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- Jubilations Ensue Across Liberia as Government Announces Comprehensive Salary Enhancements in FY 2025 Budget - No Civil Servant is to take Less Than US$150
- IMF Concludes Successful Mission to Liberia on Extended Credit Facility Program Review
- Media Engagement: Minister of Finance & Development Planning, Hon. Augustine Kpehe Ngafuan, to Address MICAT Regular Press Briefing
- President Boakai Presents FY2025 Draft National Budget to the National Legislature
- USAID, Liberia Sign US$114.4 Million Dollar Grant Agreement
- MFDP and KOICA Sign Memorandum of Understanding for Enhanced Development Cooperation In Liberia
- Government and Partners Begin Validation of Draft AAID, Set End of November for Official Launch
- Liberian Delegation Held Meetings with MCC, US State, and Treasury Departments
- Be Accountable and robust for Effective Service Delivery, Say Hon. Nettey
- Government Reports Success in Public Financial Management Reforms
- EBID, other Development Partners are invited to Liberia for More Transformative projects, say Hon. Ngafuan
- Minister Ngafuan Chairs 28th Statutory Meeting of The Africa GROUP 1 Constituency Panel Meeting.
- Finance and Development Planning Minister Augustine Kpehe Ngafuan Departs Liberia for Washington DC
- Finance and Development Planning Minister Confirms Government’s Efforts to Enhance Civil Servants' Salary
- Ministry of Finance appreciates outgoing AFDB Country Manager Dr. Benedict S. Kanu
- Liberia’s Finance Minister Augustine Kpehe Ngafuan Engages Private Sector Leaders to Foster Economic Growth
- Deputy Finance & Development Planning Minister Bill McGill Jones Appointed to Lone Star Men Football Team Mobilization and Fundraising Committee
- MFDP and LIPA Sign Memorandum of Understanding to Enhance Skills of 221 Employees of MFDP
- Deputy Minister Brunson Stresses Importance of Legislative Participation in County Development Agendas
- The UK Ambassador Reinforces Commitment to Liberia’s Development During Courtesy Call with Minister of Finance and Development Planning, Hon. Augustine Kpehe Ngafuan.
- Deputy Finance Minister Emphasizes Community Input in FY 2025 Budget Drafting Process During Legislative Engagement in Monrovia
- Minister Ngafuan Champions Grassroots Needs in National Development Planning
- IMF’s Board and Management Approve US$210 Million for Liberia
- Minister of Finance and Development Planning, Honorable Ngafuan receives the IMF New Country Representative to Liberia
- Liberian Government takes the budget to the people through the National Open Budget launch in Bong County
- Open Budget Initiative (OBI) Outreach & Consultations Starts Nationwide
- Minister Ngafuan Highlights U.S. Contributions to Liberia's Development
- "For the first time." GoL projects are uploaded on Liberia’s Project Dashboard.
- Minister Ngafuan discloses that the automation of government transaction processes will increase accountability.
- Gbarnga to Host Landmark Consultations for Persons with Disabilities
- Minister Ngafuan calls for robust Development cooperation to drive Liberia's economy
- Super BOSA Honors Finance Minister Augustine Kpehe Ngafuan in Heartfelt Sendoff
- Blocking/Suspension of Unverified Individuals on the National Payroll
- GOL Adopts Two Financial Management Instruments
- Liberia Holds Validation to Shape National Position for Global Summit of the Future
- Senate Confirms Hon.Ngafuan as Minister of Finance and Development Planning
- Ngafuan Recommends Revision of Salary Harmonization
- Statement Delivered by Augustine Kpehe Ngafuan, Minister of Finance and Development Planning-Designate at His Confirmation Hearing Before the Ways, Means, Finance, and Budget Committee of the Honorable Liberian Senate
- South Sudan Delegation Embarks on Week-Long Study Tour in Liberia to Explore Public Financial Management and Human Resource Systems
- Liberia, IMF Reach US$ 209 million Staff-Level Agreement for ECF Support - Acting Finance Minister Myers Discloses
- Government of Liberia (GoL) Develops Digital Survey Platform to Solicit Liberian Diaspora’s Inputs into the Formulation of the new National Development Plan - The ARREST Agenda for Inclusive Development (AAID).
