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Jubilations Ensue Across Liberia as Government Announces Comprehensive Salary Enhancements in FY 2025 Budget - No Civil Servant is to take Less Than US$150

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Monrovia, Liberia - The Government of Liberia has announced that no central government employee earning below the US$150 minimum monthly salary threshold, as stipulated by the Decent Work Act of 2015, will receive less than US$150 in gross monthly compensation beginning next year. 
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IMF Concludes Successful Mission to Liberia on Extended Credit Facility Program Review

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Monrovia, Liberia: The International Monetary Fund (IMF) has completed a two-week mission to Liberia, reviewing critical issues related to the country’s Extended Credit Facility (ECF) program. The mission, which focused on assessing the progress made since the approval of the ECF in September, was marked by productive engagements between the IMF team and the Liberian government.

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Media Engagement: Minister of Finance & Development Planning, Hon. Augustine Kpehe Ngafuan, to Address MICAT Regular Press Briefing

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Date: November 19, 2024
Time: 12:00 PM
Location: Charles Gbenyon Conference Room, Ministry of Information, Cultural Affairs, and Tourism (MICAT), Monrovia

Monrovia, Liberia - The Ministry of Finance & Development Planning (MFDP) is pleased to announce that the Minister of Finance & Development Planning, Hon. Augustine Kpehe Ngafuan, will address the regular press briefing hosted by the Ministry of Information, Cultural Affairs, and Tourism (MICAT) tomorrow, November 19, 2024, at 12:00 PM. During the briefing, Minister Ngafuan will provide detailed information on the draft national budget.

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President Boakai Presents FY2025 Draft National Budget to the National Legislature

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𝐂𝐚𝐩𝐢𝐭𝐨𝐥 𝐇𝐢𝐥𝐥, 𝐌𝐨𝐧𝐫𝐨𝐯𝐢𝐚 -  His Excellency President Joseph Nyuma Boakai, Sr. earlier today, presented the Fiscal Year 2025 Draft National Budget to the National Legislature in the amount of US US$851.8 Million (comprising Core Revenue of US$833 Million and Contingent Revenue of US$18.8 Million) to the Presiding Officer of the House of Representatives through the Chief Clerk.

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USAID, Liberia Sign US$114.4 Million Dollar Grant Agreement

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Monrovia, Liberia: The United States Agency for International Development (USAID) and the Government of Liberia (GOL) have signed Amendments 14 and 15 to the Development Objective Grant Agreement (DAOG).
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MFDP and KOICA Sign Memorandum of Understanding for Enhanced Development Cooperation In Liberia

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Monrovia, Liberia - The Ministry of Finance and Development Planning (MFDP) and the Korea International Cooperation Agency (KOICA) have officially signed a Memorandum of Understanding (MOU) aimed at deepening development cooperation between the two nations. 
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Government and Partners Begin Validation of Draft AAID, Set End of November for Official Launch

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Monrovia, Liberia - Finance and Development Planning Minister Hon. Augustine Kpehe Ngafuan says the ultimate goal of the ARREST Agenda for Inclusive Development is to improve the economic and human development indicators of the people.

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Liberian Delegation Held Meetings with MCC, US State, and Treasury Departments

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Washington- Finance and Development Planning Minister Augustine Kpehe Ngafuan has outlined progress made by the Boakai’s Administration for Liberia"s eligibility for the second Compact of the Millennium Challenge Corporation (MCC).
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Be Accountable and robust for Effective Service Delivery, Say Hon. Nettey 

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Buchanan, Grand Bassa - Comptrollers and Accountants across Ministries and Agencies have been urged to be accountable and robust for effective service delivery.
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External Resources

The unit ensure a professional and result oriented relationship with the donor community thereby improving aid effectiveness and harnessing transparency, with the GoL playing more leadership role in the management of external aid and other resources.

The unit is responsible to produce periodic reports and policy papers on external assistance ensuring a regular and timely dissemination of such reports to stakeholders.

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Liberia Macroeconomic Policy Analysis Center

Conduct evidence-based research to inform the design and implementation of public policy that promotes sustainable economic growth and development in Liberia.

Play advisory services to the Minister of Finance and other departments within the ministry of Finance and Development Planning and provide capacity support to government functionaries to improve resource allocation and service delivery through sound economic and public financial management.

Conduct capacity building and support training needs for public sector employees.

Partner with key data-generating institutions to collect, validate, update, and publish socioeconomic data at the administrative district levels of Liberia to facilitate and increase independent research studies on Liberia.

 

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NGO Coordination Unit

Registration and Accreditation: The Unit handles the registration and accreditation of all NGOs operating in Liberia, ensuring they meet legal and operational requirements.

Projects Verification: The Unit is responsible for project verification implemented by NGOs to ensure alignment with Liberia’s development goals, including the Sustainable Development Goals (SDGs).

Coordination and Collaboration: It coordinates with various government ministries, agencies, and development partners to facilitate effective collaboration and avoid duplication of efforts between NGOs and the government.

Capacity Building: The Unit provides technical support and training to NGOs, helping to strengthen their operational capacity, enhance their programming, and align their work with national priorities.

Policy Advisory: The Unit contributes to policy formulation regarding NGO activities and development strategies, providing insights and recommendations to ensure a cohesive approach to national development.

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National Authorizing Office

The National Authorizing Office represents the Government of Liberia in all operations financed from the European Development Fund managed by the European Union.

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Government Reports Success in Public Financial Management Reforms

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Buchanan, Grand Bassa - Deputy Finance Minister for Administration at the Ministry of Finance and Development Planning (MFDP) Hon. Bill McGill Jones has expressed his satisfaction with the significant achievements of the Public Financial Management Reform for Institutional Strengthening Project (PFMRISP) implemented across the government. The initiative, Minister McGill Jones said, follows the Integrated Public Financial Management Reform Project (IPFMRP) and has been rolling out for the past five years.

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EBID, other Development Partners are invited to Liberia for More Transformative projects, say Hon. Ngafuan

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Washinton, DC - Liberia’s Finance and Development Planning Minister, Hon. Augustine Kpehe Ngafuan has invited the ECOWAS Bank for Investment and Development (EBID) and other Development partners to Liberia for more transformative projects that will align with the country's National Development Plan, the ARREST Agenda for Inclusive Development (AAID).
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Minister Ngafuan Chairs 28th Statutory Meeting of The Africa GROUP 1 Constituency Panel Meeting.

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Washington DC: On the sidelines of the 2024 Annual Meetings of the World Bank/ International Monetary Fund, Liberia’s Finance and Development Planning Minister, Hon. Augustine Kpehe Ngafuan has called for an increase in the employment of Africans at the World Bank.

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Finance and Development Planning Minister Augustine Kpehe Ngafuan Departs Liberia for Washington DC 

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Monrovia, Liberia - Liberia's Minister of Finance and Development Planning, Hon. Augustine Kpehe Ngafuan departs Liberia for Washington DC this weekend as head of government delegation at the upcoming annual meetings of the World Bank and the International Monetary Fund, which will be held from 21- 26 October 2024 

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  347 Hits

Finance and Development Planning Minister Confirms Government’s Efforts to Enhance Civil Servants' Salary

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Monrovia, Liberia - Finance and Development Planning Minister Hon. Augustine Kpehe Ngafuan has reaffirmed the government’s commitment to improving the financial status of civil servants.
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Ministry of Finance appreciates outgoing AFDB Country Manager Dr. Benedict S. Kanu

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Monrrovia - Liberia: The Ministry of Finance and Development Planning on Wednesday, held an appreciation program for outgoing African Development Bank Country Manager Dr. Benedict S. Kanu, for his remarkable and impactful work in Liberia.
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Liberia’s Finance Minister Augustine Kpehe Ngafuan Engages Private Sector Leaders to Foster Economic Growth

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Monrovia, Liberia - In a significant step towards strengthening collaboration between the government and the private sector, Liberia’s Finance Minister Augustine Kpehe Ngafuan met with key members of the private sector at an inaugural interactive session held at a local hotel in Monrovia on Tuesday.
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Deputy Finance & Development Planning Minister Bill McGill Jones Appointed to Lone Star Men Football Team Mobilization and Fundraising Committee

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Monrovia, Liberia - The Liberia Football Association (LFA) has announced the appointment of Deputy Finance and Development Planning Minister for Administration, Bill McGill Jones, to the Lone Star Men Football Team Mobilization and Fundraising Committee.

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  331 Hits

MFDP and LIPA Sign Memorandum of Understanding to Enhance Skills of 221 Employees of MFDP

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Monrovia, Liberia -  The Ministry of Finance and Development Planning (MFDP) and the Liberia Institute of Public Administration (LIPA) have signed a Memorandum of Understanding (MOU) aimed at enhancing the skills of 221 staff members at the MFDP..
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Deputy Minister Brunson Stresses Importance of Legislative Participation in County Development Agendas

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Monrovia, Liberia -– Deputy Minister for Budget and Development Planning, Tanneh G. Brunson, has underscored the crucial role of legislators in formulating County Development Agendas. 
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The UK Ambassador Reinforces Commitment to Liberia’s Development During Courtesy Call with Minister of Finance and Development Planning, Hon. Augustine Kpehe Ngafuan.

