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Millennium Challenge Corporation Begins Key Assessment for Liberia’s Potential Second Compact

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Monrovia, Liberia - The visiting high-level team from the Millennium Challenge Corporation (MCC), led by Madam Carrie Monahan, Managing Director for Africa, on Wednesday began assessing the Constraints to Growth Analysis facing the Liberian economy as part of ongoing efforts to evaluate the country’s eligibility for a second MCC Compact.

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Liberia Welcomes MCC Delegation to Strengthen Partnership and Explore Prospects for Second Compact

Liberia Welcomes MCC Delegation to Strengthen Partnership and Explore Prospects for Second Compact

Monrovia, Liberia – The Government of Liberia has warmly welcomed a high-level delegation from the United States Government’s Millennium Challenge Corporation (MCC), led by Madam Carrie Monahan, Managing Director for Africa. The delegation arrived in Liberia to strengthen longstanding development ties and begin key preparations for the upcoming December MCC Board meeting, where Liberia will be considered for a potential second compact.

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  1145 Hits

Government Reassures Timber Workers of Direct Payment, Rejects Union Claims

Government Reassures Timber Workers of Direct Payment, Rejects Union Claims

Monrovia, Liberia – The Government of Liberia, through the Ministry of Finance and Development Planning (MFDP), has reaffirmed its commitment to pay US$7.1 million owed to timber workers directly to individual beneficiaries, rather than through any groups or unions claiming authority.

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MCC Delegation Arrives in Liberia to Assess Readiness for Potential Second Compact

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Monrovia, Liberia — A high-level team from the U.S. Government’s Millennium Challenge Corporation (MCC) will arrive in Liberia on Monday, September 22, 2025, for an official mission to assess the country’s preparedness for reaffirmation of eligibility for a potential second MCC Compact.
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Finance Minister Ngafuan Acknowledges the Role of the Security Sector in Building a Vibrant Economy

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Monrocia, Liberia - Liberia’s Minister of Finance and Development Planning Minister, Hon. Augustine Kpehe Ngafuan, has acknowledged the pivotal role security institutions play in the improvement of the country’s economy.

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MFDP Commences Executive Budget Hearings for MACs

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Monrovia, Liberia -The Ministry of Finance and Development Planning (MFDP) has officially commenced the Executive Budget Hearings for the Fiscal Year 2026, engaging ministries, agencies, and commissions (MACs) as part of the national budget formulation process.

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  1644 Hits

APRM and GIZ Host Technical Training Workshop on Popularization of the Revised Country Self-Assessment Questionnaire

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Monrovia, Liberia – September 9, 2025- The African Peer Review Mechanism (APRM), in partnership with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), will host a three-day Technical Training Workshop on the Popularization of the APRM Revised Country Self-Assessment Questionnaire and Methodology from Wednesday, September 10 to Friday, September 12, 2025 at the Cape Hotel, Mamba Point, Monrovia.
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Liberian Government Delegation Embarks on High-Level Study Tour to Rwanda and Kenya to Advance Digital Governance and Service Delivery

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Monrovia, Liberia – Some officials of implementing Ministries, Agencies and Commissions of the Governance Reform and Accountability Transformation (GREAT) Project, are out of the country for a two-week high-level study tour to Rwanda and Kenya, running from September 8 to 19, 2025. 
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  1434 Hits

Hard Work and Grace: Finance Minister Shares Success Formula at Youth Internship Launch

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Monrovia, Liberia – The Ministry of Finance and Development Planning (MFDP) has officially launched its Youth Professional Internship Program (YPIP) — a strategic capacity-building initiative aimed at equipping recent university and high school graduates with hands-on experience as they prepare to enter the job market.
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MCC Qualifies Liberia as Candidate Country

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Liberia, along with 86 other countries, has been qualified by the MCC as candidate countries.
 
