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Tax Exemption is Cardinal for the Collection of Domestic Revenue, says Dr. Samora P. Z. Wolokolie

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Monrovia, Liberia - Dr. Samora P.Z. Wolokolie, the acting Minister of Finance and Development Planning says Tax exemption is cardinal for the collection of domestic revenue.

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Finance Ministry submits FY2022 Draft National Budget

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Monrovia, Liberia - The Ministry of Finance and Development Planning on behalf of President George M. Weah and the Executive Branch of Government, on Thursday November 18, submitted the draft national budget which will run from Jan 1 to December 31, 2022, to the National Legislature.

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  10091 Hits

RCU Presents New Copies of Amendment and Restatement of the Public Financial Management Act of 2009.

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The Government of Liberia through the Reform Coordination Unit at the Ministry of Finance and Development Planning on Wednesday, November 17, 2021, presented several new copies of the Amendment and Restatement of the Public Financial Management Act of 2009 to six ministries and agencies across Government.

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  3612 Hits

GoL, CSOs Dialogue on FY/2022 Budget Preparation

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Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning, is holding a two-day dialogue with civil society organizations, on the recommendations proffered in the “Shadow” budget option paper developed by CSOs during the formulation FY 2020/2021.

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  2751 Hits

Minister Tweah Meets with Representatives of Civil Society Organizations

WhatsApp-Image-2021-10-27-at-10.39.29-AM (L-R) Minister Samuel D. Tweah, Jr., Loretta Alethea Pope Kaithe, of the National Civil Society Council of Liberia; Andersen Miamen of CENTAL; Mmonbeydo Nadine Joah of the Organization for Women and Children; Lawrence Yealue of Accountability Lab Liberia; and Ralph Jimmeh of Integrity Watch.

Monrovia, Liberia - Finance and Development Planning Minister, Hon. Samuel D. Tweah, Jr., on Wednesday, October 27, met with representatives of Civil Society Organizations (CSO) to explore avenues of enhancing and strengthening government-CSO partnership.

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Minister Tweah wants AIIB to focus on Climate and Smart Agriculture for Africa’s Potential

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Monrovia, Liberia - Finance and Development Planning Minister, Hon Samuel D. Tweah Jr. has expressed the need for the Asia Infrastructure and Investment Bank (AIIB) to focus on climate and smart agriculture for Africa’s potential.
Doing this, he said, will enhance economic growth and development on the continent.

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  2625 Hits

Minister Samuel D. Tweah Jr, to Speak at Asia Infrastructure and Investment Bank (AIIB), at 10:00 AM today.

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On the margins of the  Annual Meetings of the Asia Infrastructure and Investment Bank (AIIB), Finance and Development Planning Minister Samuel D. Tweah, Jr.  participates in a Business Round Table on Climate Finance via Zoom. The Minister will serve as a panelist and will address global and national climate finance imperatives.

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  2937 Hits

“Budget Execution and reporting rests on your shoulders”, says Comptroller General Atty. Janga A. Kowo

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Kakata, Margibi County - Comptroller and Accountant General Atty. Janka A. Kowo, says, timely budget execution and reporting rests on the shoulders of comptrollers and accountants across government spending entities.

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  6799 Hits

GoL, World Bank Sign USD 40M Agreement for Sustainable Management of Fisheries Project

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Monrovia, Liberia - The Government of Liberia and the World Bank on Tuesday October 19, 2021, signed a financing agreement in the amount of US$ 40 million for sustainable Management of fisheries project.

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  3604 Hits

Health and Social Intervention are key factors for Economic Growth and Development… Deputy Finance Minister

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Monrovia, Liberia - Deputy Minister for Economic Management, Hon. Augustus J. Flomo, says Health and Social intervention are essential factors for economic growth and development.

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  2774 Hits

‘’We're the Basket of Democracy’’, says Minister Tweah

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Monrovia, Liberia - Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr, has said that Liberia is the “basket of democracy”, due to several reforms and new strategies implemented by the administration of President George Manner Weah.

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  3089 Hits

MFDP bids farewell to outgoing AfDB Country Manager Orison M. Amu

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The Ministry of Finance and Development has bid farewell to outgoing African Development Bank Country Manager for Liberia Dr. Orison M. Amu as the cooperation between the Bank and Liberia remains strong and continues to grow.

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  3265 Hits

Happy Birthday His Excellency Dr. George Manneh Weah

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Ministry of Finance and Development Planning Birthday Greetings to His Excellency Dr. George Manneh Weah

Happy, Happy Birthday, Our Beloved President!!!

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  3663 Hits

MFDP regrets the death of Asst. Min. Hon. Barcon Vah

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With profound regrets, the Ministry of Finance and Development Planning, announces the passing on of Hon. Barcon Vah, Assistant Minister for External Resources & Debt Management.

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

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

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

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

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

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  12036 Hits

GoL Validates INEC ToR

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

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  3705 Hits

GoL, Commercial Banks Sign National LPA Scheme for Civil Servants

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

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  5467 Hits

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

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

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  4609 Hits

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

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

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  3604 Hits

Comptrollers, Accountants Urged to be Robust

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

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  3866 Hits

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

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

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  3974 Hits

Independence Day Greeting

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

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

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MFDP bids farewell to outgoing Swedish Ambassador Ingrid Wetterqvist

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

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  3708 Hits

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

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

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  4821 Hits

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

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

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

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

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  4495 Hits

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

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

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  4370 Hits

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

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

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  11788 Hits

Finance Ministry Submits “Special” FY2021 Draft National Budget

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

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  6303 Hits

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

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

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Financial Reporting Training for 65 Government Comptrollers, Accountants

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

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

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

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

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

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USAID, MFDP Sign 81k In-kind Support Grant