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Monrovia, Liberia -  The United Kingdom's Ambassador to Liberia, Neil Bradley, has met with the Honorable Minister of Finance and Development Planning, Augustine Kpehe Ngafuan, to reaffirm the UK’s ongoing support for Liberia's development initiatives.
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Deputy Finance Minister Emphasizes Community Input in FY 2025 Budget Drafting Process During Legislative Engagement in Monrovia

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Monrovia, Liberia -  Deputy Finance and Development Planning Minister for Administration, Bill McGill Jones, announced on Monday that the Fiscal Year 2025 Budget and succeeding budgets under the current regime will be shaped by insights gathered from ongoing consultations regarding the National Development Plans (NDPs). 
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Minister Ngafuan Champions Grassroots Needs in National Development Planning

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Monrovia, Liberia - Finance and Development Planning Minister Augustine Kpehe Ngafuan has emphasized the importance of merging national-level development aspirations with districts and counties development needs.
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IMF’s Board and Management Approve US$210 Million for Liberia

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Monrovia, Liberia - The International Monetary Fund Management and Executive Board have approved a 40-month Extended Credit Facility (ECF) arrangement in the tone of US$210 Million for Liberia.
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Minister of Finance and Development Planning, Honorable Ngafuan receives the IMF New Country Representative to Liberia

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Monrovia, Liberia -  As part of his engagements with international partners, Finance Minister Hon. Augustine Kpehe Ngafuan has received in audience the Country Representative of the International Monetary Fund (IMF).
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Liberian Government takes the budget to the people through the National Open Budget launch in Bong County

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Gbarnga, Bong County -  The Government of Liberia, through the Ministry of Finance and Development Planning, and her partner – Local Empowerment for Accountability and Decentralization (USAID LEAD) have launched its nationwide Open Budget Initiative (OBI) for FY2024 and pre-budget consultations for FY2025.
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Open Budget Initiative (OBI) Outreach & Consultations Starts Nationwide

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Monrovia, Liberia - The Government of Liberia through the Ministry of Finance & Development Planning (MFDP) has announced the launch of a nationwide FY2024 Open Budget Initiative and FY2025 Pre-Budget Consultations across the county.
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Minister Ngafuan Highlights U.S. Contributions to Liberia's Development 

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Monrovia, Liberia - Finance and Development Planning Minister, Hon. Augustine Kpehe Ngafuan has emphasized the significant role of the United States in Liberia's development during a courtesy meeting with U.S. Ambassador Mark Toner. 
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"For the first time." GoL projects are uploaded on Liberia’s Project Dashboard.

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Monrovia, Liberia - The Government of Liberia, through the Ministry of Finance and Development Planning, is committed to transparency and accountability by publishing internal and external development assistance programs and projects for the first time on the Liberia Project Dashboard.

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Minister Ngafuan discloses that the automation of government transaction processes will increase accountability.

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Monrovia. Liberia - The Minister of Finance and Development Planning of Liberia, Augustine Kpehe Ngafuan, announced the full automation of government transaction processes to increase accountability across all sectors.
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Gbarnga to Host Landmark Consultations for Persons with Disabilities

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Monrovia, Liberia, September 19, 2024 - ln a significant step towards inclusivity, participatory, and equitable development, the Government of Liberia will hold a two-day consultative meeting with persons with disabilities (PWDs) from September 19-20, 2024, beginning at 9:00 a.m. at the Women Center in Gbarnga, Bong County.

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Minister Ngafuan calls for robust Development cooperation to drive Liberia's economy

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Monrovia, Liberia - Liberia's Finance and Development Planning Minister, Hon. Augustine Kpehe Ngafuan, has expressed the need for robust development cooperation to drive the economy and foster growth across all sectors.

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Super BOSA Honors Finance Minister Augustine Kpehe Ngafuan in Heartfelt Sendoff 

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Barnesville, Liberia – In a touching display of camaraderie and respect, the Barnesville Sports Association (Super BOSA) held a sendoff event for Finance and Development Planning Minister Augustine Kpehe Ngafuan, celebrating not only his appointment but also his enduring relationship with the community. 
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Blocking/Suspension of Unverified Individuals on the National Payroll

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In addition to the circular memo of August 29, 2024, the MFDP and CSA will also the following measures:

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GOL Adopts Two Financial Management Instruments

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Monrovia, Liberia -  The Government of Liberia has adopted two key public financial management regulations: the Amended and Restated Public Financial Management Regulations and the Revenue Sharing Regulations.
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 Liberia Holds Validation to Shape National Position for Global Summit of the Future

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Monrovia, Liberia - : Liberia has embarked on a series of consultations to gather and validate inputs for a well-informed and inclusive national position ahead of the Global Summit of the Future. 
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Senate Confirms Hon.Ngafuan as Minister of Finance and Development Planning

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Monrovia, Liberia - The Plenary of the Liberian Senate has voted to confirm Augustine Kpehe Ngafuan as Minister of Finance & Development Planning.
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Ngafuan Recommends Revision of Salary Harmonization

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Monrovia, Liberia -  Finance & Development Planning Minister Designate, Augustine Kpehe Ngafuan, has vowed to conduct a thorough review of the GOL Salary Harmonization Program.
Ngafuan told members of the Ways, Means, Finance, and Budget Committee during his confirmation hearing on Thursday, September 5, 2024, that there have been concerns about the implementation of the policy introduced by the previous administration.
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Statement Delivered by Augustine Kpehe Ngafuan, Minister of Finance and Development Planning-Designate at His Confirmation Hearing Before the Ways, Means, Finance, and Budget Committee of the Honorable Liberian Senate

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Mr. Chairman and members of the Ways, Means, Finance, and Budget Committee, I come in genuflection to the Almighty God, the Omnipotent, the Omniscient, and the Omnipresent, who has made this day possible. I lift profuse thanks to President Joseph Nyuma Boakai for the faith he has reposed in me by nominating me to lead our nation's fiscal house. I thank the leadership of the Honorable Liberian Senate, the Chair and members of the Ways, Means, Finance, and Budget Committee as well as the entire Liberian Senate for giving me this opportunity to discuss the vision I intend to pursue if confirmed for the position of Minister of Finance and Development Planning.

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South Sudan Delegation Embarks on Week-Long Study Tour in Liberia to Explore Public Financial Management and Human Resource Systems

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Monrovia, Liberia  – A Republic of South Sudan delegation, led by Gatluak Gac Choul, Deputy Director of Integrated Financial Management Information System (IFMIS) at the Department of Treasury Operations, has arrived in Liberia for a week-long study tour aimed at examining Liberia’s Public Financial Management (PFM) and Human Resource (HR) systems and reforms.
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Liberia, IMF Reach US$ 209 million Staff-Level Agreement for ECF Support - Acting Finance Minister Myers Discloses 

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Monrovia, Liberia - Liberia’s Acting Minister of Finance and Development Planning Hon. Anthony G. Myers has disclosed that the International Monetary Fund Staff and the Liberian authorities have reached a staff-level agreement on a comprehensive set of policy priorities to support a new 40-month Extended Credit Facility (ECF) arrangement. 
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Government of Liberia (GoL) Develops Digital Survey Platform to Solicit Liberian Diaspora’s Inputs into the Formulation of the new National Development Plan - The ARREST Agenda for Inclusive Development (AAID).

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Monrovia, Liberia - The Government of Liberia, through the Ministry of Finance and Development Planning, has partnered with Subah-Belleh Associates, a local Liberian firm to develop a five-year development plan referred to as the ARREST Agenda for Inclusive Development (AAID).

