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ECOWAS High Level Delegation is expected to visit Liberia soon

ECOWAS

Monrovia, Liberia - The Economic Community of West African States (ECOWAS) says, it is sending a three-member high level delegation to Monrovia from 30th May to 2nd June 2022 to hold series of discussions with the Liberian Government to support the process leading to the smooth transition from Goods and Service Tax (GST) to Value Added Tax (VAT) in Liberia.

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GoL Holds Consultation on Voluntary National Review

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Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning has held a two-day stakeholder’s consultation meeting on Voluntary National Review (VNR) 2022 in Monrovia.
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  1754 Hits

President Weah Approves Rufus N. Darkortey as Executive Director at the African Development Bank

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Monrovia, Liberia, May 26, 2022 – The President of Liberia, H.E. Dr. George Manneh Weah on Tuesday, May 17, 2022, approved the nomination of Mr. Rufus N. Darkortey to serve as Executive Director at the African Development Bank in Abidjan, Cote D’Ivoire.

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MFDP Launches Pre-VAT 3rd Stakeholder Engagement Dialogue

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As part of efforts to boost tax revenue and enhance transparency, accountability and development across the fifteen counties, the Government of Liberia through the Ministry of Finance and Development Planning in collaboration with the Liberia Revenue Authority held a VAT pre Launch 3rd Stakeholder Engagement Dialogue at the Mamba Point, Hotel in Monrovia with theme: "Paving the Way for a Smooth VAT Implementation".

Speaking at the opening Assistant Minister for Revenue Tax Policy at the Ministry of Finance and Development Planning, Hon. Ojuku Nyenpan, said the

VAT stakeholder Engagement Dialogue is part of ongoing Value Added Tax (VAT) pre implementation activities that are being undertaken by the Government of Liberia.

" This Dialogue series is part of the VAT pre Implementation and roll out plan and it aims to engage the various stakeholders within the process". He added

Minister Nyenpan thanked USAID for funding the dialogue. He said the dialogue provides a platform for stakeholders to ask questions, raise issues and concerns important to them and support the Ministry of Finance and Development Planning, LIberia Revenue Authority and relevant Government of Liberia Authorities in their plans to improve tax policy and administration outcomes of Liberia.

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  1780 Hits

MFDP  Clarifies on "Fake"  Enterpreneurship Program 

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

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MFDP Climaxed Aid Coordination, Macroeconomic Framework Workshop

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Buchanan, Grand Bassa County - In order to strengthen national development and aid coordination across Government, the Ministry of Finance and Development Planning through the Department of Economic Management, over the weekend climaxed a five-day training in Aid Coordination and Macroeconomic Framework for NGOs, Sector Ministries and Agencies, including Development Partners and Civil Society Actors in the Port City of Buchanan, Grand Bassa County.

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  1947 Hits

World Bank support to the Fisheries and Education Sector is Remarkable says Minister Tweah

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Monrovia, Liberia - Liberia's Finance and Development Planning Minister Hon. Samuel D.Tweah, Jr says World Bank continuous support towards Liberia Development Agenda, the Pro Poor Agenda for Prosperity and Development is remarkable.

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  1921 Hits

“Governments should prioritize combating and preventing illicit financial flows”, Deputy Finance Minister tells UN Development Forum

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New York, USA - Liberia’s Deputy Finance Minister for Economic Management, Hon. Augustus J. Flomo, has underscored the need for governments around the world to continuously prioritize combating and preventing illicit financial flows.

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  6284 Hits

GoL, and Development Partners sign MOU to Strengthen Development Cooperation for Aid Effectiveness

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Monrovia, Liberia - The Government of Liberia and development have signed a memorandum of understanding to strengthen Development Cooperation for aid effectiveness.

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President Weah holds PAPD Steering Committee Meeting on Monday April 11, 2022

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The President of the Republic of Liberia, His Excellency, Dr. George Manneh Weah will on April 11, 2022, will chair the Pro-Poor Agenda for Prosperity and Development (PAPD) National Steering Committee Meeting at the Ellen Johnson Sirleaf Ministerial Complex in Congo town, Tubman Boulevard. The meeting will be attended by Development Partners, Pillar Leads & Sector Heads of Government Ministries and Agencies and Civil Society Organizations.

