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Monrovia, Liberia – The Government of Liberia, through the Ministry of Finance and Development Planning (MFDP), in collaboration with various ministries, agencies, and key stakeholders, held discussions today to launch consultations for the upcoming national development plan.
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Monrovia, Liberia: Boima S. Kamara, Liberia's Minister of Finance and Development Planning, is urging international partners and allies to remain dedicated to supporting the country's development efforts.
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Monrovia, Liberia - The government of Liberia, through the Ministry of Finance & Development Planning (MFDP), and the world bank have signed two separate financing agreements worth 80 million us dollars.
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Monrovia, Liberia - The International Monetary Fund (IMF) delegation, led by Daehaeng Kim, will conclude its mission in Monrovia this weekend.
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Monrovia, Liberia - Finance and Development Planning (MFDP) Minister, Hon. Boima S. Kamara, has apologized to the Plenary of the House of Representatives for what the House described as his persistent refusal to respond to their invitations.
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Monrovia, Liberia - The Ministry of Finance and Development Planning (MFDP) has announced several new measures aimed at improving working conditions at the Ministry.
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Monrovia, Liberia - The mission of the International Monetary Fund is visiting Monrovia to assess the possibility of providing financial support under the Extended Credit Facility (ECF). Speaking at the start of the engagements on Monday, June 24, 2024, at the Ministry of Finance and Development Planning, IMF Mission Chief Daehaeng Kim DK said he is excited to be in Liberia as part of the assessment of the Extended Credit Facility (ECF) for the country.
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Monrovia, Liberia - A high level delegation from the International Monetary fund (IMF) led by Daehaeng Kim DK visits Monrovia from June 24 to July 5, 2024 to negotiate the Extended Credit Facility (ECF)/New Country Program.
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Ganta, Nimba County - Liberia’s Deputy Minister for Budget and Development Planning, Hon. Tanneh G. Brunson, has emphasized the importance of an inclusive consultative process across all counties in Liberia to achieve a comprehensive National Development Roadmap for the country.
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Monrovia, Liberia - President Joseph Nyumah Boakai on Tuesday, June 11, 2024 commissioned several officials of government. Amongst those commissioned were five officials of the Ministry of Finance and Development Planning. The Finance Ministry officials commissioned at the ceremony were: Deputy Minister for Fiscal Affairs, Hon. Anthony Myers; Deputy Minister for Budget and Development Planning, Hon. Tanneh Brunson; Deputy Minister for Economic Management, Hon. Dehpue Zuo; Deputy Minister for Administration, Hon. Bill McGill Jones and the Comptroller and Accounting General. Hon. Elwood Nettey.
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Monrovia, Liberia - The Comptroller and Accountant General of Liberia, Hon Elwood T. Nettey says robust County Treasury Offices (CTOs) are key for service delivery across the fifteen counties.
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Monrovia, Liberia - Deputy Finance Minister for Fiscal Affairs Anthony Myers has singled out fiscal decentralization as a stimulus to the implementation of the National Policy on Decentralization and Local Governance.
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Monrovia, Liberia - Deputy Minister for Budget and Development Planning, Hon. Tanneh G. Brunson says achieving sustainable development, addressing key challenges and maximizing available resources are key in the implementation of the ARREST Agenda.
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Nairobi, Kenya - Liberia’s Minister of Finance and Development Planning has challenged the African Development Bank (AfDB) to improve its financing model.
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Nairobi, Kenya - The Minister of Finance and Development Planning, Hon. Boima S. Kamara, on the sideline of the African Development Bank (AfDB) Annual Board Meeting in Nairobi, Kenya, held a bilateral meeting with the Canadian Ambassador to the African Union, H.E. Mr. Ben Marc Diendere.
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Monrovia, Liberia - The Ministry of Finance and Development Planning through the Department of Comptroller and Accounting General has concluded a validation of the 2010 Chart of Accounts in Kakata, Margibi County.
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Monrovia, Liberia - The Minister of Finance and Development Planning of the Republic of Liberia Boima Kamara leaves the country this weekend to attend the Annual Meetings of the African Development Bank in Nairobi, Kenya.The meetings run from May 27-31.
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Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning on Wednesday held a day-long consultative meeting with sector ministries, agencies and commissions (MACs) on Non-Governmental Organizations or NGOs sectorial clearance.
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Monrovia, Liberia -TThe Ministry of Finance and Development Planning officially rejects reports by Spoon FM that the contractual agreement between the Ministry and RoviaGate Technology, LLC, represented by Co-Founder and Chief Executive Officer, Mr. Oliver Wleh Klark, Jr. was influenced by " kickbacks" received by officials of the Ministry.
The contract included the annual update and implementation of the budget management system for Fiscal Year 2024.RoviaGate Technology, LLC is a 100 percent Liberian-owned core integrated solution information technology (ICT) firm duly registered under the laws of the Republic of Liberia. The Ministry unequivocally states that the contract for the execution of the project was in strict adherence to the regulations of the Public Procurement and Concession Act of 2010.
The Finance Ministry discloses that the project had three options. According to the project document, the first option proposed that “the estimated cost for this project is US $220,000.00 (two hundred and twenty thousand USD) with an expected turnaround time of two (2) weeks after receipt of payment.” However, under the second option, the company put the estimated cost of the project at $200,000.00 (two hundred thousand USD) with an estimated turnaround time of four (4) weeks after receipt of payment.
The third option states that “the estimated cost for this project is US $180,000.00 (one hundred and eighty thousand USD) with an expected turnaround time of eight (8) weeks after receipt of payment.”
The justification for selecting the second option of $200,000.00 (two hundred thousand United States dollars) was based on the four-week (4) turnaround period provided by the vendor and the pressing need to resubmit the draft budget to the legislature, as well as to facilitate the configuration, upgrade, and maintenance services for the Budget Management System to produce the Budget Book for Budget Fiscal Year 2024 (January 1, 2024–December 31, 2024).
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The Ministry of Finance and Development Planning terms as false and misleading that Minister Boima S. Kamara is battling unspecified medical condition which is adversely affecting his management of the Fiscal House.
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Latest Press Release
04 July 2024
Monrovia, Liberia – The Government of Liberia, through the Ministry of Finance and Development Planning (MFDP), in collaboration with various ministries, agencies, and key stakeholders, held discussions today to launch consultations for the upco...
04 July 2024
Monrovia, Liberia: Boima S. Kamara, Liberia's Minister of Finance and Development Planning, is urging international partners and allies to remain dedicated to supporting the country's development efforts.
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