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“Bridge the generational gaps by building generational wealth”, Hon. Dehpue Zuo tells graduates

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Nimba County, Liberia - Graduates of Nimba University have been urged to bridge the generational gaps by building generational wealth through educational skills and talents for a new Liberia.
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Ministry of Finance Submits Draft Recast Budget to National Legislature

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Monrovia, Liberia - The Government of Liberia, through the Ministry of Finance and Development Planning, has submitted the draft recast budget for Fiscal Year 2024 to the Liberian Legislature. 
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Montserrado County Consultation Concludes with Strong Citizen Engagement 

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Montserrado County, Liberia - Montserrado County Consultation intended for the formulation of the ARREST Agenda for Inclusive Development, Public Sector Investment Program (PSIP), and County Development Agendas (CDAs), concluded on Thursday, August 15, 2024, with an inspiring display of community involvement and commitment to national development. 
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Acting Finance Minister Anthony Myers Explains Budget Disaggregation

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Monrovia, Liberia - Liberia’s Acting Minister of Finance and Development Planning, Hon. Anthony G. Myers, has clarified the concept of budget disaggregation. He explained that budget disaggregation is not limited to institutions located in the counties but applies to any institution with active ongoing operations in those counties.
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Liberia and the European Union Reinforce Partnership at the 12th European-Liberia Dialogue

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Monrovia, Liberia – The 12th European-Liberia (EU) Partnership Dialogue has ended in Monrovia with reinforced commitment of the bloc and Liberia relations for the next twelve months committing to work in line with the proposed ARREST Agenda for Inclusive Development. 
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  491 Hits

Liberian Government Holds National Development Plan County Consultation in Sanniquellie, Nimba County: Engaging Citizens for an Inclusive Development

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 Sanniquellie, Nimba County, Liberia — As part of efforts aimed at crafting a comprehensive National Development Plan, the Liberian government convened a consultative meeting in Nimba County on Monday, August 12.
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Acting Finance Minister Hails Outgoing IMF Resident Representative for Liberia, Aidar Abdychev, Amidst Key ECF Negotiations

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Monrovia, Liberia – The Ministry of Finance & Development Planning (MFDP) has honored the works of the Resident Representative of the International Monetary Fund (IMF) Aidar Abdychev for his tour of duty in Liberia.
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Lofa County Sets Ambitious Development Agenda: A Blueprint for Progress

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 Lofa County - At a vital time for Lofa County, delegates concluded a momentous consultation session that will shape the future of the National Development Plan and the County Development Agenda.
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Agriculture, Road and Tourism are potential elements for National Investment across the country, says Hon. Anthony Myers

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Monrovia- Liberia - Acting Finance and Development Planning Minister, Hon. Anthony G. Myers says Agriculture, Road and Tourism are potential elements for National Investment across the Country.
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  464 Hits

Government Reinforces Commitment to Inclusive Governance through National Development Plan Consultations

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Monrovia, Liberia - Data collection for the formulation of a National Development Plan (ARREST Agenda for Inclusive Development) and its implementation has received a major pledge of support.  
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Score Wave 4 Highlights Need for Social Cohesion in Liberia's Development

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Monrovia, Liberia: The Liberia Peacebuilding Office under the Ministry of Internal Affairs has released a report on the Social Cohesion and Reconciliation Index (SCORE Wave 4) today, July 30, 2024, aimed at guiding the preparation of Liberia's National Development Plan (NDP), the 15 Counties Development Agendas (CDAs), and the Public Sector Investment Plan (PSIP).
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Phase Two of District Consultations Underway Across Liberia

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Monrovia, Liberia - Two of ongoing district consultations intended for the formulation of Liberia’s National Development Plan (ARREST Agenda for Inclusive Development) is in advance stages, with discussions being held across the country to ensure that the development agenda reflects the needs and aspirations of local communities.
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Acting Finance Minister wants SOE strategies to align with the ARREST Agenda. 

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Monrovia, Liberia - Liberia's Acting Finance and Development Planning Minister, Hon. Anthony G. Myers, has urged all state-owned enterprises (SOEs) to align their corporate strategies with the ARREST Agenda for Inclusive Development across the country.
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Sweden Commits $5 Million Grant for Feeder Road Construction in Three Counties

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Monrovia, Liberia — The Liberian-Swedish Access Driven Rural Development Program (LISA) has extended its project by two years, moving into the third phase of the initiative.
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  707 Hits

Government of Liberia Begins National Development Plan Consultations Across Liberia

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Monrovia, Liberia - The Ministries of Finance and Development Planning, and Internal Affairs, with support from the United Nations and the Government of Sweden, have initiated District and County Consultations for crafting Liberia's National Development Plan.

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Acting Finance Minister Myers Urges Inclusive Approach to National Development

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Monrovia, Liberia - Acting Minister for Finance and Development Planning Anthony G. Myers emphasized the importance of an inclusive, consultative, and community-driven approach in advancing Liberia's National Development Planning process.
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President Boakai formally launches processes leading to crafting of ARREST Agenda for Inclusive Development

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Monrovia, Liberia - Liberian President Joseph Nyuma Boakai, Sr., has initiated the formal processes for developing the ARREST Agenda for Inclusive Development (AAID), which includes the Public Sector Investment Plan (PSIP) and the fifteen County Development Agendas (CDAs).
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Liberian Economy Stable as Growth Rate Stands at 5.1 Percent, Acting Finance Minister Discloses

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Monrovia, Liberia - The Acting Minister of Finance and Development Planning, Hon. Anthony G. Myers, has provided a mid-year update on the state of the Liberian economy, projecting a growth rate of 5.1 percent.
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Acting Minister appearance at MICAT Special press conference to be held at MICAT tomorrow

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Ministry of Finance climaxed a three-day working session on the PFM Strategy & Action Plan

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Monrovia, Liberia - The Ministry of Finance and Development Planning through the Reform Coordination Unit has climaxed a three-day working session on the Public Financial Management Strategy and Action Plan.

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Government Agencies Collaborate to Address Coastal Resilience for Vulnerable Communities in Sinoe County

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Monrovia, Liberia - The Government of Liberia, through the Ministry of Finance and Development Planning (MFDP), along with the Ministries of Mines & Energy, the Environmental Protection Agency, and Public Works, has signed a contract to enhance the resilience of vulnerable coastal communities in Sinoe County.

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President Boakai Appoints Anthony Myers as Acting Finance Minister

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Monrovia, Liberia - President Joseph Nyumah Boakai has appointed Anthony Myers as the Acting Minister of Finance and Development Planning.
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Government Holds Consultative Meetings before National Development Plan Consultations 

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Monrovia, Liberia – The Government of Liberia, through the Ministry of Finance and Development Planning (MFDP), in collaboration with various ministries, agencies, and key stakeholders, held discussions today to launch consultations for the upcoming national development plan.

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Finance Minister Advocates for Increased Partner Support in Shaping National Development Agenda

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Monrovia, Liberia: Boima S. Kamara, Liberia's Minister of Finance and Development Planning, is urging international partners and allies to remain dedicated to supporting the country's development efforts.

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Liberia Secures $80 Million in Financing for Governance and Energy Initiatives

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Monrovia, Liberia - The government of Liberia, through the Ministry of Finance & Development Planning (MFDP), and the world bank have signed two separate financing agreements worth 80 million us dollars.

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IMF to Conclude Visit and Address Media on Extended Credit Facility Program

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Monrovia, Liberia - The International Monetary Fund (IMF) delegation, led by Daehaeng Kim, will conclude its mission in Monrovia this weekend.

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Finance Minister Kamara Apologizes to Lawmakers for Absence, Citing Medical Reasons

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Monrovia, Liberia -  Finance and Development Planning (MFDP) Minister, Hon. Boima S. Kamara, has apologized to the Plenary of the House of Representatives for what the House described as his persistent refusal to respond to their invitations.

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Ministry of Finance & Development Planning (MFDP) Announces New Measures to Enhance Working Conditions and Employee Benefits

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Monrovia, Liberia - The Ministry of Finance and Development Planning (MFDP) has announced several new measures aimed at improving working conditions at the Ministry.

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Liberia Reaffirms Commitment to IMF Partnership and Fiscal Prudence

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Monrovia, Liberia - The mission of the International Monetary Fund is visiting Monrovia to assess the possibility of providing financial support under the Extended Credit Facility (ECF). Speaking at the start of the engagements on Monday, June 24, 2024, at the Ministry of Finance and Development Planning, IMF Mission Chief Daehaeng Kim DK said he is excited to be in Liberia as part of the assessment of the Extended Credit Facility (ECF) for the country.

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International Monetary Fund (IMF) Delegation Visits Liberia for Extended Credit Facility (ECF)/New Country Program Negotiations (June 24-July 5, 2024)

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Monrovia, Liberia - A high level delegation from the International Monetary fund (IMF) led by Daehaeng Kim DK visits Monrovia from June 24 to July 5, 2024 to negotiate the Extended Credit Facility (ECF)/New Country Program.

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Inclusive Consultative process across all Counties will lead to a vibrant National Development Road Map, Says Deputy Minister Brunson

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Ganta, Nimba County - Liberia’s Deputy Minister for Budget and Development Planning, Hon. Tanneh G. Brunson, has emphasized the importance of an inclusive consultative process across all counties in Liberia to achieve a comprehensive National Development Roadmap for the country.

