Mon - Fri: 9:00 - 17:00
Sat-Sun Closed
Broad & Mechlin Street
info@mfdp.gov.lr

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

12 March 2024
Press Release

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

01 March 2024
Press Release
Monrovia, Liberia - The Government of Liberia and the African Development Bank have signed a $40 million loan agreement for the Mano River Road Development Transport Facilitation Phase 1 project. The agreement aims to enhance road infrastructure and ...

Calendar

Wait a minute, while we are rendering the calendar
Location

P. O. Box 10 - 9016
Broad & Mechlin Street
1000 Monrovia
info@mfdp.gov.lr

Subscribe

Get updates and important events straight to your inbox. We don't spam

© Copyright 2024 | Ministry of Finance and Development Planning | . All Rights Reserved.

Search