- “Bridge the generational gaps by building generational wealth”, Hon. Dehpue Zuo tells graduates
- Ministry of Finance Submits Draft Recast Budget to National Legislature
- Montserrado County Consultation Concludes with Strong Citizen Engagement
- Acting Finance Minister Anthony Myers Explains Budget Disaggregation
- Liberia and the European Union Reinforce Partnership at the 12th European-Liberia Dialogue
- Liberian Government Holds National Development Plan County Consultation in Sanniquellie, Nimba County: Engaging Citizens for an Inclusive Development
- Acting Finance Minister Hails Outgoing IMF Resident Representative for Liberia, Aidar Abdychev, Amidst Key ECF Negotiations
- Lofa County Sets Ambitious Development Agenda: A Blueprint for Progress
- Agriculture, Road and Tourism are potential elements for National Investment across the country, says Hon. Anthony Myers
- Government Reinforces Commitment to Inclusive Governance through National Development Plan Consultations
- Score Wave 4 Highlights Need for Social Cohesion in Liberia's Development
- Phase Two of District Consultations Underway Across Liberia
- Acting Finance Minister wants SOE strategies to align with the ARREST Agenda.
- Sweden Commits $5 Million Grant for Feeder Road Construction in Three Counties
- Government of Liberia Begins National Development Plan Consultations Across Liberia
- Acting Finance Minister Myers Urges Inclusive Approach to National Development
- President Boakai formally launches processes leading to crafting of ARREST Agenda for Inclusive Development
- Liberian Economy Stable as Growth Rate Stands at 5.1 Percent, Acting Finance Minister Discloses
- Acting Minister appearance at MICAT Special press conference to be held at MICAT tomorrow
- Ministry of Finance climaxed a three-day working session on the PFM Strategy & Action Plan
- Government Agencies Collaborate to Address Coastal Resilience for Vulnerable Communities in Sinoe County
- President Boakai Appoints Anthony Myers as Acting Finance Minister
- Government Holds Consultative Meetings before National Development Plan Consultations
- Finance Minister Advocates for Increased Partner Support in Shaping National Development Agenda
- Liberia Secures $80 Million in Financing for Governance and Energy Initiatives
- IMF to Conclude Visit and Address Media on Extended Credit Facility Program
- Finance Minister Kamara Apologizes to Lawmakers for Absence, Citing Medical Reasons
- Ministry of Finance & Development Planning (MFDP) Announces New Measures to Enhance Working Conditions and Employee Benefits
- Liberia Reaffirms Commitment to IMF Partnership and Fiscal Prudence
- International Monetary Fund (IMF) Delegation Visits Liberia for Extended Credit Facility (ECF)/New Country Program Negotiations (June 24-July 5, 2024)
- Inclusive Consultative process across all Counties will lead to a vibrant National Development Road Map, Says Deputy Minister Brunson
- Ministry of Finance and Development Planning Recommits to Adequately Implementing the Government’s Fiscal Agenda
- Liberia’s Comptroller and Accountant General Calls for a Robust County Treasury Office; Says it’s Key for Service Delivery
- Ministry of Finance Highlights Fiscal Decentralization as Key to the National Policy on Decentralization, as county local leaderships benefit a three-day training
- Achieving Sustainable Development, Addressing Key Challenges and Maximizing Available Resources Are Key to the National Development Plan; As MFDP and partners commit to the success of the ARREST agenda
- Minister Kamara Challenges AfDB to Improve its Financing Model to Spur Growth in Special Sectors in Member States
- Liberia and Canada Renew Economic Cooperation
- MFDP Concludes Validation of 2010 Chart of Accounts Manual
- Finance Minister Leaves Liberia this Weekend for the Annual Meetings of the African Development Bank in Kenya
- GoL Holds Cross Consultative Meeting With MACs on NGOs Sectorial Clearance
- Finance Ministry Debunks Claims of Corruption in Budget Management System Contract; Commits to Transparency and Fiscal Probity
- Finance Ministry Trashes Rumors of Minister Kamara’s Poor Health
- Deputy Minister Myers Clarifies that Government Achieved 74 Percent Progress in Hundred Days Deliverables; The Figure Constitutes Combined Ongoing and Completed Progress
- "Choose What Matters Most at a Particular Time’’ Madam Koung Urges MFDP’s Women
- MFDP Denounces ‘Grant’ Publication on a Fake Page in Min. Kamara’s Name
- Spending Entities Should Provide Technical Details, Policies Context and Practical Implementation for Budget Execution, says Acting Liberia Finance Minister, Hon. Myers
- Grand Bassa Citizens need to take Ownership of Development to enhance Domestic Resource Mobilization for Improved Service Delivery, says Minister Zuo.