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Ministry of Finance and Development Planning Recommits to Adequately Implementing the Government’s Fiscal Agenda

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Monrovia, Liberia - President Joseph Nyumah Boakai on Tuesday, June 11, 2024 commissioned several officials of government. Amongst those commissioned were five officials of the Ministry of Finance and Development Planning. The Finance Ministry officials commissioned at the ceremony were: Deputy Minister for Fiscal Affairs, Hon. Anthony Myers; Deputy Minister for Budget and Development Planning, Hon. Tanneh Brunson;  Deputy Minister for Economic Management, Hon. Dehpue Zuo;  Deputy Minister for Administration, Hon. Bill McGill Jones and the Comptroller and Accounting General.  Hon. Elwood Nettey.

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  696 Hits

Liberia’s Comptroller and Accountant General Calls for a Robust County Treasury Office; Says it’s Key for Service Delivery

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Monrovia, Liberia - The Comptroller and Accountant General of Liberia, Hon Elwood T. Nettey says robust County Treasury Offices (CTOs) are key for service delivery across the fifteen counties.
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  738 Hits

Ministry of Finance Highlights Fiscal Decentralization as Key to the National Policy on Decentralization, as county local leaderships benefit a three-day training

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Monrovia, Liberia - Deputy Finance Minister for Fiscal Affairs Anthony Myers has singled out fiscal decentralization as a stimulus to the implementation of the National Policy on Decentralization and Local Governance.

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  769 Hits

Achieving Sustainable Development, Addressing Key Challenges and Maximizing Available Resources Are Key to the National Development Plan; As MFDP and partners commit to the success of the ARREST agenda

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Monrovia, Liberia - Deputy Minister for Budget and Development Planning, Hon. Tanneh G. Brunson says achieving sustainable development, addressing key challenges and maximizing available resources are key in the implementation of the ARREST Agenda.

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  928 Hits

Minister Kamara Challenges AfDB to Improve its Financing Model to Spur Growth in Special Sectors in Member States

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Nairobi, Kenya - Liberia’s Minister of Finance and Development Planning has challenged the African Development Bank (AfDB) to improve its financing model.

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  739 Hits

Liberia and Canada Renew Economic Cooperation

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Nairobi, Kenya - The Minister of Finance and Development Planning, Hon. Boima S. Kamara, on the sideline of the African Development Bank (AfDB) Annual Board Meeting in Nairobi, Kenya, held a bilateral meeting with the Canadian Ambassador to the African Union, H.E. Mr. Ben Marc Diendere.

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  784 Hits

MFDP Concludes Validation of 2010 Chart of Accounts Manual

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Monrovia, Liberia - The Ministry of Finance and Development Planning through the Department of Comptroller and Accounting General has concluded a validation of the 2010 Chart of Accounts in Kakata, Margibi County.

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  933 Hits

Finance Minister Leaves Liberia this Weekend for the Annual Meetings of the African Development Bank in Kenya

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Monrovia, Liberia - The Minister of Finance and Development Planning of the Republic of Liberia Boima Kamara leaves the country this weekend to attend the Annual Meetings of the African Development Bank in Nairobi, Kenya.The meetings run from May 27-31.
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  681 Hits

GoL Holds Cross Consultative Meeting With MACs on NGOs Sectorial Clearance

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Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning on Wednesday held a day-long consultative meeting with sector ministries, agencies and commissions (MACs) on Non-Governmental Organizations or NGOs sectorial clearance.
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  828 Hits

Finance Ministry Debunks Claims of Corruption in Budget Management System Contract; Commits to Transparency and Fiscal Probity

Monrovia, Liberia -TThe Ministry of Finance and Development Planning officially rejects reports by Spoon FM that the contractual agreement between the Ministry and RoviaGate Technology, LLC, represented by Co-Founder and Chief Executive Officer, Mr. Oliver Wleh Klark, Jr. was influenced by " kickbacks" received by officials of the Ministry.

The contract included the annual update and implementation of the budget management system for Fiscal Year 2024.

RoviaGate Technology, LLC is a 100 percent Liberian-owned core integrated solution information technology (ICT) firm duly registered under the laws of the Republic of Liberia. The Ministry unequivocally states that the contract for the execution of the project was in strict adherence to the regulations of the Public Procurement and Concession Act of 2010.

The Finance Ministry discloses that the project had three options. According to the project document, the first option proposed that “the estimated cost for this project is US $220,000.00 (two hundred and twenty thousand USD) with an expected turnaround time of two (2) weeks after receipt of payment.” However, under the second option, the company put the estimated cost of the project at $200,000.00 (two hundred thousand USD) with an estimated turnaround time of four (4) weeks after receipt of payment.

The third option states that “the estimated cost for this project is US $180,000.00 (one hundred and eighty thousand USD) with an expected turnaround time of eight (8) weeks after receipt of payment.”

The justification for selecting the second option of $200,000.00 (two hundred thousand United States dollars) was based on the four-week (4) turnaround period provided by the vendor and the pressing need to resubmit the draft budget to the legislature, as well as to facilitate the configuration, upgrade, and maintenance services for the Budget Management System to produce the Budget Book for Budget Fiscal Year 2024 (January 1, 2024–December 31, 2024).

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  881 Hits

Finance Ministry Trashes Rumors of Minister Kamara’s Poor Health

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The Ministry of Finance and Development Planning terms as false and misleading that Minister Boima S. Kamara is battling unspecified medical condition which is adversely affecting his management of the Fiscal House. 

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  956 Hits

Profile of the Deputy Minister for Economic Management

Mr. Dehpue Y. Zuo: Deputy Minister for Economic Management, Ministry of Finance and Development Planning. Prior to his appointment, he directed the National Telecommunication Information and Administration (NTIA) at the Tohono O’odham Community College in Arizona, USA. Formerly Co-founder and Executive Director of Partnership for Sustainable Development in Liberia (PSDL), a non-governmental institution focused on macroeconomic policy, development policy and planning, and the domestication and implementation of Sustainable Development Goals (SDGs) interventions in Liberia.

He served as Deputy Minister for International Cooperation and Economic Integration, and Assistant Minister for International Cooperation and Economic Affairs, Ministry of Foreign Affairs of the Republic of Liberia respectively. Macroeconomist/Policy Analyst with the Liberia Macroeconomic Policy Analysis Capacity Building Project (LIMPAC), Ministry of Planning and Economic Affairs and served on the Board of Trustees of two colleges in the Republic of Liberia - Liberia International Christian College and Nimba County University.

Mr. Zuo is a development practitioner, with interest in economic and social development policy research and analysis. He has worked on several economic development policy documents in Liberia. He holds Master of Science degrees in Applied Economics (2022) and Economic Development (2007) respectively, from the Southern New Hampshire University, New Hampshire in the United States of America (USA). He also obtained Master of Arts degree (2005) in Community Development from North Park University, Illinois, USA. He did his Bachelor of Science in Economics (2001) at the University of Liberia. Mr. Zuo is married with six children and two grandchildren.

 

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Deputy Minister Myers Clarifies that Government Achieved 74 Percent Progress in Hundred Days Deliverables; The Figure Constitutes Combined Ongoing and Completed Progress

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Monrovia. Liberia - Confirmed statistical facts presented by the government of Liberia on Friday, May 17, 2024 at a special press briefing held at the Ministry of Information Culture Affairs and Tourism show that the government of Liberia achieved a combined 74 percent of its promised deliverables in its first hundred day in office.

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  793 Hits

"Choose What Matters Most at a Particular Time’’ Madam Koung Urges MFDP’s Women

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Monrovia, Liberia - Madam Synleseh Dahn-Koung, wife of Vice President Jeremiah Koung has urged the Ministry of Finance and Development Planning Professional Women Association to choose what matters most at a particular time in order to enhance growth and productivity.
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  816 Hits

MFDP Denounces ‘Grant’ Publication on a Fake Page in Min. Kamara’s Name

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It has come to the attention of the Ministry of Finance and Development Planning that a Facebook page titled, “Hon. Boima S. Kamara” created on March 29, 2024 claiming to be the “personal page” of the Honorable Minister of Finance and Development Planning and that “ it is not covering the MFDP”.
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  970 Hits

Spending Entities Should Provide Technical Details, Policies Context and Practical Implementation for Budget Execution, says Acting Liberia Finance Minister, Hon. Myers

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Monrovia, Liberia - Liberia Acting Minister of Finance and Development Planning, Hon. Anthony G. Myers has urged all 108 spending entities across government to provide technical details, policies context and practical implementation mechanism for FY 2024 approved budget execution going forward.

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  814 Hits

Grand Bassa Citizens need to take Ownership of Development to enhance Domestic Resource Mobilization for Improved Service Delivery, says Minister Zuo. 

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Liberia’s Deputy Minister for Economic Management at the Ministry of Finance, Hon. Dehpue Zuo has urged citizens of Grand Bassa County to own development as ownership in order to enhance domestic resource mobilization for  improved service delivery across the county.

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  850 Hits

MFDP submits Annual Consolidated Financial Statement

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Monrovia, Liberia - The Ministry of Finance and Development Planning through the Office of the Comptroller and Accountant General made submission of the Government’s Annual Consolidated Financial Statement for FY2023 to the office of the Auditor General and the 55th National Legislature of Liberia.