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

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

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

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  3624 Hits

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

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

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  3786 Hits

MFDP Clarifies “Purported” Check Scandal

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

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

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REPRESENTATIVES OF THE GOVERNMENT AND THE CONSORTIUM

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

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Minister Tweah wants Increase in Development Assistance to Africa

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

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  3175 Hits

MFDP's Ramadan Message

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

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  3643 Hits

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

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

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  3446 Hits

Public Service Announcement

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

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

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

Payroll Clean up Task Force Announcement March 31 21

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  3209 Hits

GoL, EU portfolio review to enhance stronger partnership and results

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

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  3232 Hits

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

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

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

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  4084 Hits

Liberia Concludes APRM Technical Country Support Mission

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

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  3462 Hits

National Defense College visits MFDP on a Study Tour

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

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  3081 Hits

Liberia receives APRM Country Support Mission

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

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  3270 Hits

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

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

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  3425 Hits

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

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

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  4550 Hits

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

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Monrovia, Liberia - An urban development project which will create employment for thousands of Liberians has been welcome by Finance and Development Planning Minister Hon. Samuel D. Tweah Jr.
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  3584 Hits

Tweah Meets New UNDP Liberia Boss; Commitment to Impactful Interventions

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Monrovia, Liberia - Liberia’s Finance and Development Planning Minister Hon. Samuel D. Tweah Jr., has held a meeting with the new Resident Representative of the United Nations Development Programme to Liberia, Stephen Rodriques.

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GoL, TRANSCO CLSG hold Bi-Annual Coordination General Meeting

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Monrovia, Liberia - The Government of Liberia and TRANSCO CLSG including contractors from the Liberia Electricity Corporation on Tuesday January 26, 2021 commenced three days Bi- Annual Coordination General Strategic Meeting at the Cape Hotel in Mamba point.

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  3405 Hits

Big Boost for the Energy Sector

Big Boost for the Energy Sector General Manager of Transco CLSG, Mr. Mohammed M. Sherif, Media personnels and contractors of Mount coffee tour Transco-Electricity project sites.

Monrovia, Liberia - The inspection of facilities at the Mount Coffee Hydro Power Plant by General Manager Mohammed M. Sherif of the Transmission Company for Cote d’Ivoire, Liberia, Sierra Leone and Guinea (TRANSCO CLSG), is a boost for the energy sector, ahead of February 2021 commissioning of the project.

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  3660 Hits

Public Service Announcement

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The Technical Economic Management Team (TEMT) will hold a discussion today 21 January at the Ministerial Complex in Congo Town on the recent Executive Order (EO 103) abolishing Import Permit Declaration (IPDs) with major stakeholders and the business community.

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  3328 Hits

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

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Monrovia, Liberia - Deputy Finance Minister for Fiscal Affairs Hon. Dr. Samora P.Z. Wolokoie has urged graduating students of the Cathedral Catholic High School to seek higher education in order for their future to be better.

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

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Monrovia, Liberia - The Minister of Finance and Development Planning Hon Samuel D. Tweah, Jr., has expressed government commitment to ensuring that land-owners and squatters have legal titles to their land.

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  3477 Hits

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

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Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning in collaboration with the Joint Payroll Management Team of the Civil Service Agency on Thursday, January 14, 2021, held a one-day interactive workshop for Human Resource personnel, Comptrollers and personnel analysts on how to process payroll and follow the right procedure for appropriate adjustment.

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  3258 Hits

Workshop On Procedures for Central Government Payroll Processing Commences in Monrovia

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Monrovia, Liberia - A one day education and training workshop, to strengthen the knowledge and skills of HRs and Comptrollers and payroll analysts, from spending entities of Central Government on ‘Payroll Processing’ commences this Thursday, January 14, 2021, at the Ministerial Complex in Monrovia.

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  3312 Hits

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

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Monrovia, Liberia - The Government of Liberia has officially terminated the Beach and Waterways Program inherited from the previous administration with massive arrears which this administration settled. As with the bloated Government wage structure inherited, the Beach and Waterways program has been riddled with fraud, waste, ghosts, and abuse.

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  3525 Hits

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

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Monrovia, Liberia - Liberia’s Finance and Development Planning Minister Hon. Samuel D. Tweah Jr. has urged economic actors such as CBL and Commerce Ministry to do what he termed as “heavy lifting” to ensure that reduction in exchange rate commensurate with prices on basic commodities.

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  3215 Hits

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

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

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  4169 Hits

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

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The European Commission on Friday, December 18, 2020, announced the mobilization of €84.26 million in support of the response to the COVID-19 pandemic in four African countries including Liberia, Benin, The Central African Republic, and Sierra Leone.

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  3318 Hits

Season’s Greetings from MFDP

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The Minister of Finance and Development Planning, Hon. Samuel D. Tweah, Jr., the entire Senior Management Team of the Ministry and general staff convey to H.E. President George M. Weah, Vice President Hon. Jewel Howard-Taylor, First Lady Madam Clar Weah, the Speaker, the Senate Pro-Temp and Members of the National Legislature, the Chief Justice and Associate Justices of the Supreme Court, the entire Government and Citizens of Liberia, as well as our International Partners and Foreign Missions accredited near Monrovia, a Merry Christmas and a very happy and prosperous New Year 2021 . We pray for the New Year to be filled with happiness and prosperity for us all.

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  3459 Hits

MFDP Climaxes Workshop for Comptrollers, Accountants held in Grand Bassa

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Buchanan, Grand Bassa County - A two day workshop, geared towards ensuring comptrollers and accountants of government line ministries and agencies, having adequate understanding about the newly created Comptroller and Accountant General Department, and in continuation of the reform exercise has been held in Buchanan, Grand Bassa County, from December 18-19, 2020.

