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GoL Enhances Fiscal Decentralization under Pro-Poor Agenda; Adds Additional Spending Entities in Counties’ Treasury Framework

Monrovia, Liberia - The Ministry of Finance & Development Planning as part of decentralization program in the Pro-Poor Agenda has enhanced fiscal decentralization by ensuring that additional spending entities will now perform their transactions in their respective counties of operations. The new fiscal decentralization measure means that these entities will no more come to Monrovia to do any fiscal and budgetary transactions.

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Liberia to Host Delocalized ECOWAS Parliament Meeting

ECOWAS LogoMonrovia, Liberia -  Liberia has been designated to host another session of the delocalized ECOWAS Parliament Meeting in Monrovia from 27th to 31st August 2018. In April 2017, a similar parliamentary event was held here from 10th to 14th April. In preparation for the holding of the event, a high powered ECOWAS Technical delegation is expected to arrive in Monrovia on Thursday, August 23rd, 2018.

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GoL, African Development Bank (AFDB) Sign US$10M for Budget Support

Finance Minister Hon Samuel D Tweah Jr and Mr Orison M Amu Country Manager of the Country Office of the African Development signs 10M as Budget SMonrovia, Liberia - The Minister of Finance and Development Planning Hon. Samuel D. Tweah, Jr. on behalf of the Government of Liberia and the African Development Bank Country Manager Mr. Orison M. Amu have signed US$10 M as budget support to the Government of Liberia in order to meet its balance of payments obligations, as well as driving the objectives of the Pro-Poor Agenda for Prosperity and Development (PAPD).

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Happy Eid Ul Adha

Monrovia, Liberia - It is a great pleasure to extend my best wishes on the occasion of Eid Ul Adha to all Muslims and congratulate everyone who has performed the Hajj this year.

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LIMPAC Completes First Capacity Building Training Circle For MFDP Staff; 80 Staff Received Certificates

LIMPAC80CycleMonrovia, Liberia - The Liberia Macroeconomic Policy Analysis Center (LIMPAC) at the Ministry of Finance and Development Planning with support from the African Capacity Building Foundation (ACBF) has completed circle one of its capacity building training program. The first circle training, which lasted over the period of three weeks, focused on the usage of MS-Word for report writing and Ms. Excel for data calculation and analysis attracted trainees and employees from different departments and units of the Ministry of Finance and Development Planning.

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Finance and Development Planning Minister Launches Lux Talk

To Stimulate Growth of Intellectual Excellence at Nation’s Highest Institute of Learning
Monrovia, Liberia - Finance and Development Planning, Minister Hon. Samuel D. Tweah, Jr., has expressed the need for the re-birth of intellectual excellence at the country’s highest institution of learning, the University of Liberia.

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Deputy Minister of Economic Management Speaks At Poverty Confab in China

Deputy Minister for Economic Management Hon Augustine Flomo speaking at Africa China Poverty Reduction and Development Conference in Beijing China Deputy Finance Minister for Economic Management Augustus J. Flomo has expressed the need for China to transfer its knowledge and skills in helping Africa to alleviate poverty, as the continent make efforts to achieve the SDG Pillar I by 2030.

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MCC-Liberia Holds Retreat in Buchanan, Grand Bassa County

Participants in a working mood at the RetreatBuchanan, Grand Bassa - The Millennium Challenge Corporation Compact Eligibility Team has held a two-day retreat in Buchanan, Grand Bassa County from August 10-11 in order to engage in participatory strategic planning involving members of the MCC Compact Eligibility Indicator Technical Working Group to review the FY17-18 Indicator Performance Plans and develop strategies for the FY18-19 MCC Compact eligibility program activities.

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European Union Provides US $21.5 Million for Lot 1 of the Consolidation of Monrovia Electricity Transmission Project

Monrovia, Liberia - The Government of Liberia and MBH limited have signed an agreement valued at US $18.5 million Euros, amounting to US$ 21.5 million for Lot 1 of the Consolidation of Monrovia Electricity Transmission Project.

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LIMPAC collaborates with BADEA and ACBF to provide Capacity-Building and “Seed Funds” to women cooperatives in Liberia!!!!!

Monrovia, Liberia - The Government of Liberia through the Macroeconomic Policy Analysis Center (LIMPAC) at the Ministry of Finance and Development Planning with support from the Arab Bank for Economic Development in Africa (BADEA), and the African Capacity-Building Foundation (ACBF) will shortly provide capacity-building training for 60 Liberian women entrepreneurs and women in agriculture from September 19th to 21st, 2018.

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France and GoL Sign 5 million Euros Financing Agreement for Budget Support to Liberia

Loan5MDSC 0287Monrovia, Liberia - The Minister of Finance and Development Planning Hon. Samuel D. Tweah, Jr. on behalf of the Government of Liberia and the French Ambassador Terrence Wills along with the Director of the French Development Agency Bruno Leclerc both representing the French government have signed a 5 million Euros financing agreement that will provide budget support to Liberia.