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  822 Hits

Government Intensifies Electrification of Rural Liberia; As GoL, EU Break Ground for Electricity Facilities for Buchanan and Greenville Cities

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The Government of Liberia will tomorrow make significant stride in its electrification expansion efforts as GoL and European Union breaks ground tomorrow May 3, electricity generation and distribution facilities.
The project is intended for the construction of two separate 33KV electricity distribution networks in the cities of Buchanan and Greenville, respectively.

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  976 Hits

To Impact Lives of ECOWAS Citizens; Deputy Foreign Minister Dr. Nyei Wants Quick Win and Tangible Projects

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Monrovia, Liberia - Liberia Deputy Foreign Affairs Minister for Regional Integration, Dr. Ibrahim Al-Bakri Nyei urged ECOWAS National Technical Committee to identify quick win and tangible projects that will impact lives of community citizens through the ECOWAS Cross-Border Cooperation Support Program (ECBCSP).

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  860 Hits

MFDP Categorically Denies Calling for Project Proposals under a so-called Ministry of Finance and Development Planning and Affirmative Finance Action for Women in Africa (AFAWA) Project.

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Monrovia, Liberia - The Ministry of Finance and Development Planning has categorically denied calling for project proposals under the so-called MFDP/Affirmative Finance Action for Women in Africa (AFAWA) project.

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  760 Hits

Strong PFM, Fiscal Management and Budget Implementation will lead to Economic Growth, Say Assistant Minister Designate for Expenditure

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Monrovia, Liberia - The Assistant Minister Designate for Expenditure, Hon. Dede Sandiman at the Ministry of Finance and Development Planning says a strong Public Financial Management, Fiscal Management and Budget Implementation across spending entities will lead to growth and development.

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  812 Hits

MFDP Clarifies on "Fake" Entrepreneurship Program

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Monrovia, Liberia - The Ministry of Finance and Development Planning informs the public that there is absolutely no entrepreneurship program at the ministry.

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  928 Hits

Eid-ul-Fitr Message from MFDP

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We would like to extend our 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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  1127 Hits

Deputy Minister McGill Jones Applauds Muslim Staffs at Finance for a Successful Fast Month

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Monrovia, Liberia - The Deputy Minister for Administration at the Ministry of Finance and Development Planning, Hon. Bill McGill Jones,  has applauded Muslim staffs of the Ministry for successfully observing a month of fast in obedience to the Islamic faith.

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  982 Hits

Finance Minister Wants Increased Focus on Expansion of the Country’s Economy

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---As Budget Hearing Begins on Capitol Hill
 
Liberia’s Finance and Development Planning Minister, Honorable Boima S. Kamara has underscored the need to focus on the expansion of the country’s economy. 
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  1078 Hits

GoL’s Economic Management Team Holds First Meeting

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Monrovia, Liberia - The Economic Management Team of the President Joseph Nyumah Boakai’s government has held its first meeting. The meeting which was convened to discuss key issues affecting the economy with the aim of finding the appropriate remedy was held on Tuesday, April 2, 2024 at the Conference Room of the Ministry of Finance and Development Planning. 

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  1100 Hits

17 Comptroller of Government Entities Salaries Withheld

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-For Non Compliance of Annual Financial Statements Submission for FY2023  

The Comptroller and Accountant General of Liberia, Hon. Elwood T. Netty, has directed that the March 2024 salaries of Comptrollers of 2024 be placed on “HOLD” for “NON-COMPLIANCE” in submitting their annual financial statements for FY2023. The annual financial statements  of various governments spending entities should have been submitted to the Office of the  Comptroller and Accountant General on or before March 15, 2024.

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  1340 Hits

"GoL, UN Launch a Robust Technical Support to National Development Plan.’’

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Monrovia, Liberia - Hon. Tanneh G. Brunson, Liberia Deputy Minister for Budget and Development Planning joined the United Nations Resident Coordinator, Madam Christine N. Umutoni, to launch a robust multi-disciplinary technical support to the National Development Plan called the ARREST agenda.

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  849 Hits

GoL Commits to Servicing Domestic and External Debts

IMG-20240328-WA0004220 Acting Finance Minister Anthony Myers Discloses as He Raps on FY2024 Draft National Budget.

Monrovia, Liberia - Liberia’s Deputy Finance and Development Planning Minister for Fiscal Policy, Hon. Anthony Myers has expressed strong commitment to the Boakai’s administration to service the government’s domestic and external debts.

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  907 Hits

‘’ GoL is dedicated to tackling climate change-related interventions through a paradigm shift’’ says Hon. Brunson.

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Hon. Tanneh Brunson, the Deputy Minister of Budget revealed that the government is totally dedicated to tackling climate change-related intervention through a paradigm shift.
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  906 Hits

Sweden Approves USD400k to finance Liberia’s National Development Plan

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Monrovia, Liberia - The Government of Sweden has approved approximately US$400,000 (Four Hundred Thousand United States Dollars), as financing for the completion of Liberia’s National Development Plan as well as the 100-days deliverables of President Joseph Nyumah Boakai.

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  953 Hits

''GoL remains robust in supporting fiscal transparency and public participation during the budget process’’ says Hon. Brunson.

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Monrovia, Liberia - The Deputy Minister for Budget at the Ministry of Finance and Development, Hon. Tanneh Brunson has disclosed that the Government of Liberia will remain more robust in order to support fiscal transparency and public participation during the ongoing budget process.
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  942 Hits

Ministry of Finance and Development Planning Suspends NGO Online Accreditation Due to Technical Issues

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Monrovia, Liberia, March 20, 2024 – The Ministry of Finance and Development Planning (MFDP) wishes to inform the esteemed NGO community in Liberia of ongoing technical issues with the NGO Online Accreditation Platform. The Ministry assures all stakeholders that necessary measures are being taken to address these challenges promptly.

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  1003 Hits

“The ARREST Agenda is here to take Liberia to the finish line of SDG’’ says Hon. Dehpue Zuo

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Deputy Finance Minister for Economic Management, Hon. Dehpue Zuo has expressed optimism regarding the “ARREST Agenda” of President Joseph Nyumah Boakai, taking the country to the “finish” line of the Sustainable Development Goals (SDGs) of 2030.

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  3145 Hits

GoL submits USD 692.2M Revised Draft FY2024 National Budget

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Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning on Thursday March 14, 2024 submitted the revised draft National Budget for Fiscal Year 2024 in the amount of USD 692.2M (Six Hundred Ninety-Two million, Two thousand) to the 55th National Legislature.

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  2582 Hits

"Let’s Remain Open and Supportive to USAID LEAD Project’’ says Hon. Kamara

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Mobrovia, Liberia - Let’s remain open and supportive to the United State Agencies for International Development (USAID) Lead Project in order to align with the ARREST agenda of President Boakai, says Finance and Development Planning Minister.
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  1104 Hits

MFDP 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. 
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  1021 Hits

‘’ GoL and World Bank Mission team conclude a week-long meeting’’

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The Government of Liberia and the World Bank Mission has concluded a week-long meeting geared towards strengthening the Public Financial Management System across spending entities of government.

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  1272 Hits

GoL, AFDB sign US$40 Million Loan for Mano River Road Development and Transport Facilitation project

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Monrovia, Liberia - The Government of Liberia and the African Development Bank have signed a $40 million loan agreement for the Mano River Road Development Transport Facilitation Phase 1 project. The agreement aims to enhance road infrastructure and boost intra-community trade in the Mano River Union area.

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  1484 Hits

“Let us Provide Useful Information that will positively impact 100 days’ Deliverables”, says Minister Brunson.

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Monrovia, Liberia - The Deputy Minister for Budget and Development Planning at the Ministry of Finance and Development Planning, Hon. Tanneh G. Brunson, has emphasized the importance of gathering useful information from all Ministries, Agencies, and Commissions to positively influence President Joseph Nyuma Boakai's 100 days' deliverables plan nationwide.

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  1271 Hits

"Farms to Market roads are key to the ARREST Agenda’’ says Minister Kamara

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Finance and Development Planning Minister, Hon. Boima S. Kamara says farms to market roads are key under the ARREST Agenda of President Joseph Nyumah Boakai.

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  1285 Hits

"Let us forged a Stronger Partnership to create one Development Basket”, says Minister Boima S.Kamara

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Monrovia, Liberia - February 22, 2023: Finance Minister Hon. Boima S. Kamara has provided a candid assessment of Liberia’s economic landscape, emphasizing the urgent need for strengthened partnerships including international collaboration to address the challenges ahead.

