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Global Commodity Shock Undermined Growth In Liberia Says CBL Boss!!!

GovernorWeeksThe 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.

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As Confab Opens, ECOWAS Committed To Implementation Of EMCP!!!

ECOWAS Gideon GbappyThe 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.

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  1231 Hits

ECOWAS Economy Slowed Significantly in 2016 Says WAMA Boss!!!

WAMA Momodou B. SahoThe 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.

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Liberia for the Second Time Hosts Bi-annual Sub Regional Economic Confab!!!

WANZ LogoMonrovia, 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.

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Liberia To Host WAMZ’s Statutory Conference

WAMZA 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.

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Government Fy16/17 Ends With A Brought Forward of Us$1.8 Million Surplus Into FY17/18 Budget

mfdp1The 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.

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  1223 Hits

Finance Minister Tours the Upgrading and Expansion work at RIA

RIA BSKThe 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.

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  1200 Hits

MFDP Disassociates itself from Statements Made by Abraham Bernard Waritay, Director of Communications & External Affairs

Distinguished Ladies and Gentlemen of the Press
The Ministry of Finance and Development Planning (MFDP) categorically and emphatically disassociates itself from statements made by Mr. Abraham Bernard Waritay, Director of Communications & External Affairs at MFDP to Front Page Africa and other media outlets relative to the Mohammed Sambollah saga. Mr. Waritay's statements do not represent MFDP's position on the matter.

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  1255 Hits

MFDP-SoE Conducts Annual Renewal Workshop in Buchanan, Grand Bassa County

mfdplogo2Monrovia, Liberia - A two-day State Owned Enterprises (SOEs) Annual Renewal Workshop gets underway from June 23 to June 24, 2017 in the port city of Buchanan, Grand Bassa County.

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LIMPAC Gives One Million to Support ULSU Scholarship and Financial Aid Program

Executive Director of LIMAPC making a remark at the University of Liberia main campusThe Liberia Macroeconomic Policy Analysis Center (LIMPAC) of the Ministry of Finance and Development Planning (MFDP) , On Friday June 2, 2017 contributed L$1,0000,000 (One Million Liberian Dollars ) to raise the hope of hundreds of students of the University of Liberia who feared being dropout for the second semester of academic year 2016/2017.

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  1349 Hits

MFDP Refutes and Clarifies In Profile Publications

Monrovia, Liberia – Tuesday May 30, 2017: The Ministry of Finance and Development Planning (MFDP) Categorically Refutes the In Profile Daily Newspaper’s Publications of Thursday, May 25, 2017 And Monday, May 29, 2017 With Headlines: “Debt Payment Fraud” And “Finance In Huge Fraud”.

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The Liberian Government and the World Bank Signed US$15M Health Financing Agreement for collaborative disease surveillance and Epidemic Preparedness in Liberia

Minister Kamar Madam Larisa Leshchenko 2According to a Ministry of finance and Development Planning release, the signing of the Regional Disease Surveillance Systems Enhancement (REDISSE2) Project will provide the needed opportunity for Liberia to operationalize lessons learned from the recent disease outbreak in Sinoe County.

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  2177 Hits

ACBF Reaffirms Support to Liberia: Pledges Support for Women in Agriculture and Revitalization of LIMPAC

ACBF Executive Secretary Minister KamaramodiMonrovia, Liberia - The Head of the African Capacity Building Foundation (ACBF), Professor Emmanuel Nnadozie has reaffirmed the ACBF’s support to Liberia particularly focusing on empowering women in agriculture, supporting macroeconomic forecasting capacity of the Ministry of Finance and Development Planning, and providing support for the revitalization of the Liberia Macroeconomic Policy Analysis Center (LIMPAC) to become a robust and independent research think tank in Liberia.

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African Capacity Building Foundation (ACBF) Head Arrives in Liberia

Professor Emmanuel Nnadozie 2Monrovia, Liberia - A high power delegation of the African Capacity Building Foundation (ACBF) headed by Professor Emmanuel Nnadozie along with Dr. Fola Ayonrinde head of the ACBF West and Central Africa Region and Miss Joyce Ekuful, Program Officer of the West and Central Africa Region arrives in Liberia over the weekend as guest of Government of Liberia.

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  1645 Hits

MFDP and LRA Launch Real Estate Community Partnership Project!!!

LRA EditedDSC 0354Monrovia-Liberia - The Liberia Revenue Authority (LRA) in collaboration with the Ministry of Finance and Development Planning (MFDP) has launched for the first time, Real Estate Community Partnership Mobilization Project which ultimate goal is to increase lawful revenue largely for volunteer’s compliance and to help ensure fair share payment through a nationwide grassroots’ community engagement.

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  1480 Hits

Minister Kamara Signs World Bank US$16 Million Approved Agreement To Strengthen Liberia’s Health Sector!!!

Minister Kamara Madam Leshchenko WB Liberia Country ManagerMonrovia,Liberia - The Minister of Finance and Development Planning, Honorable Boima S. Karama, has commended the World Bank for its continuous supports to Liberia’s recovery program including the healthcare sector.

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  1429 Hits

Finance Minister- Boima Kamara Launches Second ECOWAS Sensitization, Awareness Campaign in BO-Waterside, Grand Camp Mount County

APRM BO WatersideDSC 3676BO-Waterside, Grand Cape Mount County – Finance and Development Planning Minister, Hon. Boima S. Kamara has officially launched the Second ECOWAS Sensitization and Awareness Campaign under the sponsorships of the ECOWAS Chairperson Coordinating Committee (ECCC) and the Technical Working Group (TWG).

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  1200 Hits

Minister Kamara Signs More Than US$ 40 Million Financing Grant To Boost The Liberian Energy Sector!!!

Minister Boima S. Kamara ADB Resident Representative Margaret KiloMonrovia, Liberia - Liberia’s energy sector received major boost following the approval of US$ 42.48 million, constituting a combined loan and grant financing agreement intended to facilitate the smooth implementation of the Liberian Energy Efficiency Project (LEEAP).

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  1543 Hits

As Liberia Reengages African Capacity Building Foundation (ACBF): Finance Minister Boima Kamara on Target Again

maxresdefaultMinister Boima S. KamaraMonrovia, Liberia – In an effort to revitalize the Liberia Macroeconomic Policy Analysis Center (LIMPAC) to support the conduct of empirical research across government, Finance Minister, Boima S. Kamara, on behalf of the government of Liberia has strengthened Liberia’s relationship with the African Capacity Building Foundation (ACBF) for technical and financial support.

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  1369 Hits

MFDP Terminates SOE Unit Head Contract

Press confrenceSiaffaDSC 3247The Minister of Finance and Development Planning (MFDP), Boima S. Kamara, has announced the immediate termination of the contract of Siafa Chowo, head of the State Own Enterprise (SOE) Unit at the Ministry.

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  1400 Hits

Latest Press Release

27 July 2017
Press Release
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 eco...
27 July 2017
Press Release
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....

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