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Finance Minister Kamara Apologizes to Lawmakers for Absence, Citing Medical Reasons

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Monrovia, Liberia -  Finance and Development Planning (MFDP) Minister, Hon. Boima S. Kamara, has apologized to the Plenary of the House of Representatives for what the House described as his persistent refusal to respond to their invitations.

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Ministry of Finance & Development Planning (MFDP) Announces New Measures to Enhance Working Conditions and Employee Benefits

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Monrovia, Liberia - The Ministry of Finance and Development Planning (MFDP) has announced several new measures aimed at improving working conditions at the Ministry.

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  1389 Hits

Liberia Reaffirms Commitment to IMF Partnership and Fiscal Prudence

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Monrovia, Liberia - The mission of the International Monetary Fund is visiting Monrovia to assess the possibility of providing financial support under the Extended Credit Facility (ECF). Speaking at the start of the engagements on Monday, June 24, 2024, at the Ministry of Finance and Development Planning, IMF Mission Chief Daehaeng Kim DK said he is excited to be in Liberia as part of the assessment of the Extended Credit Facility (ECF) for the country.

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International Monetary Fund (IMF) Delegation Visits Liberia for Extended Credit Facility (ECF)/New Country Program Negotiations (June 24-July 5, 2024)

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Monrovia, Liberia - A high level delegation from the International Monetary fund (IMF) led by Daehaeng Kim DK visits Monrovia from June 24 to July 5, 2024 to negotiate the Extended Credit Facility (ECF)/New Country Program.

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Inclusive Consultative process across all Counties will lead to a vibrant National Development Road Map, Says Deputy Minister Brunson

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Ganta, Nimba County - Liberia’s Deputy Minister for Budget and Development Planning, Hon. Tanneh G. Brunson, has emphasized the importance of an inclusive consultative process across all counties in Liberia to achieve a comprehensive National Development Roadmap for the country.

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Ministry of Finance and Development Planning Recommits to Adequately Implementing the Government’s Fiscal Agenda

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Monrovia, Liberia - President Joseph Nyumah Boakai on Tuesday, June 11, 2024 commissioned several officials of government. Amongst those commissioned were five officials of the Ministry of Finance and Development Planning. The Finance Ministry officials commissioned at the ceremony were: Deputy Minister for Fiscal Affairs, Hon. Anthony Myers; Deputy Minister for Budget and Development Planning, Hon. Tanneh Brunson;  Deputy Minister for Economic Management, Hon. Dehpue Zuo;  Deputy Minister for Administration, Hon. Bill McGill Jones and the Comptroller and Accounting General.  Hon. Elwood Nettey.

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Liberia’s Comptroller and Accountant General Calls for a Robust County Treasury Office; Says it’s Key for Service Delivery

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Monrovia, Liberia - The Comptroller and Accountant General of Liberia, Hon Elwood T. Nettey says robust County Treasury Offices (CTOs) are key for service delivery across the fifteen counties.
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Ministry of Finance Highlights Fiscal Decentralization as Key to the National Policy on Decentralization, as county local leaderships benefit a three-day training

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Monrovia, Liberia - Deputy Finance Minister for Fiscal Affairs Anthony Myers has singled out fiscal decentralization as a stimulus to the implementation of the National Policy on Decentralization and Local Governance.

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Achieving Sustainable Development, Addressing Key Challenges and Maximizing Available Resources Are Key to the National Development Plan; As MFDP and partners commit to the success of the ARREST agenda

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Monrovia, Liberia - Deputy Minister for Budget and Development Planning, Hon. Tanneh G. Brunson says achieving sustainable development, addressing key challenges and maximizing available resources are key in the implementation of the ARREST Agenda.

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Minister Kamara Challenges AfDB to Improve its Financing Model to Spur Growth in Special Sectors in Member States

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Nairobi, Kenya - Liberia’s Minister of Finance and Development Planning has challenged the African Development Bank (AfDB) to improve its financing model.

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  1393 Hits

Liberia and Canada Renew Economic Cooperation

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Nairobi, Kenya - The Minister of Finance and Development Planning, Hon. Boima S. Kamara, on the sideline of the African Development Bank (AfDB) Annual Board Meeting in Nairobi, Kenya, held a bilateral meeting with the Canadian Ambassador to the African Union, H.E. Mr. Ben Marc Diendere.

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MFDP Concludes Validation of 2010 Chart of Accounts Manual

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Monrovia, Liberia - The Ministry of Finance and Development Planning through the Department of Comptroller and Accounting General has concluded a validation of the 2010 Chart of Accounts in Kakata, Margibi County.

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Finance Minister Leaves Liberia this Weekend for the Annual Meetings of the African Development Bank in Kenya

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Monrovia, Liberia - The Minister of Finance and Development Planning of the Republic of Liberia Boima Kamara leaves the country this weekend to attend the Annual Meetings of the African Development Bank in Nairobi, Kenya.The meetings run from May 27-31.
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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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"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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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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Latest Press Release

02 July 2024
Press Release
Monrovia, Liberia -  Finance and Development Planning (MFDP) Minister, Hon. Boima S. Kamara, has apologized to the Plenary of the House of Representatives for what the House described as his persistent refusal to respond to their invitation...
28 June 2024
Press Release

Monrovia, Liberia - The Ministry of Finance and Development Planning (MFDP) has announced several new measures aimed at improving working conditions at the Ministry.

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