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  1004 Hits

Comptroller and Accountant General urges Ministries, Agencies, and Commissions to Uphold Public Financial Management Law

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Monrovia, Liberia - The Ministry of Finance and Development Planning through the office of the Comptroller and Accountant General is calling on all government entities to acknowledge and uphold the Public Financial Management Law of Liberia, regarding the suspension, transfers, reassignments, and dismissals of Comptrollers and Accountant staff in Liberia.

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  1191 Hits

"Identify National Issues Confronting Macroeconomic Stability’’ Finance Minister Kamara says.

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Monrovia, Liberia - Finance and Development Planning Minister, Hon. Boima S. Kamara is calling on the International Monetary Fund to help identify national issues confronting macroeconomic stability to improve the livelihood of Liberians across all sectors of government.

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  1078 Hits

Circular to head of Line Ministries, Agencies & Commissions Requesting the Submission of Dummy Payrolls by 10th of Every Month

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Monrovia, Liberia – The Ministry of Finance and Development Planning (MFDP) has issued an official directive to all governmental agencies to submit their current or dummy payrolls by the 10th of every month for thorough scrutiny and necessary adjustments. This proactive measure is part of the government's commitment to improve fiscal management and ensure the punctual disbursement of salaries to all government employees.

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  1096 Hits

Let's put the Government Back to Work, Minister Kamara urges MFDP Employees

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Monrovia, Liberia - Liberia’s Finance and Development Planning Minister has admonished employees at the MFDP to work harder to build a new MFDP.

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  1090 Hits

Finance Minister Boima Kamara Unveils Blueprint for a Vibrant Liberian Economy Focused on Domestic Production and Private Sector Empowerment

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Monrovia, Liberia - In an ambitious move to reinvigorate Liberia's economy, the Finance Minister Honorable Boima Kamara has told the Liberian Senate about a comprehensive strategy aimed at fostering a robust economic environment through the promotion of 'Made in Liberia' initiatives.

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  1513 Hits

MFDP submits FY 2024 Draft National Budget at USD 625.57M

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Monrovia, Liberia - The Ministry of Finance and Development Planning representing the Executive Branch of the Liberian Government, on Tuesday, December 19, 2023, submitted the Fiscal Year2024 Draft National Budget in the amount of USD625.57M (Six Hundred Twenty-five million, fifty-seven thousand), to the National Legislature through House of Representative Speaker Dr. Bhofal Chambers.

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  6869 Hits

For Immediate Press Release

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Monrovia, Liberia - During the early morning hours of Wednesday, October 25 2023, fire gutted one of the offices on the third floor of the Ministry of Finance and Development Planning.

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  1675 Hits

Government of Liberia and the African Development Bank (AfDB) Forge Partnership to Construct the Coastal Highway, Igniting Economic Transformation

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Monrovia, Liberia - A groundbreaking move to propel economic growth and development, the Government of Liberia has joined forces with the African Development Bank (AfDB) to embark on the monumental construction of the long-awaited Coastal Highway. This crucial infrastructure project aims to address the persistent road challenges faced by the southeast region of Liberia, an issue that has plagued its citizens for over two hundred years.The AfDB delegation comprising Mr. Rufus Darkortey, Executive Director of the Bank, Dr. Benedict Kanu, Country Manager of the Bank in Liberia, and Jean-Noel Ilboudo held a pivotal meeting with Hon. Samuel D. Tweah, Jr., Minister of Finance and Development Planning, and Hon. Ruth Coker-Collins, Minister of Public Works, on Tuesday, July 11, 2023 at the Finance Ministry to discuss the implementation of this transformative endeavor, scheduled to commence in 2023. The first phase, known as LOT I, will encompass the construction of a 56-kilometer stretch from Buchanan, Grand Bassa County to the junction in Cestos, Rivercess County. This significant segment of the Coastal Highway project carries an estimated cost of $54 million, a testament to the commitment of both the Liberian government and the AfDB to fuel sustainable development. The entire corridor is about 444km long and estimated at $430 million. Recognizing the Coastal Highway as a top priority initiative, the Government of Liberia has underscored its potential to drive economic growth and enhance crucial infrastructure networks across the nation. By linking the southeast region to vital economic centers and promoting regional integration with the Cote d'Ivoire, this project has the power to usher in a new era of progress and prosperity for Liberia. Minister Tweah and Minister Coker-Collins expressed their enthusiasm for the unwavering support of Dr. Akiwumi A. Adesina, the President of the African Development Bank, in facilitating the construction of this transformative corridor. President Weah himself conveyed his sincere appreciation to President Adesina and the entire AfDB for their unwavering commitment to fostering economic development and alleviating poverty throughout the African continent. The construction of the Coastal Highway marks a monumental stride toward creating a more connected and prosperous Liberia. With its promise of improved transportation infrastructure and increased economic opportunities, this project holds the potential to uplift communities, unlock regional potential, and set the stage for a brighter future for all Liberians.
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'’ National Development Agenda and framework papers is key for National Growth"-Says Deputy Minister Flomo

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Monrovia, Liberia -The Deputy Minister for Economic Management, Hon. Augustus J. Flomo says National Development Agenda and frame work papers in partnership with United Nations and Developments partners is key for national growth when all parties are involved with actions and implementation.

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  1919 Hits

GoL, World Bank Sign US$65 million for Resilient Recovery Stand-Alone Development Policy Financing

Monrovia, Liberia - The Government of Liberia and the World Bank have signed a US$ 65 million loan for Resilient Recovery Stand-Alone Development Policy Financing.

According to the Agreement, the program is aimed at supporting the Government of Liberia's efforts to promote resilient recovery through the two pillars of: (i) laying the institutional and policy foundations in selected growth-supporting and resilience-enhancing sectors; and (ii) promoting transparency and accountability in the public sector.

Furthermore, the reforms under the first pillar seek to improve resilience to shocks and conditions for inclusive growth through the development of an effective mechanism to manage food reserve stocks to strengthen food crisis preparedness planning, bolstering of domestic revenue mobilization, and improvements in the road sector efficiency and governance and the quality of land administration systems. The second pillar seeks to promote transparency and accountability in the public sector, with a focus on improving debt transparency and strengthening the country's procurement systems and anti-corruption framework.

Additionally, the operation will also support efforts aimed at addressing debt vulnerabilities under the sustainable development finance policy.

Liberia's Minister of Finance and Development Planning, Hon. Samuel D. Tweah, Jr, signed on behalf of the Government of Liberia, while World Bank's Country Director for Ghana, Liberia and Sierra Leone, Dr. Pierre Laporte, signed on behalf of the Bank.

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  2161 Hits

Signing ceremony of Financing Agreement with the Ministry of Finance and Development Planning in Additional Financing Support to the REALISE Project, and signing of partnership commitment by AFD, Sweden, and World Bank

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On June 14, 2023, in the presence of the French Ambassador to Liberia HE Mr. Michaël ROUX, Minister of Finance and Development Planning Honorable Samuel D. TWEAH, and AFD Country Director Christophe COTTET, signed an 8.8MEUR (approximately 9.5 MUSD) grant financing agreement to support the economic empowerment of people living in vulnerability in rural areas.

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  3415 Hits

University Graduates should develop critical skill sets in various disciplines, Deputy Minister Brunson Urges

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Monrovia, Liberia - The Deputy Minister for Budget and Development Planning, Hon. Tanneh G. Brunson on Wednesday May 31, 2023, urged all Graduates from the College of Business and Public Administrations to always develop critical skill sets in various disciplines.

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  998 Hits

GoL, AFDB sign 3.9 Million grant Agreement to Upgrade CBL Payment Infrastructure System

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The Government of Liberia and the African Development Bank on Thursday May 19, 2023, signed a grant agreement in the amount of US$ 3.9 million for the upgrade of the Central Bank of Liberia payment infrastructure system to strengthen its primary data center recovery sites.

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  2264 Hits

"Liberia is making Significant progress in Development Says Minister Tweah "

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Monrovia, Liberia - Liberia Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr. says Liberia is making significant progress in other areas of Development, but there are still infrastructure constraints that need to be addressed and solved.
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  2499 Hits

GoL Holds PAPD Leadership Meeting; As Minister Tweah Asserts:  “Collectively We Can Land Strong on the Implementation of the PAPD”

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Monrovia, Liberia - Liberia’s Finance and Development Planning Minister Hon. Samuel D.Tweah Jr, says collectively, the government and development partners can land strong on the implementation of the PAPD. The PAPD is Pro Poor Agenda for Prosperity and Development. He also spoke about progress in the Area of Governance and Transparency.
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  2357 Hits

Remarks Delivered by the Honorable Minister of Finance and Development Planning, Hon. Samuel D. Tweah, Jr at the National Honoring ceremony for out-going World Bank Country Manager for Liberia

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Remarks Delivered by the Honorable Minister of Finance and Development Planning, Hon. Samuel D. Tweah, Jr at the National Honoring ceremony for out-going World Bank Country Manager for Liberia, Dr. Khwima Nthara held on March 9, 2023 at the EJS Ministerial Complex
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  2441 Hits

AfDB Executive Directors Arrive in Liberia 

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Six (6) Executive Directors of the African Development Bank (AfDB) Group will lead a delegation to undertake a consultation mission to Liberia from 20-24 March 2023.
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  2809 Hits

“Regional integration is critical for transformation across Africa’’, says Minister Tweah

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Monrovia, Liberia - Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr, says regional integration is critical for transformation across Africa, especially among neighbouring countries to include Liberia, Ivory Coast, Sierra Leone, Guinea, Nigeria and others.