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  3242 Hits

Tweah Rallies Donors Support

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Monrovia, Liberia - Liberia’s Finance and Development Planning Minister Hon. Samuel D. Tweah Jr., is calling on donor partners’ to focus more attention on Liberia.

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  3384 Hits

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

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Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning is to shortly roll out the Aid Management Tool (specifically referred to as the Liberia Project Dash Board), as well as, the National Aid and NGO Policy of Liberia (NAPL).

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  11063 Hits

APRM National Secretariat Concludes Town Hall Meetings on Domestic Resource Mobilization

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Monrovia, Liberia - The African Peer Review Mechanism National Secretariat has held Town Hall Meetings with emphasis on Domestic Resource Mobilization in five (5) counties over an 8-day period.

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  3353 Hits

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

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Tubmanburg, Bomi County- The Government of Liberia through the Ministry of Finance and Development Planning with support from the United Nations Children’s Fund on Wednesday October 27, 2020 began three day participatory capacity building training in what is term as‘’ Result Based Planning Monitoring and Evaluation workshop for Monitoring and Evaluation officer’s in Tubmanburg, Bom iCounty.

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  3224 Hits

MFDP Opens Refurbished Staff Cafeteria

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

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  4424 Hits

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

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Monrovia, Liberia - Liberia’s Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr., says the new fiscal calendar will bring the country into alignment with the Economic Community of West African States (ECOWAS) member countries. He said that this transitioning is important due to the fact that the sub-regional group is transitioning into a single currency.

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  4618 Hits

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

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Monrovia, Liberia - Liberia’s Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr. has reaffirmed the government’s commitment, to robust economic and reform measures, that will ensure bigger programs across all sectors are undertaken.

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  4034 Hits

MFDP Climaxes ‘Phase One’ PAPD Technical Review Retreat

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Ganta, Nimba County - The Ministry of Finance and Development Planning, through its Department of Budget and Development Planning on Tuesday, October 20, 2020, climaxed ‘Phase One’ of the Pro-Poor Agenda for Prosperity and Development (PAPD), technical review retreat in Ganta, Nimba County.

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  4118 Hits

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

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Monrovia, Liberia - The Government of Liberia through the Comptroller and Accountant General’s (CAG) Office, at the Ministry of Finance & Development Planning, will on Wednesday, October 21, 2020, launch the establishment of the Comptroller & Accountant General’s Department of the Ministry of Finance & Development Planning.

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

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Buchanan, Grand Bassa - The Government of Liberia through the Ministry of Finance and Development Planning with direct supervision from the Department of Budget and Development Planning, over the weekend, climaxed a three-day planning retreat on the change in the GoL Fiscal Year on Friday, October 2, 2020.

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

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

Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning and the United Nations Economic Commission for Africa West Africa Regional Office ECA/SRO-WA on Tuesday, October 6, 2020, commenced a three-day virtual capacity building workshop for Senior Government Personnel.

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Swedish Mission Visits Liberia

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Monrovia, Liberia  – Swedish Minister for International Development Cooperation, Mr. Peter ERIKSSON, is heading a high-level Mission to Liberia and will arrive on October 8, 2020.

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Painting of the Ministry of Finance and Development Planning Building

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The Ministry of Finance & Development Planning informs the general public, taxpayers, and our development partners that the interior and exterior paintings of MFDP’s Building is ongoing and will last up to a period of two months.

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

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Monrovia, Liberia - The Interagency Payroll Clean-up Taskforce, with immediate effect, has blocked the salary payment of 998 employees, who have been identified as double or multiple payroll dippers across various agencies under the central government. The estimated savings from the blocking of these employees is US$2.2million (Two Million United States Dollars).

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Happy, Happy Birthday, Our Beloved President!!!

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Your Excellency Dr. George Manneh Weah, President of the Republic of Liberia, as you celebrate another milestone on this wonderful occasion marking your 54th Birth Anniversary on today, October 1, 2020, the Minister Hon. Samuel D. Tweah, Jr. and the entire Senior Management Team, as well, the staff of the Ministry of Finance and Development Planning wishes you God’s abundant blessings.

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

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Monrovia, Liberia - Liberia’s Finance and Development Planning Minister, Hon. Samuel D. Tweah, Jr. has called for a more “meaningful and radical” approach to change the investment and development trajectory in Sub-Saharan Africa.
Minister Tweah made the call on Tuesday, September 29, 2020, when he spoke at the 5th US-Africa Investment Forum and Policy Dialogue.

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

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Congratulations to Deputy Minister for Fiscal Affairs at the Ministry of Finance and Development Planning, Honorable Samora P.Z.Wolokolie, for obtaining a Ph.D. in Forensic Accounting & Audit.

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

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Monrovia, Liberia - The Government of Liberia (GOL) through the Ministry of Finance and Development Planning will on Friday, September 11, 2020, hold a one-day workshop leading to the development of a dedicated Citizen’s Budget Portal at the Golden Key Hotel in Paynesville.

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GoL Launches National Aid and NGO Policy

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Buchanan, Grand Bassa County - The Government of Liberia through the Ministry of Finance and Development Planning has launched the National Aid & NGO Policy of Liberia (NAPL) to the public with a unique reporting tool - the Liberia Project Dashboard (LPD). The launch took place in Buchanan, Grand Bassa County, on Saturday, September 5, 2020.

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LIMPAC Donates Office Supplies and Equipment to National Legislature

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Monrovia, Liberia - The Liberia Macroeconomic Policy Analysis Center (LIMPAC), a policy Think Tank and capacity-building center within the Ministry of Finance and Development Planning has presented a consignment of assorted office supplies to the Legislative Budget Office (LBO), the technical policy analysis arm at the Liberia National Legislature.

