The unit ensure a professional and result oriented relationship with the donor community thereby improving aid effectiveness and harnessing transparency, with the GoL playing more leadership role in the management of external aid and other resources.
The unit is responsible to produce periodic reports and policy papers on external assistance ensuring a regular and timely dissemination of such reports to stakeholders.
Conduct evidence-based research to inform the design and implementation of public policy that promotes sustainable economic growth and development in Liberia.
Play advisory services to the Minister of Finance and other departments within the ministry of Finance and Development Planning and provide capacity support to government functionaries to improve resource allocation and service delivery through sound economic and public financial management.
Conduct capacity building and support training needs for public sector employees.
Partner with key data-generating institutions to collect, validate, update, and publish socioeconomic data at the administrative district levels of Liberia to facilitate and increase independent research studies on Liberia.
Registration and Accreditation: The Unit handles the registration and accreditation of all NGOs operating in Liberia, ensuring they meet legal and operational requirements.
Projects Verification: The Unit is responsible for project verification implemented by NGOs to ensure alignment with Liberia’s development goals, including the Sustainable Development Goals (SDGs).
Coordination and Collaboration: It coordinates with various government ministries, agencies, and development partners to facilitate effective collaboration and avoid duplication of efforts between NGOs and the government.
Capacity Building: The Unit provides technical support and training to NGOs, helping to strengthen their operational capacity, enhance their programming, and align their work with national priorities.
Policy Advisory: The Unit contributes to policy formulation regarding NGO activities and development strategies, providing insights and recommendations to ensure a cohesive approach to national development.
The National Authorizing Office represents the Government of Liberia in all operations financed from the European Development Fund managed by the European Union.
Mr. Dehpue Y. Zuo: Deputy Minister for Economic Management, Ministry of Finance and Development Planning. Prior to his appointment, he directed the National Telecommunication Information and Administration (NTIA) at the Tohono O’odham Community College in Arizona, USA. Formerly Co-founder and Executive Director of Partnership for Sustainable Development in Liberia (PSDL), a non-governmental institution focused on macroeconomic policy, development policy and planning, and the domestication and implementation of Sustainable Development Goals (SDGs) interventions in Liberia.
He served as Deputy Minister for International Cooperation and Economic Integration, and Assistant Minister for International Cooperation and Economic Affairs, Ministry of Foreign Affairs of the Republic of Liberia respectively. Macroeconomist/Policy Analyst with the Liberia Macroeconomic Policy Analysis Capacity Building Project (LIMPAC), Ministry of Planning and Economic Affairs and served on the Board of Trustees of two colleges in the Republic of Liberia - Liberia International Christian College and Nimba County University.
Mr. Zuo is a development practitioner, with interest in economic and social development policy research and analysis. He has worked on several economic development policy documents in Liberia. He holds Master of Science degrees in Applied Economics (2022) and Economic Development (2007) respectively, from the Southern New Hampshire University, New Hampshire in the United States of America (USA). He also obtained Master of Arts degree (2005) in Community Development from North Park University, Illinois, USA. He did his Bachelor of Science in Economics (2001) at the University of Liberia. Mr. Zuo is married with six children and two grandchildren.
The unit is require to lead on the Nation’s debt analysis and strategy formulation.
The unit shall lead in the coordination of a Debt Management Committee which shall be responsible for advising the Minister of Finance on all issue relating to debt management policy, and ensuring an efficient, effective and professional public debt management in the Country.
The economic policy unit drives the agenda for the country’s economic transformation. There are three sections within the unit of Economic Policy, namely: Domestic Economy section, External Sector section and Coordination section.
The Domestic Economy section
Focuses on issues unfolding in the manufacturing, industry, mining and infrastructure including production trends at the macro and sector level. In addition, the section liaises with investment regulatory bodies to analyze investment climate for both foreign and domestic investors.
The External sector section
Primarily monitors and review developments in the external sector of the economy, including foreign trade, remittances and balance of payments. In addition, the sector also focuses on policies regarding foreign direct investment (FDI).
The unit is charged with the responsibility of dealing with all macroeconomic and financial sector reporting, briefing, and policy development. Macroeconomic issues include GDP estimates and forecasting, balance of payments, exchange rate, inflation management, monetary and credit trends, and, monetary policy. Financial sector issues include financial stability, financial sector development and access to finance, and other government policies that have a bearing on commercial banks, insurance companies or other aspects of the financial sector.
The unit regularly monitor trends in the areas of performing analysis and provide briefing, advice on policy matters, and liaise with the Central Bank, particularly regarding monetary and exchange rate issues, liquidity coordination, access to finance, and financial stability.
The unit also deal with capital markets including entry of foreign investors in these sectors. In consultation with the Central Bank of Liberia it will strive to put in place policies for a healthy and efficient financial sector and a transparent regulatory regime for the operating entities.
.The Department of Economic Management is responsible for formulating and monitoring the Country's economic policies and programs. It is the principal adviser to Government of Liberia on economic policy, and drives the country’s flagship development agenda the Pro-Poor Agenda for Prosperity and Development. The department also deals with all matters relating to debt management and external resource mobilization which include external debt and foreign aid, and relations with bilateral and multilateral financial institutions.
The Economic Management Department is the nodal department dealing with the Central Bank of Liberia on macroeconomic policies. The department also deals with matters concerning financial sector policies including banking, insurance and capital markets. The Department has two Divisions: Economic Policy Macroeconomic and Financial Sector Division, and External Resources and Debt Management.
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The Department is charged with the responsibilities for formulating and monitoring the country's economic policies and programs, which have a bearing on internal and external aspects of economic management. It is the principal adviser to GOL on economic policy, and drives the Government’s development agenda - the Pro Poor Agenda for Prosperity and Development. The department deals with all matters relating to debt management including external debt and foreign aid, as well as maintains relations with bilateral and multilateral financial institutions. It is also the nodal department for dealing with the Central Bank and the macro policies. The department deals with matters concerning financial sector policies including banking, insurance and capital markets. In addition, the Department works closely with external organizations, including the IMF, in developing macroeconomic forecasts for the Liberian economy.
Structure The Department has two divisions, namely External Resources and Debt Management Division and Economic Policy, Macroeconomic and Financial Sector Policy Division. Each division, headed by an Assistant Minister, comprises two units, namely, Aid Management and Coordination Unit and Debt Management Unit, all of the former division, and the Economic Policy Unit and Macroeconomic and Financial Sector Policy Unit, all of the latter division.
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P. O. Box 10 - 9016
Broad & Mechlin Street
1000 Monrovia
info@mfdp.gov.lr