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  2229 Hits

Joint Press Release: Special Compliance Audit of the GoL Payroll

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Monrovia, Liberia January 30, 2023. The Government of Liberia, through the Ministry of Finance and Development Planning (MFDP) and the Civil Service Agency (CSA), is pleased to announce the completion and release of the Special Compliance Audit of the Central Government Payroll by the General Auditing Commission, covering the period 2019-2021. The Government of Liberia extends its appreciation to the World Bank for financing the special compliance audit of the payroll and to the GAC, for successfully executing it.

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  2598 Hits

GoL, World Bank sign financing agreements totaling US$50M

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Monrovia, Liberia - The Government of Liberia and World Bank Liberia Country Office on Thursday, January 26, 2022, signed two financing agreements in the amount of USD50 Million.

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  2579 Hits

GoL Climaxes Nationwide VAT Validation Awareness in Grand Gedeh County

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The Government of Liberia through the Ministry of Finance and Development Planning and the Liberia Revenue Authority (LRA), over the weekend climaxed Region II national Value Added Tax (VAT) awareness in Grand Gedeh County

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  2239 Hits

Merry Christmas and a Happy Prosperous New Year 2023

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The Ministry of Finance and Development Planning, under the astute leadership of Hon. Samuel D. Tweah Jr., as Minister, including his hardworking and energetic Senior Management team of Deputies and Assistant Ministers, as well as, the entire workforce conveys messages of best wishes to His Excellency Dr. George Manneh Weah, President of the Republic of Liberia,

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  2201 Hits

Ministry of Finance Informs the Public that Minister Tweah, others are responding to treatments

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Monrovia , Liberia:- In the wake of the tragic accident involving Finance Minister Samuel D. Tweah, Jr., his wife, Madam Delecia Tweah the driver and security officer, the Ministry of Finance and Development Planning (MFDP) is pleased to inform the general public that Minister Tweah and everyone involved in the accident are stable and responding to treatment.

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  2615 Hits

GoL, Development Partners Conclude National Portfolio Review

Monrovia, Liberia - The Government of Liberia through the Department of Economic Management at the Ministry of Finance and Development Planning has concluded a separate joint National Portfolio Review held with Development partners. 

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  2138 Hits

GoL, France Sign US$1.2M Grant Financing Agreement

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Monrovia, Liberia - On Tuesday, November 22, 2022, the Government of Liberia and the Republic of France, represented by the Agence Francaise de Development (AFD), signed US$ 1.2 million as a grant financing agreement geared towards an ongoing scholarship program.

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"We are here to reaffirm our Commitment to do more’’ Says Minister Tweah"

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Monrovia, Liberia - We have come to reaffirm our commitment to do more, says Finance and Development Planning Minister, Hon. Samuel D. Teah Jr. at the two days’ portfolio review between the Government of Liberia and the World Bank.  
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Ministry of Finance Holds PIM Consultation

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Monrovia, Liberia - The Department of Budget and Development Planning at the Ministry of Finance and Development Planning, on Thursday October 6, 2022; held a one-day Public Investment Management Policy Development Stakeholders’ Consultation at the Corina Hotel, in Sinkor, to develop a public investment management policy for Liberia.

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MFDP Birthday Message to President Weah

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On this auspicious occasion of the birthday celebration of President Dr. George Manneh Weah, the Ministry of Finance and Development Planning, appreciate you Mr. President,  for being a man of unquantified love, passion, dedication and commitment to the People of Liberia. 
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Comptrollers General, others get certificates in Local Currency Bond

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Monrovia, Liberia - Comptrollers and Accountant General, Hon. Janka A. Kowo, including four staff from the Ministry of finance and development Planning, were over the weekend certificated following a training on Local Currency Bond Market Development.

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GoL Climaxes Nationwide VAT Validation Awareness in Bomi and Bong Counties

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Government, through the Ministry of Finance and Development Planning and the Liberia Revenue Authority (LRA), over the weekend climaxed the first of several planned phases of the national Value Added Tax (VAT), awareness in Bomi and Bong Counties; and it is being supported by the World Bank.

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Cross Session of Montserrado, Grand Bassa and Nimba Citizens Plead for Improvement in Basic Social Services

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Cross section of citizens and civil society organizations from Montserrado, Nimba and Grand Bassa Counties are pleading with the government to prioritize the improvement of basic social services.

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Government Considers CSOs as Important Partners for Development, says Acting. Min. Hon. Lawson.

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Monrovia, Liberia - Acting Deputy Minister for Administration at the Ministry of Finance and Development Planning Hon. Patience Kollie-Lawson has said the government of Liberia considers civil society organizations as important partners for development, especially through the dissemination of information across the country.

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GoL Launches Online Platform for NGOs Registration, Accreditation

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Monrovia, Liberia - The Government of Liberia through the Department of Economic Management at the Ministry of Finance and Development Planning, has launched a one-stop shop online platform to enhance the accreditation and registration process of non-governmental organizations in the country, on August 18, 2022.

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“EU a True Partner in the Energy Sector”, Finance Minister Samuel D. Tweah Discloses

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Monrovia, Liberia - Finance and Development Planning, Minister Hon. Samuel D Tweah, Jr has described the European Union as one of Liberia’s true and trusted partners in the energy sector.

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GoL, EU to Commission Newly Constructed Congo Town Electricity Substation

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Monrovia, Liberia - The Government of Liberia (GoL) and the European Union (EU), will on Tuesday August 16, at 10am, commission the newly constructed Congo Town Electricity Substation, which will enable the Liberia Electricity Corporation (LEC) to address the increasing electricity demand in Monrovia.

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Let us decentralize Knowledge sharing across the Counties for results. Says Minister Kolubah

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The Assistant Minister for Development Planning, Hon. Benedict Kolubah says Superintendents and County Officers should decentralize knowledge sharing for results in the implementation of the national development Plan.

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‘’ Let us focus on the most Important and Impactful Interventions for the 2023 National Budget’’ says Minister Brunson.

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Monrovia, Liberia - The Deputy Minister for Budget and Development Planning, Hon. Tanneh G. Brunson says participating Ministries and Agencies should focus on the most important and impactful interventions for the preparation of the 2023 national budget.

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Acting Deputy Minister Lawson receives donation from Doxxbet sports betting company

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Monrovia, Liberia - The Ministry of Finance and Development through Acting Deputy Minister for Administration, Hon. Patience Kollie Lawson on Monday August 1, 2022, received a donation consisting of 10 boxes of Mobiola mobile phones from the J&E Doxxbet sports online betting company.

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LIMPAC trains Payroll Analysts within the Department of Budget and Development Planning

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Monrovia, Liberia - The Liberia Macroeconomic Policy Analysis Center (LIMPAC) within the Ministry of Finance and Development Planning today held graduation exercise for eleven analysts within the Department  of Budget and Development Planning after two weeks of intensive training on utilization of the Government of Liberia Automated Payroll System (ATAPs) 
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JULY 26th Independence Day Message

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On the auspicious occasion which marks the 175th Independence Day Celebration of the Republic of Liberia on July 26, 2022; the Minister of Finance and Development Planning Hon. Samuel D. Tweah Jr., Deputies, Assistants, Directors and employees of the Ministry of Finance and Development Planning extend warmest congratulations and best wishes to His Excellency Dr. George Manneh Weah, President of the Republic of Liberia and Commander-in-Chief of the Armed Forces; the Vice President Her Excellency Chief Dr. Jewel Howard Taylor; the Honorable Speaker Dr. Bhofal Chambers and members of the National Legislature, The Chief Justice and members of the Judiciary, Employees of Government and the peace loving people of Liberia.

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MFDP Climaxes Public Financial Management Awareness in Margibi, Grand Bassa Counties

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The Ministry of Finance and Development Planning through the Department of Comptroller and Accountant General over the weekend Climaxed a two-week of robust awareness on Public Financial Management in Margibi and Grand Bassa counties.

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‘’Government Remains Committed to Fiscal Transparency’’, says Minister Tweah

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Monrovia, Liberia - Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr, has said the government of Liberia remains committed to fiscal transparency.

