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GoL Holds Cross Consultative Meeting With MACs on NGOs Sectorial Clearance

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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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Finance Ministry Debunks Claims of Corruption in Budget Management System Contract; Commits to Transparency and Fiscal Probity

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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Finance Ministry Trashes Rumors of Minister Kamara’s Poor Health

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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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Deputy Minister Myers Clarifies that Government Achieved 74 Percent Progress in Hundred Days Deliverables; The Figure Constitutes Combined Ongoing and Completed Progress

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Monrovia. Liberia - Confirmed statistical facts presented by the government of Liberia on Friday, May 17, 2024 at a special press briefing held at the Ministry of Information Culture Affairs and Tourism show that the government of Liberia achieved a combined 74 percent of its promised deliverables in its first hundred day in office.

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  793 Hits

"Choose What Matters Most at a Particular Time’’ Madam Koung Urges MFDP’s Women

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Monrovia, Liberia - Madam Synleseh Dahn-Koung, wife of Vice President Jeremiah Koung has urged the Ministry of Finance and Development Planning Professional Women Association to choose what matters most at a particular time in order to enhance growth and productivity.
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  816 Hits

MFDP Denounces ‘Grant’ Publication on a Fake Page in Min. Kamara’s Name

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It has come to the attention of the Ministry of Finance and Development Planning that a Facebook page titled, “Hon. Boima S. Kamara” created on March 29, 2024 claiming to be the “personal page” of the Honorable Minister of Finance and Development Planning and that “ it is not covering the MFDP”.
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Spending Entities Should Provide Technical Details, Policies Context and Practical Implementation for Budget Execution, says Acting Liberia Finance Minister, Hon. Myers

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Monrovia, Liberia - Liberia Acting Minister of Finance and Development Planning, Hon. Anthony G. Myers has urged all 108 spending entities across government to provide technical details, policies context and practical implementation mechanism for FY 2024 approved budget execution going forward.

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Grand Bassa Citizens need to take Ownership of Development to enhance Domestic Resource Mobilization for Improved Service Delivery, says Minister Zuo. 

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Liberia’s Deputy Minister for Economic Management at the Ministry of Finance, Hon. Dehpue Zuo has urged citizens of Grand Bassa County to own development as ownership in order to enhance domestic resource mobilization for  improved service delivery across the county.

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  850 Hits

MFDP submits Annual Consolidated Financial Statement

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Monrovia, Liberia - The Ministry of Finance and Development Planning through the Office of the Comptroller and Accountant General made submission of the Government’s Annual Consolidated Financial Statement for FY2023 to the office of the Auditor General and the 55th National Legislature of Liberia.

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Government Intensifies Electrification of Rural Liberia; As GoL, EU Break Ground for Electricity Facilities for Buchanan and Greenville Cities

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The Government of Liberia will tomorrow make significant stride in its electrification expansion efforts as GoL and European Union breaks ground tomorrow May 3, electricity generation and distribution facilities.
The project is intended for the construction of two separate 33KV electricity distribution networks in the cities of Buchanan and Greenville, respectively.

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To Impact Lives of ECOWAS Citizens; Deputy Foreign Minister Dr. Nyei Wants Quick Win and Tangible Projects

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Monrovia, Liberia - Liberia Deputy Foreign Affairs Minister for Regional Integration, Dr. Ibrahim Al-Bakri Nyei urged ECOWAS National Technical Committee to identify quick win and tangible projects that will impact lives of community citizens through the ECOWAS Cross-Border Cooperation Support Program (ECBCSP).

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  860 Hits

MFDP Categorically Denies Calling for Project Proposals under a so-called Ministry of Finance and Development Planning and Affirmative Finance Action for Women in Africa (AFAWA) Project.

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Monrovia, Liberia - The Ministry of Finance and Development Planning has categorically denied calling for project proposals under the so-called MFDP/Affirmative Finance Action for Women in Africa (AFAWA) project.

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  760 Hits

Strong PFM, Fiscal Management and Budget Implementation will lead to Economic Growth, Say Assistant Minister Designate for Expenditure

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Monrovia, Liberia - The Assistant Minister Designate for Expenditure, Hon. Dede Sandiman at the Ministry of Finance and Development Planning says a strong Public Financial Management, Fiscal Management and Budget Implementation across spending entities will lead to growth and development.

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  812 Hits

MFDP Clarifies on "Fake" Entrepreneurship Program

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Monrovia, Liberia - The Ministry of Finance and Development Planning informs the public that there is absolutely no entrepreneurship program at the ministry.

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Eid-ul-Fitr Message from MFDP

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We would like to extend our warmest wishes to Muslims in Liberia and around the world celebrating Eid-ul-Fitr.

As you mark the end of Ramadan, it marks a new beginning for all Muslims and a reason to celebrate.

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  1127 Hits

Deputy Minister McGill Jones Applauds Muslim Staffs at Finance for a Successful Fast Month

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Monrovia, Liberia - The Deputy Minister for Administration at the Ministry of Finance and Development Planning, Hon. Bill McGill Jones,  has applauded Muslim staffs of the Ministry for successfully observing a month of fast in obedience to the Islamic faith.

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Finance Minister Wants Increased Focus on Expansion of the Country’s Economy

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---As Budget Hearing Begins on Capitol Hill
 
Liberia’s Finance and Development Planning Minister, Honorable Boima S. Kamara has underscored the need to focus on the expansion of the country’s economy. 
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GoL’s Economic Management Team Holds First Meeting

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Monrovia, Liberia - The Economic Management Team of the President Joseph Nyumah Boakai’s government has held its first meeting. The meeting which was convened to discuss key issues affecting the economy with the aim of finding the appropriate remedy was held on Tuesday, April 2, 2024 at the Conference Room of the Ministry of Finance and Development Planning. 

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17 Comptroller of Government Entities Salaries Withheld

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-For Non Compliance of Annual Financial Statements Submission for FY2023  

The Comptroller and Accountant General of Liberia, Hon. Elwood T. Netty, has directed that the March 2024 salaries of Comptrollers of 2024 be placed on “HOLD” for “NON-COMPLIANCE” in submitting their annual financial statements for FY2023. The annual financial statements  of various governments spending entities should have been submitted to the Office of the  Comptroller and Accountant General on or before March 15, 2024.

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"GoL, UN Launch a Robust Technical Support to National Development Plan.’’

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Monrovia, Liberia - Hon. Tanneh G. Brunson, Liberia Deputy Minister for Budget and Development Planning joined the United Nations Resident Coordinator, Madam Christine N. Umutoni, to launch a robust multi-disciplinary technical support to the National Development Plan called the ARREST agenda.

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  849 Hits

Latest Press Release

22 May 2024
Press Release
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...
20 May 2024
Press Release
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. ...

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