- MFDP submits Annual Consolidated Financial Statement
- Government Intensifies Electrification of Rural Liberia; As GoL, EU Break Ground for Electricity Facilities for Buchanan and Greenville Cities
- To Impact Lives of ECOWAS Citizens; Deputy Foreign Minister Dr. Nyei Wants Quick Win and Tangible Projects
- MFDP Categorically Denies Calling for Project Proposals under a so-called Ministry of Finance and Development Planning and Affirmative Finance Action for Women in Africa (AFAWA) Project.
- Strong PFM, Fiscal Management and Budget Implementation will lead to Economic Growth, Say Assistant Minister Designate for Expenditure
- MFDP Clarifies on "Fake" Entrepreneurship Program
- Eid-ul-Fitr Message from MFDP
- Deputy Minister McGill Jones Applauds Muslim Staffs at Finance for a Successful Fast Month
- Finance Minister Wants Increased Focus on Expansion of the Country’s Economy
- GoL’s Economic Management Team Holds First Meeting
- 17 Comptroller of Government Entities Salaries Withheld
- "GoL, UN Launch a Robust Technical Support to National Development Plan.’’
- GoL Commits to Servicing Domestic and External Debts
- ‘’ GoL is dedicated to tackling climate change-related interventions through a paradigm shift’’ says Hon. Brunson.
- Sweden Approves USD400k to finance Liberia’s National Development Plan
- ''GoL remains robust in supporting fiscal transparency and public participation during the budget process’’ says Hon. Brunson.
- Ministry of Finance and Development Planning Suspends NGO Online Accreditation Due to Technical Issues
- “The ARREST Agenda is here to take Liberia to the finish line of SDG’’ says Hon. Dehpue Zuo
- GoL submits USD 692.2M Revised Draft FY2024 National Budget
- "Let’s Remain Open and Supportive to USAID LEAD Project’’ says Hon. Kamara
- MFDP Ramadan Message
- ‘’ GoL and World Bank Mission team conclude a week-long meeting’’
- GoL, AFDB sign US$40 Million Loan for Mano River Road Development and Transport Facilitation project
- “Let us Provide Useful Information that will positively impact 100 days’ Deliverables”, says Minister Brunson.
- "Farms to Market roads are key to the ARREST Agenda’’ says Minister Kamara
- "Let us forged a Stronger Partnership to create one Development Basket”, says Minister Boima S.Kamara
- Comptroller and Accountant General urges Ministries, Agencies, and Commissions to Uphold Public Financial Management Law
- "Identify National Issues Confronting Macroeconomic Stability’’ Finance Minister Kamara says.