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Comptroller General Informs Bomi Citizens on Public Financial Management Processes 

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As part of ongoing efforts to create more awareness on the Public Financial Management Act of 2009, Liberia's Comptroller and Accountant General, Hon. Janka A. Kowo over the weekend, engaged a cross section of students, administrative staff including other citizens of the Bomi Community College on the PFM processes. 
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‘’Women Empowerment Sits at the middle of the Economy’’ says Minister Tweah; As GoL, World Bank signs over US$44.6M Agreements

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Monrovia, Liberia - Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr. has said that women and girls empowerment sits at the middle of the country’s economy.

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Liberia’s delegation exchange notes with Ugandan counterparts on macroeconomic policy framework

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Kampala, Uganda - A Liberian delegation headed by Deputy Minister for Economic Management at the Ministry of Finance and Development Planning, Augustus J. Flomo is currently in the Ugandan capital Kampala, having knowledge sharing discussions with counterparts from Uganda Ministry of Finance and Economic Planning, Uganda Revenue Authority, Uganda Bureau of Statistics and the Central Bank of Uganda.

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MFDP host the Ambassador of the Federal Republic of Nigeria H.E Godfrey A.E Odudigbo FDC at the Third Series of the Ambassadorial Reform Dialogue.

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Monrovia, Liberia - Deputy Minister of Budget and Development Planning Hon. Tanneh G. Brunson has said that the Public Financial Management Reform policy is an effective tool for equitability in public service delivery.

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The Liberian Senate, 31st Day Sitting, 5th session.

The Liberian Senate has unanimously voted for the acceptance and the endorsement of the Senate committee on Public Accounts & Audit report on the GAC finding of the misapplication of the national road fund. The committee report says that the $7 million dollars alleged to have been misapplied by the finance minister was appropriated by the Senate in the 2019/2020 recast budget.
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RCU holds Ambassadorial Reforms Dialogue Series No.2 with US Ambassador Michael McCarthy

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Monrovia, Liberia - Acting Finance and Development Planning Minister Hon. Tanneh G. Brunson as head of the Senior Management team, on Monday June 13, 2022 hosted the United States Ambassador to Liberia, Michael McCarthy at a Development dialogue.

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MFDP kicks Off Public Financial Management Awareness in Montserrado.

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Monrovia, Liberia - The Ministry of Finance and Development Planning through the Department of Comptroller and Accountant General, over the weekend officially launched the Public Financial Management awareness in Montserrado county.

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ECOWAS delegation meets Deputy Finance Minister for Fiscal Affairs

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Monrovia, Liberia - A delegation from the Economic Community of West African States (ECOWAS), on Wednesday, June 1, 2022, met deputy finance minister for fiscal affairs Dr. Samora P.Z. Wolokolie to discuss the process leading to Liberia’s transition from Goods and Service Tax (GST), to Value Added Tax (VAT).

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GoL, World Bank sign project valued $40M

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Monrovia, Liberia - The Government of Liberia represented by the Ministry of Finance and Development Planning, and the World Bank on Tuesday, May 31, 2022, signed a $40 million project known as the Liberia Urban Resilience Project (LURP).
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PFMRCU launches Ambassadorial Reforms Dialogue Series with Chinese Ambassador, H.E. Ren Yesheng

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Monrovia, Liberia - The Ambassadorial Reforms Dialogue Series (ARDS), initiated by the Public Financial Management Reforms Coordination Unit (PFMRCU) late last month is to allow selected Countries' Ambassadors near Monrovia the opportunity of sharing the processes, challenges and benefits of reforms from their countries’ perspectives. These dialogue series as expected will provide officials and technicians of government an insight and also serve as a pathway in developing and aligning our national development priorities based on effective service delivery and best practices.

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ECOWAS High Level Delegation is expected to visit Liberia soon

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Monrovia, Liberia - The Economic Community of West African States (ECOWAS) says, it is sending a three-member high level delegation to Monrovia from 30th May to 2nd June 2022 to hold series of discussions with the Liberian Government to support the process leading to the smooth transition from Goods and Service Tax (GST) to Value Added Tax (VAT) in Liberia.

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GoL Holds Consultation on Voluntary National Review

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Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning has held a two-day stakeholder’s consultation meeting on Voluntary National Review (VNR) 2022 in Monrovia.
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President Weah Approves Rufus N. Darkortey as Executive Director at the African Development Bank

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Monrovia, Liberia, May 26, 2022 – The President of Liberia, H.E. Dr. George Manneh Weah on Tuesday, May 17, 2022, approved the nomination of Mr. Rufus N. Darkortey to serve as Executive Director at the African Development Bank in Abidjan, Cote D’Ivoire.

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MFDP Launches Pre-VAT 3rd Stakeholder Engagement Dialogue

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As part of efforts to boost tax revenue and enhance transparency, accountability and development across the fifteen counties, the Government of Liberia through the Ministry of Finance and Development Planning in collaboration with the Liberia Revenue Authority held a VAT pre Launch 3rd Stakeholder Engagement Dialogue at the Mamba Point, Hotel in Monrovia with theme: "Paving the Way for a Smooth VAT Implementation".

Speaking at the opening Assistant Minister for Revenue Tax Policy at the Ministry of Finance and Development Planning, Hon. Ojuku Nyenpan, said the

VAT stakeholder Engagement Dialogue is part of ongoing Value Added Tax (VAT) pre implementation activities that are being undertaken by the Government of Liberia.

" This Dialogue series is part of the VAT pre Implementation and roll out plan and it aims to engage the various stakeholders within the process". He added

Minister Nyenpan thanked USAID for funding the dialogue. He said the dialogue provides a platform for stakeholders to ask questions, raise issues and concerns important to them and support the Ministry of Finance and Development Planning, LIberia Revenue Authority and relevant Government of Liberia Authorities in their plans to improve tax policy and administration outcomes of Liberia.

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MFDP  Clarifies on "Fake"  Enterpreneurship Program 

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The Ministry of Finance and Development Planning informs the public that there is absolutely no entrepreneurship program at the ministry.

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MFDP Climaxed Aid Coordination, Macroeconomic Framework Workshop

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Buchanan, Grand Bassa County - In order to strengthen national development and aid coordination across Government, the Ministry of Finance and Development Planning through the Department of Economic Management, over the weekend climaxed a five-day training in Aid Coordination and Macroeconomic Framework for NGOs, Sector Ministries and Agencies, including Development Partners and Civil Society Actors in the Port City of Buchanan, Grand Bassa County.

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World Bank support to the Fisheries and Education Sector is Remarkable says Minister Tweah

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Monrovia, Liberia - Liberia's Finance and Development Planning Minister Hon. Samuel D.Tweah, Jr says World Bank continuous support towards Liberia Development Agenda, the Pro Poor Agenda for Prosperity and Development is remarkable.

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

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

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

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

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

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

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

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

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RCU Begins Engagement with Head of EU

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

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FreeBalance Consultants in Town for Stakeholders’ Meetings

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

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IMF Mission team visits Liberia on ECF 4th article Review

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

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LIMPAC Donates Office Supplies and Equipment's to MCSSTA

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

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Account Closure to All MAC's

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

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

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

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

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

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

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

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

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To: All Ministries, Agencies & Commissions

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

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France Support Liberia's Vulnerable with Euros 10M Grant 

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

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Minister Tweah urges AMEU students to chat the path of Transformation

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

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Circular Communicating Change of Fiscal Periods

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

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

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

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Finance Minister New Year Message to Staff of MFDP

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

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

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

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

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World Bank Group Executive Director for Liberia, Dr. Taufila Nyamadzabo Arrives in Liberia on Wednesday, December 8, 2021

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Monrovia, Liberia - The World Bank Group Executive Director for Liberia, Dr. Taufila Nyamadzabo, arrives in Liberia on the evening of Wednesday, December 8, for a two-day official visit. During this visit, he will be discussing opportunities to promote growth, Liberia’s COVID-19 response efforts and economic diversification. The Executive Director will visit project sites.

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Ministry of Finance and Development Planning Heads a Study Tour to Freetown, Sierra Leone

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Freetown, Sierra Leone - The Ministry of Finance and Development Planning on 30th November embarked on a four day study tour to neighboring Freetown, Sierra Leone. The objective of the mission was to conduct a comparative salary and allowances analyses of teaching and other administrative staff at state-run universities in Sierra Leone. The outcome is expected to help inform policy makers in addressing some of the financial working conditions at the University of Liberia.

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Latest Press Release

19 November 2024
Press Release
Monrovia, Liberia - The Government of Liberia has announced that no central government employee earning below the US$150 minimum monthly salary threshold, as stipulated by the Decent Work Act of 2015, will receive less than US$150 in gross month...
19 November 2024
Press Release
Monrovia, Liberia: The International Monetary Fund (IMF) has completed a two-week mission to Liberia, reviewing critical issues related to the country’s Extended Credit Facility (ECF) program. The mission, which focused on assessing the progress made...

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