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Minister Tweah Challenges IAA to Take Public Financial Management to a New Level

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Monrovia, Liberia - Finance and Development Planning Minister, Honorable Samuel D. Tweah Jr., has challenged the Internal Audit Agency (IAA) to take Public Financial Management and transparency to a new level. He described the new level as PFM 2.0. He said ‘’ most of what government has been doing in the past (15) fifteen years was to restructure, re-orient, and re-organize”.

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Independence Day Greeting

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On the auspicious occasion marking the 174th Independence Day celebration of the Republic of Liberia on July 26, 2021; the Minister of Finance and Development Planning Hon. Samuel D. Tweah Jr., Deputy and Assistant Ministers, Directors and general staff of the Ministry of Finance and Development Planning extend warmest congratulations and best wishes to His Excellency, Dr. George Manneh Weah, President of the Republic of Liberia and Commander-in-Chief of the Armed Forces; the Vice President, Her Excellency Chief Jewel Howard Taylor; the Honorable Speaker of the House of Representatives, Dr. BhofalChambers and members of the National Legislature, The Chief Justice and members of the Judiciary, employees of government and the peace-loving people of Liberia.

As our nation celebrates this historic milestone, amidstthe ongoing fight against the COVID-19 pandemic, the Ministry of Finance and Development Planning praysfor God’s guidance upon you, Mr. President, as youlead this country to economic growth and development

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MFDP bids farewell to outgoing Swedish Ambassador Ingrid Wetterqvist

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Monrovia, Liberia - The Ministry of Finance and Development has bid farewell to outgoing Swedish Ambassador Ingrid Wetterqvist for the meaningful role played in strengthening bilateral relations and cooperation between the Kingdom of Sweden and the Republic of Liberia.

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Eid al-Adha Message from The Ministry of Finance and Development Planning

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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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Results Based Planning, M&E Reporting Training Held for 20 MACs Staff

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Ganta, Nimba County - A result based planning, monitoring, evaluation and reporting training for twenty participants from Nimba, Bong and Lofa counties was held during the week in northern Liberia.

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GoL to implement updated IPSAS Cash Basis of Accounting for all Agencies

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Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning (Comptroller and Accountant General’s Department) and in consultation with the Auditor General of Liberia will begin using the November 8, 2017, updated version of the International Public Sector Accounting Standards (IPSAS) Cash Basis of Accounting for the preparation of the government financial statements.

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GoL, World Bank Sign Financing Agreements Totaling US$ 157M

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Monrovia, Liberia - The World Bank and the government of Liberia on Friday signed three financing agreements in the amount of US$ 117 million for the construction of 101 kilometers of paved roads that will link Saclepea to Tappita to Toe’s Town of the country; and US$ 40M for the Second Inclusive Growth Development Policy Operation (IGDPO-2).

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MFDP, CSOs, INGOs, NGOs and Stakeholders concluded the National Aid and NGO Policy & Liberia Project Dashboard Workshop

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Buchanan, Grand Bassa County - The Government of Liberia through the Ministry of Finance and Development Planning (MFDP) with support from the United Nations Development Program (UNDP) climaxed a three - day awareness and training workshop on the National Aid and NGO Policy of Liberia and the Liberia Project Dashboard to “Enhance National Data Capacity and Coordination Mechanisms in Project Management and Results Tracking in Liberia” in the port city of Buchanan, Grand Bassa County.

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Finance Ministry Submits “Special” FY2021 Draft National Budget

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Monrovia, Liberia - The Ministry of Finance and Development Planning on behalf of President George M. Weah and the Executive Branch of Government, has submitted the special draft national budget for fiscal year July 1 to December 31, 2021, to the National Legislature.

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GoL, CSOs Signs US$224k Sub-grant Agreement

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Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning and Thirteen Civil Societies’ Organizations on Wednesday, May 19, 2021 signed a sub-grant agreement in the tone of US$224,000.00 (Two hundred Twenty Four Thousand United States Dollars) to engage CSOs in scrutiny the use of public resources as well as building constituencies for reform of the Public Financial Management (PFM) system across the country and also seeks to strengthen the capacity of organizations to serve as critical partners in ensuring transparency and accountability in the use of public resources and public service delivery.