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GoL, World Bank Sign Financing Agreements Totaling US$ 40M

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Monrovia, Liberia - The Government of Liberia and the World Bank on Monday, April 4, 2022, signed two financing agreements for the Liberia Investment, Finance and Trade(LIFT) project totaling the amount of US$ 40 million of which US 20 million is an IDA grant and US$20 million is a concessional IDA credit.

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  3237 Hits

RCU Begins Engagement with Head of EU

_20220317-171023_1 Dr. Munyeneh Coordinator of the RCU with Theo Kaspers, the head of EU Cooperation

Monrovia, Liberia - The Public Financial Management Reform Coordination Unit (PFMRCU) on Thursday paid an hour-long visit to the Offices of the EU Delegation in Mamba Point, Monrovia. The meeting was intended to familiarize the EU with the workings of the PFMRCU. 

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FreeBalance Consultants in Town for Stakeholders’ Meetings

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Monrovia, Liberia - A team of consultants from FreeBalance headed by Aldo Sagastume is in the Country for a ten-day stakeholder engagement and training workshop with relevant beneficiaries of Public Financial Management activities.

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  1959 Hits

IMF Mission team visits Liberia on ECF 4th article Review

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Monrovia, Liberia - A hybrid mission team from the International Monetary Fund is in Liberia reviewing the 4th article of the four-year arrangement under the Extended Credit Facility program.

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  2310 Hits

LIMPAC Donates Office Supplies and Equipment's to MCSSTA

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The Ministry of Finance and Development Planning through the Liberia Macroeconomic Policy Analysis Center (LIMPAC) today donated an assortment of office supplies and equipment to the Monrovia Consolidated School System Teachers Association (MCSSTA).

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  1933 Hits

Account Closure to All MAC's

Kindly be informed that the Government of Liberia through the office of the Comptroller Account general is currently updating its bank account inventory for both USD & LRD which is key driver toward its Treasury Single Account (TSA) implementation

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  2328 Hits

MACs Engaged in a Two-day Validation of the PFM Regulations

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Monrovia, Liberia - The Reform Coordination unit in collaboration with the Comptroller and Accountant General Department organized a two-day Working Session to Revise and Validate the Public Financial Management Regulations of 2009 .The event took place from 9 - 10th of February, 2022 at the Paynesville City Hall.

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  1758 Hits

Clarification on GoL Employees’ Liberian Dollar Salary for Fiscal year 2022

The Government of Liberia (GoL) wishes to inform all government employees that the reduction experienced in the Liberian dollar component of the salary in January 2022 is due to the appreciation of the Liberian Dollars against the united State Dollar;

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  4536 Hits

PFMRCU Distributes Copies of the PFM Act to Several Institutions of Government

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Monrovia, Liberia - The Reform Coordination Unit of the Ministry of Finance and Development Planning on Tuesday delivered several copies of the Amendment and Restatement of the Public Financial Management Act of 2009 which was approved on October 22, 2019, by the National Legislature. Institutions that benefited from the Act included the Financial Intelligence Unit (FIU), the Internal Audit Agency (IAA), and the National Elections Commission (NEC).

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  2229 Hits

Enforcement of Standing Human Resource Management Policies and Regulations Regarding Payroll Processing

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To: All Ministries, Agencies & Commissions

Pursuant to the Standing Orders of the Civil Service and the Budget and Fiscal Policies of the Ministry of Finance and Development Planning, several regulations governing the management of personnel transactions, including pay, shall be observed by all spending entities and enforced by the Civil Service Agency and the Ministry of Finance & Development Planning beginning Fiscal Year 2022. These relate to the processing of personnel actions, including the filling of vacancies and the making of pay adjustments.

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Latest Press Release

26 May 2022
Press Release
Monrovia, Liberia - The Economic Community of West African States (ECOWAS) says, it is sending a three-member high level delegation to Monrovia from 30th May to 2nd June 2022 to hold series of discussions with the Liberian Government to support the p...
26 May 2022
Press Release
Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning has held a two-day stakeholder’s consultation meeting on Voluntary National Review (VNR) 2022 in Monrovia....

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