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Government to roll out National Aid and NGO Policy

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Monrovia, Liberia - The Government of Liberia will next week officially roll out the National Aid and NGO Policy of Liberia (NAPL) to the public with a unique reporting tool - the Liberia Project Dashboard (LPD). 

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

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Monrovia, Liberia - The Comptroller and Accountant General of Liberia, Hon. Janga A. Kowo has applauded the African Development Bank, as well as other development partners for their continuous support to the Government of President George M. Weah.

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

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Monrovia, Liberia - Finance and Development Planning Minister Hon. Samuel D. Tweah Jr., says the Government of President George Manneh Weah will provide the support needed to transform the Financial Intelligence Unit into a robust and efficient entity to fight financial crimes in the country.

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Ministry of Finance and Development Planning Eid Mubarak Message

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Monrovia, Liberia - The Minister, Senior Management and Staff of the Ministry of Finance and Development Planning wish a holy Eid Al Adha Mubarak to all our Muslim brothers and sisters as they commemorate the sacrifice made by Abraham in obedience to Allah's command.

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

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This brief has been necessitated by a misleading article authored by the former Minister of Finance and Development Planning, Mr. Boima Kamara, profiling Liberia’s debt situation and comparing debt performance before and after 2018. Mr. Kamara’s conclusions are fatally flawed and as a former minister, he was offered the opportunity to revise those conclusions to avoid the MFDP issuing a clarification, on the fact that he either may not have had the information that led to the faulty conclusions or did not discern the anomaly in the debt data. Mr. Kamara turned down the opportunity and asked the MFDP to issue the clarification.

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AIIB Board Approves Liberia’s Membership

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The Board of Governors of the Asian Infrastructure Investment Bank (AIIB) has approved Liberia’s membership at its Fifth Annual Meeting held in Beijing, China, on Tuesday, July 28, 2020.

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Ministry of Finance and Development Planning Independence Day Greetings

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Monrovia, Liberia - The Minister, Deputy and Assistant Ministers, Directors and Staff of the Ministry of Finance and Development Planning, on this festive occasion of the 173rd Independence Anniversary of the Republic of Liberia, extend sincere Congratulations and Felicitations to His Excellency the President of Liberia, Dr. George Manneh Weah, the First Lady, Madam Clar M.Weah, the Vice President, Her Excellency Chief Jewel Howard Taylor, the Speaker and Members of the Honorable House of Representatives, the President Pro-Tempore and Members of the Senate, the Chief Justice, Associate Justices of the Supreme Court of Liberia and the Judiciary, the Dean and Members of the Cabinet, the Chairpersons and members of the Boards of Directors of the State-Owned Enterprises and the entire people of the Republic of Liberia.

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

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Monrovia, Liberia - The Government of Liberia represented by the Minister of Finance and Development Planning Hon. Samuel D. Tweah Jr., and the Agence Francaise de Development (AFD), represented by France Ambassador Terence Wills, on Tuesday, July 14, 2020, signed a 10 million Euros grant agreement to support Liberia’s National TVET Policy.

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Liberia gets US$ 9.3 million World Bank Grant

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Monrovia, Liberia - The World Bank has approved USD 9.3 million in additional grants to the Government of Liberia, for the Cheesemanburg Landfill and urban sanitation (CLUS) project.

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

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My fellow Liberians, officials of Government present, invited guests, the members of the Fourth Estate, distinguished ladies and gentlemen:

I am profoundly pleased to be here today and exceedingly grateful to the Leadership of the Press Union of Liberia for inviting me to speak at this historic forum.

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GoL to Enhance and Re-deploy Electronic Document Management System

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Monrovia, Liberia - As the global COVID-19 pandemic spreads in Liberia, the GoL is set to enhance and re-deploy the Electronic Document Management System (EDMS).

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Salary Disbursement for June Ongoing

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Monrovia, Liberia - The Ministry of Finance and Development Planning has begun disbursing salaries checks of Civil Servants for the Month of June to commercial banks as of Friday, June 19, 2020.

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Government Process June Salary

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Monrovia, Liberia -The Government of Liberia through the Ministry of Finance and Development Planning has begun processing civil servants salaries for the Month of June 2020.

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International Partner Hail Budget Transparency

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Dear Minister,  

On behalf of the Global Initiative for Fiscal Transparency and the International Budget Partnership, we recognize the effort that Liberia has made to promote budget transparency. Although this work has sometimes not yielded the expected results and inevitably challenges remain, we know that your leadership has always strongly advanced the disclosure of information on the use of public resources and the expansion of the possibilities for public participation in the budget process. In the 2019 edition of IBP’s Open Budget Survey, Liberia had a 6% increase compared to the 2017 results (link).

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

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The Executive Board of the IMF at a meeting on Friday, June 5, 2020, approved the disbursement of SDR 36.2 million equivalents to US$ 50million or 14 percent of quota under the Rapid Credit Facility (RCF) to Liberia to help address the emergency financing needs stemming from the COVID 19 pandemic.

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Resumption of the Processing of Investment Incentives Certificates

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Monrovia, Liberia - The Ministry of Finance and Development Planning announces with immediate effect the resumption of the processing of Investment Incentives Certificates in consonance with Section 16 of the Liberia Revenue Code.

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

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Monrovia, Liberia - The government of Liberia has commenced the regular publication of revenue and expenditure reports of the various spending entities in an effort to further enhance its commitment to transparency and accountability. Under the new measure, the Ministry of Finance and Development Planning will post weekly fiscal reports to its website (www.mfdp.gov.lr).

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Liberia, USAID Sign US$640 Grant Agreement

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Monrovia, Liberia - The Government of Liberia and USAID, on Friday May 22, 2020, signed Six Hundred-forty million United States Dollars ($640M), Development Objective Grant Agreement (DOAG).

