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Tax Exemption is Cardinal for the Collection of Domestic Revenue, says Dr. Samora P. Z. Wolokolie

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Monrovia, Liberia - Dr. Samora P.Z. Wolokolie, the acting Minister of Finance and Development Planning says Tax exemption is cardinal for the collection of domestic revenue.

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Finance Ministry submits FY2022 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, on Thursday November 18, submitted the draft national budget which will run from Jan 1 to December 31, 2022, to the National Legislature.

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RCU Presents New Copies of Amendment and Restatement of the Public Financial Management Act of 2009.

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The Government of Liberia through the Reform Coordination Unit at the Ministry of Finance and Development Planning on Wednesday, November 17, 2021, presented several new copies of the Amendment and Restatement of the Public Financial Management Act of 2009 to six ministries and agencies across Government.

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GoL, CSOs Dialogue on FY/2022 Budget Preparation

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Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning, is holding a two-day dialogue with civil society organizations, on the recommendations proffered in the “Shadow” budget option paper developed by CSOs during the formulation FY 2020/2021.

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Minister Tweah Meets with Representatives of Civil Society Organizations

WhatsApp-Image-2021-10-27-at-10.39.29-AM (L-R) Minister Samuel D. Tweah, Jr., Loretta Alethea Pope Kaithe, of the National Civil Society Council of Liberia; Andersen Miamen of CENTAL; Mmonbeydo Nadine Joah of the Organization for Women and Children; Lawrence Yealue of Accountability Lab Liberia; and Ralph Jimmeh of Integrity Watch.

Monrovia, Liberia - Finance and Development Planning Minister, Hon. Samuel D. Tweah, Jr., on Wednesday, October 27, met with representatives of Civil Society Organizations (CSO) to explore avenues of enhancing and strengthening government-CSO partnership.

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Minister Tweah wants AIIB to focus on Climate and Smart Agriculture for Africa’s Potential

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Monrovia, Liberia - Finance and Development Planning Minister, Hon Samuel D. Tweah Jr. has expressed the need for the Asia Infrastructure and Investment Bank (AIIB) to focus on climate and smart agriculture for Africa’s potential.
Doing this, he said, will enhance economic growth and development on the continent.

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Minister Samuel D. Tweah Jr, to Speak at Asia Infrastructure and Investment Bank (AIIB), at 10:00 AM today.

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On the margins of the  Annual Meetings of the Asia Infrastructure and Investment Bank (AIIB), Finance and Development Planning Minister Samuel D. Tweah, Jr.  participates in a Business Round Table on Climate Finance via Zoom. The Minister will serve as a panelist and will address global and national climate finance imperatives.

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“Budget Execution and reporting rests on your shoulders”, says Comptroller General Atty. Janga A. Kowo

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Kakata, Margibi County - Comptroller and Accountant General Atty. Janka A. Kowo, says, timely budget execution and reporting rests on the shoulders of comptrollers and accountants across government spending entities.

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GoL, World Bank Sign USD 40M Agreement for Sustainable Management of Fisheries Project

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Monrovia, Liberia - The Government of Liberia and the World Bank on Tuesday October 19, 2021, signed a financing agreement in the amount of US$ 40 million for sustainable Management of fisheries project.

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Health and Social Intervention are key factors for Economic Growth and Development… Deputy Finance Minister

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Monrovia, Liberia - Deputy Minister for Economic Management, Hon. Augustus J. Flomo, says Health and Social intervention are essential factors for economic growth and development.

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‘’We're the Basket of Democracy’’, says Minister Tweah

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Monrovia, Liberia - Finance and Development Planning Minister, Hon. Samuel D. Tweah Jr, has said that Liberia is the “basket of democracy”, due to several reforms and new strategies implemented by the administration of President George Manner Weah.

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MFDP bids farewell to outgoing AfDB Country Manager Orison M. Amu

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The Ministry of Finance and Development has bid farewell to outgoing African Development Bank Country Manager for Liberia Dr. Orison M. Amu as the cooperation between the Bank and Liberia remains strong and continues to grow.

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Happy Birthday His Excellency Dr. George Manneh Weah

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Ministry of Finance and Development Planning Birthday Greetings to His Excellency Dr. George Manneh Weah

Happy, Happy Birthday, Our Beloved President!!!