- Circular to head of Line Ministries, Agencies & Commissions Requesting the Submission of Dummy Payrolls by 10th of Every Month
- Let's put the Government Back to Work, Minister Kamara urges MFDP Employees
- Finance Minister Boima Kamara Unveils Blueprint for a Vibrant Liberian Economy Focused on Domestic Production and Private Sector Empowerment
- MFDP submits FY 2024 Draft National Budget at USD 625.57M
- For Immediate Press Release
- Government of Liberia and the African Development Bank (AfDB) Forge Partnership to Construct the Coastal Highway, Igniting Economic Transformation
- '’ National Development Agenda and framework papers is key for National Growth"-Says Deputy Minister Flomo
- GoL, World Bank Sign US$65 million for Resilient Recovery Stand-Alone Development Policy Financing
- Signing ceremony of Financing Agreement with the Ministry of Finance and Development Planning in Additional Financing Support to the REALISE Project, and signing of partnership commitment by AFD, Sweden, and World Bank
- University Graduates should develop critical skill sets in various disciplines, Deputy Minister Brunson Urges
- GoL, AFDB sign 3.9 Million grant Agreement to Upgrade CBL Payment Infrastructure System
- "Liberia is making Significant progress in Development Says Minister Tweah "
- GoL Holds PAPD Leadership Meeting; As Minister Tweah Asserts: “Collectively We Can Land Strong on the Implementation of the PAPD”
- Remarks Delivered by the Honorable Minister of Finance and Development Planning, Hon. Samuel D. Tweah, Jr at the National Honoring ceremony for out-going World Bank Country Manager for Liberia
- AfDB Executive Directors Arrive in Liberia
- “Regional integration is critical for transformation across Africa’’, says Minister Tweah
- Joint Press Release: Special Compliance Audit of the GoL Payroll
- GoL, World Bank sign financing agreements totaling US$50M
- GoL Climaxes Nationwide VAT Validation Awareness in Grand Gedeh County
- Merry Christmas and a Happy Prosperous New Year 2023
- Ministry of Finance Informs the Public that Minister Tweah, others are responding to treatments
- GoL, Development Partners Conclude National Portfolio Review
- GoL, France Sign US$1.2M Grant Financing Agreement
- "We are here to reaffirm our Commitment to do more’’ Says Minister Tweah"
- Ministry of Finance Holds PIM Consultation
- MFDP Birthday Message to President Weah
- Comptrollers General, others get certificates in Local Currency Bond
- GoL Climaxes Nationwide VAT Validation Awareness in Bomi and Bong Counties
- Cross Session of Montserrado, Grand Bassa and Nimba Citizens Plead for Improvement in Basic Social Services
- Government Considers CSOs as Important Partners for Development, says Acting. Min. Hon. Lawson.
- GoL Launches Online Platform for NGOs Registration, Accreditation
- “EU a True Partner in the Energy Sector”, Finance Minister Samuel D. Tweah Discloses
- GoL, EU to Commission Newly Constructed Congo Town Electricity Substation
- Let us decentralize Knowledge sharing across the Counties for results. Says Minister Kolubah
- ‘’ Let us focus on the most Important and Impactful Interventions for the 2023 National Budget’’ says Minister Brunson.
- Acting Deputy Minister Lawson receives donation from Doxxbet sports betting company
- LIMPAC trains Payroll Analysts within the Department of Budget and Development Planning
- JULY 26th Independence Day Message
- MFDP Climaxes Public Financial Management Awareness in Margibi, Grand Bassa Counties
- ‘’Government Remains Committed to Fiscal Transparency’’, says Minister Tweah
- Comptroller General Informs Bomi Citizens on Public Financial Management Processes
- ‘’Women Empowerment Sits at the middle of the Economy’’ says Minister Tweah; As GoL, World Bank signs over US$44.6M Agreements
- Liberia’s delegation exchange notes with Ugandan counterparts on macroeconomic policy framework
- MFDP host the Ambassador of the Federal Republic of Nigeria H.E Godfrey A.E Odudigbo FDC at the Third Series of the Ambassadorial Reform Dialogue.
- The Liberian Senate, 31st Day Sitting, 5th session.
- RCU holds Ambassadorial Reforms Dialogue Series No.2 with US Ambassador Michael McCarthy
- MFDP kicks Off Public Financial Management Awareness in Montserrado.