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Eid-ul-Fitr Message from Minister Tweah

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I will like to extend my warmest wishes to Muslims in Liberia and around the world celebrating Eid-ul-Fitr.

As you mark the end of Ramadan, it marks a new beginning for all Muslims and a reason to celebrate.

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

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Monrovia, Liberia - The Government of Liberia, represented by Finance and Development Planning Minister Hon. Samuel D. Tweah Jr., and the European Union Head of Delegation Ambassador Helene Cave on Friday May 22, signed two financing agreements totaling US$ 59 million.

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GoL, and EU to sign two Financing Agreements

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Monrovia, Liberia - The Government of Liberia, and the European Union will on Friday May 22, sign two financing agreements.

Honorable Samuel D.Tweah Jr., Minister of Finance and Development Planning and the National Authorizing Officer Republic of Liberia will sign for the Government of Liberia, while Ambassador and Head of Delegation Madam Helene Cave will sign for the European Union.

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Public Financial Management Unit (PFMU)

Public Financial Management Unit (PFMU): is tasked with providing centralized financial management functions for donor-funded projects in Liberia. The Unit receives payment requests from the Project Implementation Units (PIUs) and processes those payments on behalf of the implementation units.

The PFMU primarily carry out disbursement of donors funds in accordance with donor procedures and report accordingly

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Mobile Money Unit (MMU)

Mobile Money Unit (MMU): is responsible for digital money storage, payments, and transfers of the government. The unit creates awareness and enrollment for civil servants and presidential appointees on the GoL mobile money platform.

The unit intends to drive the Liberian economy from cash-based to a cashless economy using the mobile money platform.

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Technical Services Unit (TSU):

Technical Services Unit (TSU): is responsible for advising the CAG on all technical fiscal related matters, provides training, and assigned comptrollers across line ministries and agencies. The unit also ensures GoL compliance with the implementation of the Treasury Single Account Reform and advises on GoL’s liquidity position.

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Structure

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Department of Comptroller and Accountant General’s

The Comptroller and Accountant General’s Department (CAGD) was established in March 2020 with the passage of the Amended and Restated PFM Act (2019), which was signed by the President of the Republic, His Excellency Dr. George Manneh Weah. This critical reform, which has been in the making for years, was done under the Donor Supported Public Financial Management Reforms Initiative of the Government of Liberia (GoL).

The Department is responsible for government accounting and treasury functions in accordance with the Public Financial Management Act and Regulations (2009), along with its Amendment and Restatement (2019), and other enactments required by law. The CAGD is responsible for initiating, formulating, and coordinating policy for the management of public funds and assets. The Department receives, pays, safeguards, and reports on the receipt and usage of all public funds on behalf of the government.

The Comptroller and Accountant General (CAG) heads the Department and reports to the Minister of Finance. The CAG advises ministries and agencies to ensure the effective implementation of accounting instructions. In line with the International Public Sector Accounting Standards (IPSASs) and with a consultation with the Auditor-General, the Department produces treasury and accounting instructions outlining the basis, policies, classification systems, chart of accounts, and the reporting format to be used in accounting for public funds by all government institutions. The Department is also responsible for producing quarterly and annual reports on consolidated fund accounts, annual government agency accounts, and annual public accounts for the attention of the Minister of Finance and Auditor-General.

For performing the above functions, the Comptroller and Accountant General’s Department consists of the following units :1. Accounting Services Unit (ASU)2. Treasury Services Unit (TSU3. Financial Reporting and Reconciliation Unit (FRRU)4. Technical Services Unit (TU)5. Physical Audit Unit (PAU)6. Inspectorate Unit (IU)7. Mobile Money Unit (MMU)8. IFMIS Unit (IFMISU)9. Public Financial Management Unit (PFMU)

 

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

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Monrovia, Liberia - Hon. Minister Samuel D. Tweah,Jr. as you celebrate another birth Anniversary on today, May 6, the Deputy and Assistant Ministers, Directors and Staff of the Ministry of Finance and Development Planning

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Modalities for Handshakes Payment to GoL Retirees

Monrovia, Liberia - The Government of Liberia has commenced the first phase of the payment of retirement handshake packages to retired civil servants, who served in Montserrado and Margibi Counties, at the Ministerial Complex in Congo Town, Monrovia, under strict social distancing and other health guidelines for the prevention of transmission of COVID-19.

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Ramadan Message from Honorable Samuel Doe Tweah, Jr.

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Monrovia, Liberia - Today, as the holy month of Ramadan commences, I pray that those who are observing this sacred time find comfort and reassurance in their faith. On behalf of the MFDP, I wish you the opportunity to renew and strengthen your faith through rigorous fasting, devout prayer, and reflective meditation, reading the Quran, and charitable deeds. May it bring us good health, prosperity, and peace during this period of COVID-19 Pandemic.

Ramadan Kareem

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

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Monrovia, Liberia - The Government of Liberia wishes to formally announce that since February 2020, approximately 2,154 employees from 14 entities of the Government of Liberia (GoL) were retired after reaching the age of retirement, consistent with the New Social Security Law of 2017. A program to honor the retired employees was planned for early April 2020 but had to be canceled due to the prevailing health emergency in the country.

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GoL Appreciates the IMF for Debt Service Relief

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

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Government of Liberia, Afriland Bank Sign Cash Collateral Guarantee Agreement

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- As Agriculture Minister Lauds the Wisdom and Commitment of Min. Tweah

The Government of Liberia and Afriland Bank have signed a Cash Collateral Guarantee Agreement valued at US$ 700,000, to enhance rice production, processing, and distribution to ensure food security in the country.

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

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Monrovia, Liberia - Liberia's Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr. has disclosed that the World Bank is expected to provide US$15 million under contingency fund to aid Liberia in its fight against the COVID-19 pandemic.

