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

20191022-164924

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.

Liberia’s Minister of Finance and Development Planning Samuel D. Tweah Jr., who presented his country case as head of the delegation at the annual 2019 IMF/World Bank Spring Meetings in Washington, signed two financing agreements in the amount of US$20 million grant with the World Bank under its SECRAM project for Ganta-Tappita highway project.

Also, another US$ 25 million concessional facilities for the Konia-Voinjama highway in Lofa County was signed under the OPEC Fund for International Development.

This Konia-Voinjama signing fully completes the financing of the Gbarnga-Lofa corridor of the project, and thus paves the way for the country’s private sector window to access OPEC funding at concessional rates.

With the signing of these agreements, paving of roads especially in the rural areas will stimulate economic activities in the country.

Latest Press Release

14 November 2019
Press Release
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 En...
14 November 2019
Press Release

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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