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The public is hereby informed that the Government of Liberia has signed an agreement for a grant of US$ 4,800,000 (four million eight hundred thousand USD) from the World Bank for the purpose of financing the MSME Rural Finance Post Ebola Reconstruction Project. Said Project will provide Partial Credit Guarantees (PCGs) and lines of credits for on-lending to Participating Financial Institutions (PFIs) to support MSME sub-loans to eligible MSMEs particularly in agriculture, agro-processing and manufacturing sectors for the carrying out of sub – projects.
1075 Hits
Monrovia, Liberia - A joint-mission comprising representatives of the Saudi Fund for Development (SFD) and Kuwait Fund for Arab Economic Development (KFAED) has ended a three-day visit to the country during which discussions were held with the relevant authorities in Liberia and an agreement reached after series of technical meetings to propose a revised financing arrangement for each contributing donor.
2034 Hits
Monrovia, Liberia - In a collaborative effort to promote non-violence and a conflict-free elections, the ECOWAS National Office at the Ministry of Finance and Development Planning, the National Elections Commission (NEC), as well as the Mano River Union, the Peace Building Office and the Office of the Sustainable Development Goals along with officials of the host county will be hosting the second phase of civic education and voters awareness exercises on Monday, November 6, 2017 in Buchanan, Grand Bassa County.
915 Hits
Monrovia, Liberia - The Liberia Macroeconomic Policy Analysis Center (LIMPAC) of the Ministry of Finance and Development Planning (MFDP) On Tuesday October 31, 2017 contributed LD 500,000.00 (Five Hundred Thousand Liberian Dollars) as support to providing tuition aid/scholarships to about seventeen thousand students of the University of Liberia who feared being dropped out for the First Semester of Academic Year 2017/2018.
886 Hits
The Economic Community of West African States National Office in Liberia in collaboration with the National Elections Commission is expected to commence a week-long civic education and voters’ awareness in three of Liberia’s 15 counties namely: Nimba, Bong and Margibi Counties, beginning this Sunday, October 1, 2017 in Ganta City, Nimba County.
1126 Hits
The Government of Liberia through the Ministry of Finance and Development Planning (MFDP) has signed a US$4.8 million Participating Agreement (PA) and Approval of Withdrawal Request for the Micro, Small and Medium Enterprises (MSMEs) through the World Bank Rural Finance Post Ebola Reconstruction Project with GN Liberia Limited Bank and BRAC Liberia, among others. The signing will enable access to US$ 4.8 million grant from the World Bank intended to make funding available to MSMEs on sustainable terms, strengthen the capacity of Liberia’s private sector financial institutions and banks to lend profitably to Small Medium Enterprises (MSMEs).
1373 Hits
Monrovia, Liberia - Finance Minister Boima S. Kamara has cautioned the young people of Liberia against allowing themselves to be used by anyone or a group of politicians to engage in violent behaviors that will lead to the destruction of lives and properties during the electoral process.
1253 Hits
The Director General for SDGs Center for Africa, fellow Ministers and other officials of the government of Liberia here present, members of civil society, representatives from the academic community and the private sector, members of the fourth estate, distinguished ladies and gentlemen.
1321 Hits
Liberia’s Finance and Development Planning Minister, Hon. Boima S. Kamara, at the head of a three-man delegation, joined his counterparts from across the continent in Addis Ababa, Ethiopia from August 7 to 9 to assess the status and accelerate implementation of the decisions of the Assembly of Heads of States and Government to ensure financial autonomy of the Union by 2020.
1232 Hits
Monrovia, Liberia - The President of Liberia, Her Excellency Madam Ellen Johnson Sirleaf is expected to meet delegates attending the ongoing Statutory Meetings of Finance Ministers and Central Bank Governors of the West African Monetary Zone (WAMZ) on Friday, 4 August 2017.
1199 Hits
The government of Liberia says between 2014 through 2016, the economies of countries in the sub region were hard hit by unfavorable economic conditions including commodity price shocks, natural disasters and epidemic outbreaks.
1024 Hits
The Executive Governor of the Central Bank of Liberia (CBL), Mr. Milton A. Weeks, on Monday 31 July 2017, set the tone of the 26th meeting of the College of Supervisors of the West African Monetary Zone (CSWAMZ) by urging members of the College of Supervisors of West African Central Banks to think through what is likely to cause a banking/financial crisis in the West African monetary zone as well as the efforts required to address such crisis. He said: “The need for a zonal crisis prevention, management and resolution framework is more and more evident. Do we have the right mechanisms to address the potential risks associated with the increasing digitization of our financial systems?”
1183 Hits
The Government of Liberia through the Office of the National Authorizing Office, Ministry of Finance & Development Planning has kick-off a contract to put up additional transmissions and distribution lines intended to absorb more electricity to Monrovia from the Mount Coffee Hydro Dam.
1205 Hits
The Executive Governor of the Central Bank of Liberia (CBL), Mr. Milton Weeks says global commodity price shock and the impact of a devastating Ebola Virus Disease (EVD) are two major factors responsible for the dismal performance of the Liberian economy during 2016.
1010 Hits
The 2017 Mid-Year statutory meetings of the West Africa Monetary Agency (WAMA) and the West Africa Monetary Institute (WAMI) got underway today in the Liberian capital, Monrovia, with invited delegates from the sub region in attendance.
873 Hits
The Director General of the West African Monetary Agency (WAMA), Mr. Momodou B. Saho, says the ongoing ECOWAS conference comes against the backdrop of slowdown in growth momentum in the sub region reflecting developments in the largest economy, Nigeria.
834 Hits
Monrovia, Liberia - Fiscal and Monetary policy experts in the West African sub region will today in the auditorium of the Central Bank of Liberia, commence a nine-day intensive High-Level Statutory Conference aimed at finding workable solutions to the numerous economic challenges facing their embattled economies.
778 Hits
A high-level statutory conference of the Committees of the Ministers of Finance, Governors of Central Banks and the College of Supervisors of the West African Monetary Zone (WAMZ) is slated to take pace in Monrovia from July 27-August 4, 2017.
833 Hits
The attention of the Ministry of Finance and Development Planning (MFDP) has been drawn to the Tuesday, July 18, 2017 edition of the FrontPage Africa Newspaper in which the paper erroneously reported a potential US$41 million dollars deficit for the just ended 2016/2017 fiscal year not on the basis of factual reporting but on account of “reliable or financial experts.
887 Hits
The Minister of Finance and Development Planning, Hon. Boima S. Kamara along with other senior officials of the Ministry yesterday toured the ongoing upgrade and expansion work at the Roberts International Airport. The upgrade and expansion work covers the rebuilding of the New Terminal, the Rehabilitation of the Runway, Road Station, Parking lots, Sewage Treatment System, Electricity systems and other major key components at the Airport.
865 Hits
Latest Press Release
24 November 2017
The public is hereby informed that the Government of Liberia has signed an agreement for a grant of US$ 4,800,000 (four million eight hundred thousand USD) from the World Bank for the purpose of financing the MSME Rural Finance Post Ebola Reconstruct...
17 November 2017
Monrovia, Liberia - A joint-mission comprising representatives of the Saudi Fund for Development (SFD) and Kuwait Fund for Arab Economic Development (KFAED) has ended a three-day visit to the country during which discussions were held with the ...
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