The Candidate Country  Report presented to the US Congress is in accordance with section 608(a) of the Millennium Challenge Act of 2003, as amended, 22 U.S.C. §§7701, 7707(a) (the Act).
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  1880 Hits

Ngafuan Counters Critics: ‘We’re Progressing, Not Retrogressing’

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Monrovia, Liberia - Finance and Development Planning Minister Hon. Augustine Kpehe Ngafuan has strongly defended the current government's performance, contrasting recent economic and infrastructure gains with conditions under the previous administration.

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MFDP Clarifies Misinformation Surrounding Cause of Former Employee Resignation

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Monrovia, Liberia - The Ministry of Finance and Development Planning (MFDP) firmly rejects false reports in the Verity and Heritage Newspapers suggesting a recent staff resignation was due to salary delays.
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MFDP Communications Unit Responds to GAC Audit Report

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Monrovia, Liberia – The Ministry of Finance and Development Planning (MFDP) welcomes the recently released 2024 General Auditing Commission (GAC) Audit Report of the Government of Liberia’s Consolidated Accounts.

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Liberia Gears Up for Second MCC Compact Eligibility as U.S. Team Arrives in September

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Monrovia, Liberia –Finance and Development Planning Minister Augustine Kpehe Ngafuan has disclosed that a team from the U.S. Government’s Millennium Challenge Corporation (MCC) will arrive in Liberia on September 22, 2025 for an official mission aimed at assessing Liberia’s readiness to benefit from its second MCC Compact.

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Newly Appointed U.S. Chargé d'Affaires of Liberia Paid Courtesy Visit to Minister of Finance and Development Planning

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Today, the newly appointed U.S. Chargé d'Affaires to Liberia, Mr. Joseph Zadrozny, paid a courtesy visit to the Minister of Finance and Development Planning, Hon. Augustine Kpehe Ngafuan .

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  2138 Hits

For Immediate Release

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Yokohama, Japan - A high-powered Liberian delegation coordinated by Finance & Development Planning Minister Augustine Kpehe Ngafuan held productive discussions with the World Bank delegation to TICAD headed by the Managing Director of the International Finance Corporation (IFC), Mr. Maktar Diop.

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MFDP Launches New Strategic Planning Process to support AAID Implementation

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Monrovia, Liberia – The Ministry of Finance and Development Planning (MFDP) has officially embarked on the development of its new five-year strategic plan, designed to align closely with the Government of Liberia’s ARREST Agenda for Inclusive Development.

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Cabinet Approves Workplan for Beneficial Ownership Registry

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Monrovia, Liberia – The cabinet has approved the national work plan for the implementation and enforcement of the Beneficial Ownership (BO) Registry.
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Liberia, IMF Host One-Day Climate Policy Consultation Meeting

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Monrovia, Liberia - The Government of Liberia, in partnership with the International Monetary Fund (IMF), on Thursday convened a one-day Climate Policy Diagnostic Consultation meeting at the Ministry of Finance and Development Planning (MFDP).

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President Boakai’s U.S. Engagements Pay Off: MCC Board Reviews Reaffirmation for Multi-Million Dollar Compact

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Monrovia, Liberia – The Government of Liberia has announced a major breakthrough in reviving its partnership with the U.S. Government’s Millennium Challenge Corporation (MCC), marking a significant milestone in the country’s development agenda.
Following months of uncertainty and a program halt announced at the onset of the current regime of U.S. President Donald Trump, Liberia has now been officially proposed for reaffirmation into the MCC Compact program.

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Latest Press Release

24 September 2025
Press Release
Monrovia, Liberia - The visiting high-level team from the Millennium Challenge Corporation (MCC), led by Madam Carrie Monahan, Managing Director for Africa, on Wednesday began assessing the Constraints to Growth Analysis facing the Liberian econ...
23 September 2025
Press Release
Monrovia, Liberia – The Government of Liberia has warmly welcomed a high-level delegation from the United States Government’s Millennium Challenge Corporation (MCC), led by Madam Carrie Monahan, Managing Director for Africa. The delegation arrived in...

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