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Financial Reporting Training for 65 Government Comptrollers, Accountants

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Monrovia, Liberia -  A financial reporting training aimed at strengthening the capacities of comptrollers and accountants of government agencies got underway Wednesday, May 12, 2021, in Buchanan, Grand Bassa County.

Over 65 comptrollers and accountants from various agencies of government attend the three days capacity building training.

It is being organized by the Comptrollers and Accountants General Department at the Ministry of Finance and Development Planning, and under the theme: “Using the IFMIS free balance Platform to Generate Reports and Prepare Financial Statements”.

Making remarks at the opening session, the Director for Technical Services within the comptrollers and accountant general department, Dede D. Sandman said the issue of financial reporting has been regular activities at the ministry of finance through the comptrollers and accountant general office.

He said under the new PFMU amendment and restated law signed into handbill by the President in October 2019, mandates the comptroller and accounting department to request for timely financial reports from all accountants and comptrollers across ministries and agencies.

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USAID, MFDP Sign 81k In-kind Support Grant

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Monrovia, Liberia - The United States Agency for International Development, represented by Nathan Associates and the Ministry of Finance and Development Planning; Department of Economic Management have signed a grant in the amount of US$81,000.

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MFDP /LIMPAC fulfills Promise - Provides six (6) Internships to graduates of UL 101st Convocation class

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Monrovia, Liberia - The Ministry of Finance and Development Planning through its research and policy analysis unit, the Liberia Macroeconomic Policy Analysis Center (LIMPAC), has provided internship opportunities to six graduates and duxes of the University of Liberia Economic Department, with average cumulative GPA ranging from 3.00 to 3.58.

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Special Birthday Message from MFDP to Minister Samuel D. Tweah, Jr.

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Today, May 6, we celebrate the birth anniversary of the Honorable Minister of Finance and Development Planning, Samuel D. Tweah, Jr.

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MFDP Clarifies “Purported” Check Scandal

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Monrovia, Liberia - The Ministry of Finance and Development Planning through the Comptroller and Accountant General Department clarifies that a purported “Check Scandal” information circulating on various social media platforms is false, misleading, and has no iota of truth.

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MOU Between The Government of Liberia (GOL) and The Consortium of Public Sector Workers Organization (Consortium)

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REPRESENTATIVES OF THE GOVERNMENT AND THE CONSORTIUM

The Government of Liberia is represented by the Ministry of Finance and Development Planning (MFDP), the Ministry of Education (MOE), the Ministry of Health (MOH), and the Civil Service Agency (CSA). The Consortium is represented by the Civil Servants Association of Liberia, the National Teachers Association of Liberia, National Health Workers Association of Liberia, the Monrovia Consolidated Schools System Teachers’ Association, and the National Parents Teachers Network of Liberia.

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Minister Tweah wants Increase in Development Assistance to Africa

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Finance and Development Planning Minister Hon. Samuel D. Tweah Jr., has expressed the need for development and multilateral partners to increase the “Official Development Assistance (ODA), to Africa.

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MFDP's Ramadan Message

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As the holy month of Ramadan begins, the Ministry of Finance and Development Planning extends its best wishes to our Muslim brothers and sisters. Ramadan is a special time for Muslims, marked by devotion, prayer and compassion for others.

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GoL, World Bank signs dual financing agreements totaling US$74.2 Million

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Monrovia. Liberia - The Government of Liberia and the World Bank have signed dual financing agreements totaling US$ 74.2 million.

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Public Service Announcement

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The Ministry of Finance and Development Planning informs the public that purported information circulating on social media about a 57.2M government grant with GEN to entrepreneurs is false and misleading.

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Latest Press Release

01 August 2021
Press Release
Monrovia, Liberia - Finance and Development Planning Minister, Honorable Samuel D. Tweah Jr., has challenged the Internal Audit Agency (IAA) to take Public Financial Management and transparency to a new level. He described the new level as PFM 2.0. H...
24 July 2021
Press Release
On the auspicious occasion marking the 174th Independence Day celebration of the Republic of Liberia on July 26, 2021; the Minister of Finance and Development Planning Hon. Samuel D. Tweah Jr., Deputy and Assistant Ministers, Directors and general st...

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info@mfdp.gov.lr

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