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Liberia, World Bank Sign US$40 Million Budget Support

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Monrovia, Liberia - The Government of Liberia and World Bank have signed a financing agreement totaling US$ 40 million dollars as direct budgetary support for FY2019/2020.

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Minister Tweah Conducts In-house Tour

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Monrovia, Liberia - Liberia’s Finance and Development Planning Minister Hon. Samuel D. Tweah Jr., on Friday, March 13, 2020, carried out an in-house touring of departments/units within the Ministry of Finance and Development Planning.

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

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Monrovia, Liberia - The Government of Liberia has issued administrative control measures intended to reduce growth in its wage bill, as well as to ensure efficiency in the allocation of the National Budget.

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

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Monrovia, Liberia - Liberia’s Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr, says the World Bank Sustainable Management of the Fisheries Project for Liberia (LSMF) will yield enormous economic benefits for the country in alignment with the Pro-Poor Agenda for Prosperity and Development (PAPD).

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The Republic of Liberia Ready for Peer Review

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Monrovia, Liberia - On 4th March 2020, Hon. Samuel D. Tweah, Jr, Minister of Finance and Development Planning and APRM Focal Point, received a technical support mission on the APRM Liberia Process led by the APRM Continental Secretariat CEO, Prof.Eddy Maloka. The technical briefing which was requested by the Government of the Republic of Liberia was aimed at discussing the roadmap to the Peer Review of the Liberia Country Review Report by African Heads of State and Government.

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

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Assistant Minister for Development Planning at the Ministry of Finance and Development Planning, Hon. Benedict Kolubah has presented the country’s report on ECOWAS Post Visioning and Consultation.

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

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Monrovia, Liberia - The Government of Liberia and the African Development Bank (AfDB) have signed Financing Agreements for two Projects valued over US$33 million. The two projects are the “Renewable Energy for Electrification of Liberia (REEL Project) and Support to Investment Promotion Agencies in Transition Countries”.

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

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Monrovia, Liberia - Liberia’s Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr, has assured Liberians that beginning this year (2020), the country will begin to experience recovery and prosperity. He also expressed optimism about increased prospects in the years ahead.

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Season’s Greetings from MFDP

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The Ministry of Finance and Development Planning under the able leadership of Minister Samuel D. Tweah, Jr. along with his team of Deputy and Assistant Ministers, as well as, the entire workforce of the Ministry conveys messages of best wishes during this Christmas Season and a prosperous 2020 to H.E President George M. Weah, Vice President Hon. Jewel Howard-Taylor, the First Lady Madam Clar M. Weah, members of the Cabinet, the Speaker, the Pro Tempore of the Senate, and Members of the 54th National Legislature, the Chief Justice and Associate Justices of the Supreme Court, Members of the Diplomatic Corps, and every Liberian citizen and foreign nationals across the length and breadth of the country.

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

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I extend profound thanks and appreciation to the newly elected leadership of the Press Union of Liberia for selecting me to be the keynote speaker at this Induction ceremony. Delivering a speech at a PUL event has to be a very difficult and delicate business, if only because you have almost the entire media in rapt attendance. You’ve got to be careful about what you say during these occasions!

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19 CSOs Receive Training in Public Financial Management

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Monrovia, Liberia - The Government of Liberia through the Integrated Public Financial Management Reform Project at the Ministry of Finance and Development Planning, and with support from the African Development Bank (AfDB), Saturday, December 14, 2019, climaxed six days of training for nineteen Civil Society Organizations in Public Financial Management.

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

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The Economic Community of West African States (ECOWAS), through its national office in Liberia, and in collaboration with the Ministry of Finance and Development Planning has climaxed two days of National Stakeholders Consultations on ECOWAS post-2020 vision in Devos Village, Tewor District, Grand Cape Mount County.

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

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On December 11, 2019, the Executive Board of the International Monetary Fund (IMF) approved a four-year arrangement under the Extended Credit Facility (ECF) for Liberia in an amount equivalent to SDR 155 million (60 percent of quota or about US$ 213.6 million) to help the country restore macroeconomic stability, provide a foundation for sustainable growth, and addressing weaknesses in governance.

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

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Hon. Augustus J. Flomo, Deputy Minister for Economic Management at the Ministry of Finance and Development Planning believes that the agriculture value chain will enhance job creation, economic expansion, as well as ensuring the domestic revenue capacity of each country.

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

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

Monrovia, Liberia - Liberia’s Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr. has underscored the importance of public financial management reforms in enhancing accountability and transparency in the governance structure of Liberia.

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

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Monrovia, Liberia - The Government of Liberia and the International Bank for Agricultural Development (IFAD) through the World Bank, Thursday, November 21, 2019, signed a $23 million United States Dollars Financing Agreement to boost cocoa production in the country.

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LIMPAC Conduct Training for 20 Women In Entrepreneurs Empowerment

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Monrovia, Liberia - About twenty women from Lofa, Gbarpolu, Margibi, Nimba, Montserrado, Bong and Grand Bassa Counties on Thursday, November 14, 2019, are benefitting from the African Capacity Building Foundation (ACBF) Phase Two training in Women Entrepreneurs Empowerment (WEE). The training is initiated by the Liberia Macro-Economic Policy Analysis Center (LIMPAC) at the Ministry of Finance and Development Planning.

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Public Service Announcement

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The administration of the Ministry of Finance & Development Planning wishes to inform all vendors of government that as of December 15, 2019, all payments will be made via Mobile Money.

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

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Monrovia, Liberia - Hon. Tanneh G. Brunson, Liberia’s Deputy Minister for Budget and Development Planning at the Ministry of Finance and Development Planning has expressed gratitude to European Union, Swedish Government and UN Women for their support through the Spotlight Initiative Project to the country’s Gender Response Planning Budgeting and Coordination Unit (GRPB).