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ACBF to increase support for Liberia;Promises capacity building support toward the achievement of Liberia’s Pro-Poor Agenda

limpacThe African Capacity Building Foundation (ACBF) has reaffirmed its support to the rebuilding process of Liberia under the current leadership of President George Manneh Weah. Making the promise during a side meeting with Liberian delegation at the 27th Annual meetings of the Board of Governors of the ACBF held in the Cameroon Capitol of Yaoundé, the ACBF’s Executive Secretary, Professor Emmanuel Nnadozie expressed his gratitude to the people of Liberia for the orderly and peaceful 2017 elections, which ushered in the democratic regime of H.E. George Manneh Weah.

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Public Service Announcement

THIS is A REMINDER for all Government Ministries and Spending Entities that have not submitted their entities’ payroll for the month of July 2018 to the Ministry of Finance and Development Planning to do so on or before close of Day on Sunday , July 22, 2018.

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LIMPAC/MFDP Boosts Enrollment at University of Liberia - Provides L$2M as Financial Aid to ULSU and other Campus-Based Organizations

DTwehconfirmationDSC 0071Monrovia, Liberia - In its continuous effort aimed at supporting human capacity development in the country, the Liberia Macroeconomic Policy Analysis Center (LIMPAC) at the Ministry of Finance and Development Planning has contributed more than LD$2 million to support financial aid schemes of the University of Liberia Student Union ULSU and other campus-based organizations at the state-owned University of Liberia for the ensuing semester of academic year 2018/2019.

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MFDP Holds Three Days Capacity Building Workshop for Accountants and Comptrollers across Spending Entities

Hon. Janka A Kowo in an interview at the IPSAS workshop in Grand Bassa CountyBuchanan, Grand Bassa - The Government of Liberia through the Office of the Comptroller and Accountant General of the Republic of Liberia with support from the African Development Bank (AFDB) has conducted a three-day workshop aimed at improving the preparation of IPSAS compliant financial reporting for all spending entities.

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Finance Ministry Dedicates First-Ever Economic Forecasting and Training Lab -- As Minister Underscores the Essence of Lab for Macroeconomic Forecasting

LIMPAC 002Monrovia, Liberia - In its bid to enhance the assessment and analysis of the economy, as well as the quality of economic forecasting to adequately inform fiscal policies, and in order to continue to improve the technical capacities of technicians at the Ministry, The Ministry of Finance and Development Planning, Monday, July 3, 2018, officially dedicated its first-ever economic forecasting and training lab with support provided by the African Capacity Building Foundation.

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World Bank Group Executive Director for Liberia Andrew N. Bvumbe Arrives in Liberia on Saturday, June 30

Mr. Andrew N. BvumbeMonrovia, June 29, 2018 - The World Bank Group Executive Director for Liberia, Mr. Andrew N. Bvumbe, arrives in Liberia on Saturday, June 30, for a five-day official visit. During this visit, he will be discussing opportunities to promote growth, value additions and economic diversification. The Executive Director will visit project sites.

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World Bank Provides US 11.07Million Grant for Early Childhood Education

11MECHLMonrovia, Liberia - The Government of Liberia and World Bank have signed a grant agreement totaling US$11.07 million.
According to the Grant Agreement, the Grant will provide a four-year support to Liberia’s Getting to Best in Education Project and will specifically aim at improving equitable access to Early Childhood Education (ECE), teachers’ quality in ECE and primary education, as well as, strengthening national school accountability systems.

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Happy Ramadan

The Senior Management Team Headed by Hon. Samuel D. Tweah, Jr. and Employees of the Ministry of Finance and Development Planning  wish all our Muslim Brothers and Sisters A Happy Ramadan.

  3013 Hits

Domestic Resource Mobilization Is Critical To Liberia’s Debt Sustainability - Finance Minister Samuel Tweah Tells OECD At Signing In Paris, France

Tax Matters at the OECD  3Paris, France - The Honorable Minister of Finance and Development Planning Hon. Samuel D. Tweah, Jr. has emphasized that in the light of the country’s ambitious Pro-Poor Development Agenda, domestic resource mobilization is critical to Liberia’s debt sustainability.

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Latest Press Release

27 August 2018
Press Release
Monrovia, Liberia - The Ministry of Finance & Development Planning as part of decentralization program in the Pro-Poor Agenda has enhanced fiscal decentralization by ensuring that additional spending entities will now perform their transactions i...
23 August 2018
Press Release
Monrovia, Liberia -  Liberia has been designated to host another session of the delocalized ECOWAS Parliament Meeting in Monrovia from 27th to 31st August 2018. In April 2017, a similar parliamentary event was held here from 10th to 14th April. ...

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