- ECOWAS delegation meets Deputy Finance Minister for Fiscal Affairs
- GoL, World Bank sign project valued $40M
- PFMRCU launches Ambassadorial Reforms Dialogue Series with Chinese Ambassador, H.E. Ren Yesheng
- ECOWAS High Level Delegation is expected to visit Liberia soon
- GoL Holds Consultation on Voluntary National Review
- President Weah Approves Rufus N. Darkortey as Executive Director at the African Development Bank
- MFDP Launches Pre-VAT 3rd Stakeholder Engagement Dialogue
- MFDP Clarifies on "Fake" Enterpreneurship Program
- MFDP Climaxed Aid Coordination, Macroeconomic Framework Workshop
- World Bank support to the Fisheries and Education Sector is Remarkable says Minister Tweah
- “Governments should prioritize combating and preventing illicit financial flows”, Deputy Finance Minister tells UN Development Forum
- GoL, and Development Partners sign MOU to Strengthen Development Cooperation for Aid Effectiveness
- President Weah holds PAPD Steering Committee Meeting on Monday April 11, 2022
- GoL, World Bank Sign Financing Agreements Totaling US$ 40M
- RCU Begins Engagement with Head of EU
- FreeBalance Consultants in Town for Stakeholders’ Meetings
- IMF Mission team visits Liberia on ECF 4th article Review
- LIMPAC Donates Office Supplies and Equipment's to MCSSTA
- Account Closure to All MAC's
- MACs Engaged in a Two-day Validation of the PFM Regulations
- Clarification on GoL Employees’ Liberian Dollar Salary for Fiscal year 2022
- PFMRCU Distributes Copies of the PFM Act to Several Institutions of Government
- Enforcement of Standing Human Resource Management Policies and Regulations Regarding Payroll Processing
- France Support Liberia's Vulnerable with Euros 10M Grant
- Minister Tweah urges AMEU students to chat the path of Transformation
- Circular Communicating Change of Fiscal Periods
- Government of Liberia Fully Commits to the Introduction of the Value Added Tax
- Finance Minister New Year Message to Staff of MFDP
- Season’s Greetings
- Reform Coordination Unit holds Working Session on National Capacity Building Implementation Plan
- World Bank Group Executive Director for Liberia, Dr. Taufila Nyamadzabo Arrives in Liberia on Wednesday, December 8, 2021
- Ministry of Finance and Development Planning Heads a Study Tour to Freetown, Sierra Leone
- Tax Exemption is Cardinal for the Collection of Domestic Revenue, says Dr. Samora P. Z. Wolokolie
- Finance Ministry submits FY2022 Draft National Budget
- RCU Presents New Copies of Amendment and Restatement of the Public Financial Management Act of 2009.
- GoL, CSOs Dialogue on FY/2022 Budget Preparation
- Minister Tweah Meets with Representatives of Civil Society Organizations
IMF’s Board and Management Approve US$210 Million for Liberia
Monrovia, Liberia - The International Monetary Fund Management and Executive Board have approved a 40-month Extended Credit Facility (ECF) arrangement in the tone of US$210 Million for Liberia.
The IMF’s Management and Executive Board made the approval at a Board meeting on Wednesday, September 25, 2024.
Commenting on the IMF Board's decision today, Finance and Development Planning Minister Augustine Kpehe Ngafuan expressed elation over the approval by the IMF’s board.
He termed the achievement as a monumental step in ensuring that Liberia threads the path of fiscally responsible and sustainable development. He also noted that the IMF Board's decision is an expression of confidence in the partnership between Liberia and the IMF.
This achievement, Minister Ngafuan said, is a result of an all-of-government effort ably led by President Boakai.
The Finance and Development Planning Minister thanked President Joseph Nyumah Boakai for his exemplary leadership role and commitment throughout the process.
He also lauded the National Legislature, the Central Bank of Liberia, his team at the Ministry of Finance and Development Planning, the Liberia Revenue Authority and other government stakeholders for their respective roles in making the program a reality.
It can be recalled that on August 26, 2024, the International Monetary Fund staff and the Liberian auth
orities reached a staff-level agreement on a comprehensive set of policies to support the Extended Credit Facility (ECF).
IMF Press Release No. 24/342
Liberia: IMF Executive Board Approves Forty-Month US$210 Million Extended Credit Facility Arrangement
Latest Press Release
19 November 2024
Monrovia, Liberia - The Government of Liberia has announced that no central government employee earning below the US$150 minimum monthly salary threshold, as stipulated by the Decent Work Act of 2015, will receive less than US$150 in gross month...
19 November 2024
Monrovia, Liberia: The International Monetary Fund (IMF) has completed a two-week mission to Liberia, reviewing critical issues related to the country’s Extended Credit Facility (ECF) program. The mission, which focused on assessing the progress made...
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