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Gov’t Committed to improving the lives of Liberian Youth

Samora-P.Z.-Wolokolie Honorable Samora P.Z. Wolokolie,

Monrovia, Liberia - Honorable Samora P.Z. Wolokolie, Deputy Minister for Fiscal Affairs at the Ministry of Finance and Development Planning has said the Government of President Dr. George M. Weah is fully committed to improving the lives of Liberian Youth under the Pro-Poor Agenda for Prosperity and Development (PAPD).

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Official Announcement on Mandatory National ID Number for Compensations PAYMENT

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Monrovia, Liberia - The Ministry of Finance and Development Planning (MFDP) reminds all civil servants and employees across the Government of Liberia, that the National Identification Number is a mandatory requirement for receiving compensation from the Government.

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

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Washington DC, U.S.A - The Government of Liberia has signed two financing agreements for the reconstruction of the Ganta-Tappita highway, and the Konia-Voinjama highway projects.

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Government Provides Update on Salaries of 15,000 Teachers

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Monrovia, Liberia - The Government of Liberia has brought up to date the salaries of 15,000 public school teachers with bank account numbers and unique biometric identification numbers issued by the National Identification Registry.

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MFDP Provides Clarity on Teachers’ Salaries Payment

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Monrovia, Liberia - The Ministry of Finance and Development Planning clarifies that the government has already paid the salaries of fifteen thousand (15,000) non-MCSS teachers for the month of August, and is now processing their September pay.

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

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Monrovia, Liberia - Liberia’s Finance and Development Planning Minister and Chairman of the Board of Directors of the Liberia Institute of Statistics and Geo-Information Services (LISGIS), Hon. Samuel D. Tweah, Jr., has encouraged government’s officials and institutions to collectively own the upcoming 2021 National Population and Housing Census (NPHC) process.

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  4867 Hits

Happy Birthday Dr, George Manneh Weah

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The Minister of Finance and Development Planning Hon. Samuel D. Tweah, Jr., Deputy & Assistant Ministers and Employees extend sincere best wishes to his Excellency Dr, George Manneh Weah, on the occasion marking his 53rd Birth Anniversary.

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  4115 Hits

APM Terminals Charges Have Not Been Increased

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

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  3345 Hits

JFK Workers August Pay Ready

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Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning announces that United States Dollars and Liberian Dollars checks for employees of John F. Kennedy Memorial Hospital have been issued for disbursement.

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  3306 Hits

GoL Trains Comptrollers, Accountants in Financial Reporting

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Buchanan, Grand Bassa County - The Government of Liberia with support from the African Development Bank Country office, concluded two days of financial reporting training in International Public Sector Accounting Standard for Comptrollers and Accountants across government spending entities in the country in Buchanan City, Grand Bassa County.

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  3329 Hits

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

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Monrovia, Liberia - Liberia’s Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr., says the Public Financial Management program of the country is on the right path. Minister Tweah made the disclosure at the signing of the Financing Agreement of the Public Financial Management Reform for Institution Strengthening Project (PFMRISP), held Wednesday, August 28, 2019 between the Government of Liberia and the World Bank.

The PFMRIS Project is financed through an International Development Association grant of US$19million equivalent.

The five-year Project was formally approved by the World Bank Board on July 16, 2019. According to the Agreement, the PFMRISP has five components, which include: Enhancing Domestic Resources Mobilization Sources and Systems, Stabilizing and Strengthening Financial Controls and Performance, as well as Improving Oversight and Public Sector Capacity. Other components of the Project are Improving Upstream and Downstream PFM Systems, and Project Management.

Hon. Tweah told the gathering that two effective conditions set forth in the Financing Agreement have been fulfilled by the Ministry of Finance and Development Planning. He named the conditions as the setting up of a Project Management Unit and the preparation and adoption of the Project Implementation Manual.

The Finance Minister revealed that the Government of Liberia is making significant effort in fulfilling the disbursement conditions categories 2 and 4 of the Financing Agreement.

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  3616 Hits

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

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Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning, and the World Food Programme, Tuesday August 27, 2019 signed the World Food Programme’s Country Strategic Plan (CSP) for the period 2019 to 2023

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  5019 Hits

Eid Al Adha Mubarak

Eid-Al-Adha

Eid Al Adha Mubarak to all our Muslim brothers and sisters at the Ministry of Finance and Development Planning in commemorating the sacrifice made by Abraham in obedience to Allah's command.

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MFDP Gets Computers, Printers from AFDB

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Monrovia, Liberia - The Ministry of Finance and Development Planning through its Department of Economic Management on Friday August 9, 2019 received 15 computers including computers tablets and printers from the African Development Bank (AFDB).

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

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The Government of Liberia and the Ecowas Bank for Investment and Development on Tuesday July 30, 2019, signed a loan agreement for the pavement of Liberia’s southeastern road. 

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  3967 Hits

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

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Ganta, Nimba County - A four-day result-based management, planning, monitoring and reporting training for Regional Development Officers and County Monitoring Officers climaxed Thursday, July 25, 2015 in Gompa City, Nimba County. 

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MFDP July 26, Independence Message

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The Minister, Deputy and Assistant Ministers and Staff of the Ministry of Finance and Development Planning wish, on this festive occasion of the 172nd Independence Anniversary of the Republic of Liberia, to extend sincere Congratulations and Felicitations to His Excellency the President of Liberia, Dr. George Manneh Weah, the First Lady, Madam Clar M.Weah, the Vice President , Her Excellency Madam Jewel Howard Taylor, the Speaker and Members of the Honorable House of Representatives, the President Pro-Tempore and Members of the Senate, the Chief Justice, Associate Justices of the Supreme Court of Liberia and the Judiciary, the Dean and Members of the Cabinet, the Chairpersons and members of the Boards of Directors of the State–Owned Enterprises and the entire people of the Republic of Liberia.