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MFDP regrets the death of Asst. Min. Hon. Barcon Vah

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With profound regrets, the Ministry of Finance and Development Planning, announces the passing on of Hon. Barcon Vah, Assistant Minister for External Resources & Debt Management.

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MFDP Launches Department of Budget & Development Planning Technical & Training Room

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Monrovia, Liberia - The Ministry of Finance and Development Planning through the Department of Budget has officially launched the Department of Budget & Development Planning Technical and Training room at the Ministry.

Speaking at the official launch of the DBDP training room, on Tuesday, September 7, 2021, Deputy Minister for Budget and Development Planning, Hon. Tanneh G. Brunson urged staff of MFDP, especially the Department of Budget and Development Planning, to see the training room as a learning environment that staff can learn from each other. “The DBDP Training and Technical room programme is a hands- on skills development course designed to improve analytical and excel skills”, she added.The budget minister added that the training also will incorporate spending entities to enhance their capacities for preparing, executing and reporting on the budget and for effective plan development including projects, M&E and Performance reporting.She explained that some of the training initiatives will include collaboration with LIPA to enhance capacities across Government.Hon Brunson commended the Swedish Embassy for their support to the training committee through the ODI – BSI Advisor.She praised the spirit of collaboration and support from across Departments within MFDP and thanked the Training Committee, for transforming her vision that created this program that has flourished to become a reality. Minister Brunson thanked her team for the high momentum in achieving “this milestone” as Department of Budget and Development Planning.The Department of Budget and Development Planning internal training program started a year ago. The vision was geared towards providing internal surge capacity to staffers of the department in the wake of contending resource constraint, which inhibits the department to fully orientate and capacitate its staffs to internal processes, tools and knowledge towards engendering work efficiency within the department.The Program had in attendance representatives of the Swedish Embassy, USAID, Directors and Staffers of the Ministry of Finance and Development Planning.

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Liberia Takes Over Chairmanship of Convergence Council of Ministers and Central Bank Governors of the West African Monetary Zone (WAMZ)

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At the 45th Meeting of the Convergence Council of Ministers and Central Bank Governors of the WAMZ held on Friday, August 27 via Zoom, Liberia assumed the leadership of the Convergence Council of the WAMZ, taking over from Sierra Leone. The WAMZ comprises English speaking countries of West Africa plus Guinea, which, though being French-speaking, is not part of the eight francophone countries that make up the West African Economic and Monetary Union (UEMOA).

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GoL Validates INEC ToR

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Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning with support from the United Nations Development Programmed (UNDP) on Thursday August 19, held a validation workshop on the strategic operational and term of reference for the Independent National Evaluation Committee (INEC).

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GoL, Commercial Banks Sign National LPA Scheme for Civil Servants

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Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning, and two commercial banks, the GT Bank and Ecobank, have signed the National Legal Power of Attorney, known as the LPA scheme for Civil Servants who are employed with the Ministry of Finance and Development Planning, the Ministry of Foreign Affairs and the Civil Service Agency.

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“False and Misleading”, MFDP Clarifies Indian Express.com story

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Monrovia. Liberia - The Ministry of Finance and Development Planning has termed as false and misleading a trending news story published by New Indian Express.com, with the headline” Ethical Hacker Odia Boy earns praise from Liberia Government.

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Tweah’s Highlight Liberia’s Potential During USAID Boss Courtesy Visit

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Monrovia, Liberia - Finance and Development Planning Minister Hon. Samuel D. Tweah Jr., has highlighted Liberia’s potential, during a courtesy visit by USAID Mission Director Jim Wright at the Ministry of Finance and Development Planning on Tuesday.

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Latest Press Release

23 November 2021
Press Release

Monrovia, Liberia - Dr. Samora P.Z. Wolokolie, the acting Minister of Finance and Development Planning says Tax exemption is cardinal for the collection of domestic revenue.

18 November 2021
Press Release
Monrovia, Liberia - The Ministry of Finance and Development Planning on behalf of President George M. Weah and the Executive Branch of Government, on Thursday November 18, submitted the draft national budget which will run from Jan 1 to December 31, ...

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