Ministries and Spending Entities that have not submitted their entities’ payroll for the month of July 2018 to the Ministry of Finance and Development Planning to do so on or before close of Day on Sunday , July 22, 2018.

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  1621 Hits

Assignment Title: An Agricultural Sector Expert to Strengthen the Capacity of the LRA’s Natural Resources Tax Section

Assignment Title: An Agricultural Sector Expert to Strengthen the Capacity of the LRA’s Natural Resources Tax Section  

  450 Hits

LIMPAC/MFDP Boosts Enrollment at University of Liberia - Provides L$2M as Financial Aid to ULSU and other Campus-Based Organizations

DTwehconfirmationDSC 0071Monrovia, Liberia - In its continuous effort aimed at supporting human capacity development in the country, the Liberia Macroeconomic Policy Analysis Center (LIMPAC) at the Ministry of Finance and Development Planning has contributed more than LD$2 million to support financial aid schemes of the University of Liberia Student Union ULSU and other campus-based organizations at the state-owned University of Liberia for the ensuing semester of academic year 2018/2019.

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  1637 Hits

MFDP Holds Three Days Capacity Building Workshop for Accountants and Comptrollers across Spending Entities

Hon. Janka A Kowo in an interview at the IPSAS workshop in Grand Bassa CountyBuchanan, Grand Bassa - The Government of Liberia through the Office of the Comptroller and Accountant General of the Republic of Liberia with support from the African Development Bank (AFDB) has conducted a three-day workshop aimed at improving the preparation of IPSAS compliant financial reporting for all spending entities.

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  1642 Hits

Transitional Turnover Note Ministry of Finance & Development Planning

Transitional Turnover Note Ministry of Finance & Development Planning

  834 Hits

FY2017/2018 Quarter I Development Assistance Report

FY2017/2018 Quarter I Development Assistance Report

  749 Hits

FY2017/2018 Quarter II Development Assistance Report

FY2017/2018 Quarter II Development Assistance Report
  788 Hits

Finance Ministry Dedicates First-Ever Economic Forecasting and Training Lab -- As Minister Underscores the Essence of Lab for Macroeconomic Forecasting

LIMPAC 002Monrovia, Liberia - In its bid to enhance the assessment and analysis of the economy, as well as the quality of economic forecasting to adequately inform fiscal policies, and in order to continue to improve the technical capacities of technicians at the Ministry, The Ministry of Finance and Development Planning, Monday, July 3, 2018, officially dedicated its first-ever economic forecasting and training lab with support provided by the African Capacity Building Foundation.

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  1708 Hits

RCU Quarterly Newsletter for Publication

RCU Quarterly Newsletter for Publication

  828 Hits

World Bank Group Executive Director for Liberia Andrew N. Bvumbe Arrives in Liberia on Saturday, June 30

Mr. Andrew N. BvumbeMonrovia, June 29, 2018 - The World Bank Group Executive Director for Liberia, Mr. Andrew N. Bvumbe, arrives in Liberia on Saturday, June 30, for a five-day official visit. During this visit, he will be discussing opportunities to promote growth, value additions and economic diversification. The Executive Director will visit project sites.

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  2180 Hits

World Bank Provides US 11.07Million Grant for Early Childhood Education

11MECHLMonrovia, Liberia - The Government of Liberia and World Bank have signed a grant agreement totaling US$11.07 million.
According to the Grant Agreement, the Grant will provide a four-year support to Liberia’s Getting to Best in Education Project and will specifically aim at improving equitable access to Early Childhood Education (ECE), teachers’ quality in ECE and primary education, as well as, strengthening national school accountability systems.

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  1872 Hits

Database Design And Development Consultant

Database Design And Development Consultant

  480 Hits

Recruitment of A Policy Analyst

Recruitment of A Policy Analyst

  511 Hits

Recruitment of A Natural Resource Management Consultant

Recruitment of A Natural Resource Management Consultant

  516 Hits

Happy Ramadan

The Senior Management Team Headed by Hon. Samuel D. Tweah, Jr. and Employees of the Ministry of Finance and Development Planning  wish all our Muslim Brothers and Sisters A Happy Ramadan.

  1816 Hits

Domestic Resource Mobilization Is Critical To Liberia’s Debt Sustainability - Finance Minister Samuel Tweah Tells OECD At Signing In Paris, France

Tax Matters at the OECD  3Paris, France - The Honorable Minister of Finance and Development Planning Hon. Samuel D. Tweah, Jr. has emphasized that in the light of the country’s ambitious Pro-Poor Development Agenda, domestic resource mobilization is critical to Liberia’s debt sustainability.

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  1810 Hits

Latest Press Release

11 May 2021
Press Release
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 Uni...
06 May 2021
Press Release

Today, May 6, we celebrate the birth anniversary of the Honorable Minister of Finance and Development Planning, Samuel D. Tweah, Jr.

Calendar

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Location

P. O. Box 10 - 9016
Broad & Mechlin Street
1000 Monrovia
info@mfdp.gov.lr

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