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

DSC_6408 Hon. samuel D. Tweah Jr. sign IDA Grant agreement with Liberia World Bank Country Director Hon.Pierre Laporte

Monrovia, Liberia - The Government of Liberia represented by Finance and Development Planning Minister Samuel D. Tweah Jr., and the World Bank thru its Liberia’s Country Director, Pierre Laporte, on Friday July 19, 2019, signed a grant financing agreement for Improving Results in Secondary Education (IRISE) Project.

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Government Spending Entities Conclude PAPD Indicators and Data Collection Validation Workshop

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

Buchanan , Grand Bassa County - A four-days Pro-Poor Agenda for Prosperity and Development Indicators and Data collection Tools validation workshop climaxed Friday, July 5, 2019, in Buchanan City Grand Bassa County.

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Non-State Actors Secretariat Gives 25 Laptops to CSOs

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Monrovia, Liberia - The Non-State Actor (NSA) Secretariat at the Ministry of Finance and Development Planning has donated twenty-five (25) laptops to some Civil Society Organizations (CSOs) working in the country’s Public Financial Management.

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Minister Tweah Assures IMF of Credible Budget

DSC_402_20190625-155030_1 Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr. shake hand with Mika Saito-Deputy Division Chief Western II Division of IMF

Monrovia, Liberia - Liberia’s Finance and Development Planning Minister Hon. Samuel D. Tweah Jr., has assured delegation from the International Monetary Fund (IMF), that the Government of Liberia is committed to credible budget execution during fiscal year 2019/2020.

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“Agriculture Sustainability Critical for Economic Growth” Finance Minister Asserts

3.1 Minister Tweah speaking at the 22nd Session of the Intergovernmental Committee of Experts of West Africa

Harbel, Margibi County - Liberia’s Finance and Development Planning Minister Hon. Samuel D. Tweah Jr., says sustainability in Africa’s agriculture sector is critical for economic growth and development. He said huge investment in agriculture and infrastructure are cardinal in sustaining economic growth.

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GoL, Kuwaiti Fund Sign US$ 20M Loan Agreement

Kuwaiti-Fund-for-ARAB-Economic-Development-and-the-Government-of-Liberia-Signing-a-Loan-Agreement- Kuwaiti Fund for ARAB Economic Development and the Government of Liberia Signing a Loan Agreement

Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning, and the Kuwaiti Fund for Arab Economic Development have signed another loan agreement in the amount of Six Million Kuwaiti dena (KWD 6,000,000.00), approximately Twenty-million United States dollars (US$20,000.000.00).

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Message from the President of the Republic of Liberia

Pres Weah Addresses Audience at Launch of PADPMy Fellow Citizens,

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

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  3451 Hits

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

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

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  3265 Hits

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

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

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Fourth Quarter Public Debt Report FY2017/18

Fourth Quarter Public Debt Report FY2017/18

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Third Quarter Public Debt Report FY2017/18

Third Quarter Public Debt Report FY2017/18

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Third Quarter Public Debt Report FY2017/18

Third Quarter Public Debt Report FY2017/18

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Third Quarter Public Debt Report FY2017/18

Third Quarter Public Debt Report FY2017/18

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July Monthly Debt Bulletin

July Monthly Debt Bulletin

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Pro-Poor Development Agenda to be Launched in Ganta City

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

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

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

Acknowledgment from the Minister of Finance and Development Planning

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

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

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

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

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

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

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

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

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

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

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

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Capacity Building & Training Officer - PFM Reform Coordination Unit

Capacity Building & Training Officer - PFM Reform Coordination Unit

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Employee Handbook

Employee Handbook

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Summary of Budget Preparation Calendar FY-2019/20

Summary of Budget Preparation Calendar FY-2019/20

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

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

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

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

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

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

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

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

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Strengthening Capacity in Financial Reporting of SOEs.

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

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Project Management

Project Management

  1473 Hits

Deputy Project Management

Deputy Project Management

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Financial Management Specialist

Financial Management Specialist

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

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

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  2916 Hits

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

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

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

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

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  3721 Hits

REOI Provision of Legal Collection Services

REOI Provision of Legal Collection Services

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

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

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

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

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  3674 Hits

Liberia to Host Delocalized ECOWAS Parliament Meeting

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

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  4487 Hits

3rd Quarter Fiscal Outturn FY2017/18

3rd Quarter Fiscal Outturn FY2017/18

  1512 Hits

2nd Quarter Fiscal Outturn FY2017/18

2nd Quarter Fiscal Outturn FY2017/18

  1329 Hits

1st Quarter Fiscal Outturn FY2017/18

1st Quarter Fiscal Outturn FY2017/18

  1469 Hits

IFB for Procurement of Air Tickets (LRA)

IFB for Procurement of Air Tickets

  1098 Hits

IFB for Stationery Office Supplies (LRA)

IFB for Stationery  Office Supplies

  1123 Hits

Cleaning Materials (LRA)

Cleaning Materials

  1279 Hits

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

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

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  3262 Hits

Happy Eid Ul Adha

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

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  3196 Hits

Latest Press Release

27 October 2021
Press Release
Monrovia, Liberia - Finance and Development Planning Minister, Hon Samuel D. Tweah Jr. has expressed the need for the Asia Infrastructure and Investment Bank (AIIB) to focus on climate and smart agriculture for Africa’s potential.Doing this, he said,...
26 October 2021
Press Release
On the margins of the  Annual Meetings of the Asia Infrastructure and Investment Bank (AIIB), Finance and Development Planning Minister Samuel D. Tweah, Jr.  participates in a Business Round Table on Climate Fi...

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