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President Boakai Launches Youth Entrepreneurship Investment Bank to Unlock Opportunity and Drive Job Creation

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Monrovia, Liberia - The Government of Liberia, in partnership with the African Development Bank Group (AfDB), today officially launched the Youth Entrepreneurship Investment Bank (YEIB) of Liberia, a landmark initiative designed to catalyze economic opportunities and job creation for young Liberians.

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African Development Bank (AfDB) President, Dr. Akinwumi A. Adesina Visits Liberia

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AfDB President Dr. Akinwumi A. Adesina, upon the invitation of President Joseph Nyuma Boakai, will address a high-level forum comprising Cabinet Ministers, Deputy Ministers, and Assistant Ministers; Heads and Deputies of SoEs, Commisions & Agencies on the theme: "Liberia, Arise and Shine!" Dr. Adesina will also be honored by President Boakai for his immense contributions to Africa's and Liberia's development.

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Liberia to Launch Youth Entrepreneurship Investment Bank During Visit by Outgoing AfDB President Dr. Akinwumi A. Adesina

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Monrovia, Liberia – The African Development Bank (AfDB) President, Dr. Akinwumi A. Adesina visits Liberia from July 21 to July 23, during which he will launch a key youth development initiative and receive national recognition for his impactful leadership in development.
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MFDP Commences Fiscal Decentralization and Financial Management Training on Budget Execution, Reporting & Disaggregation; Revenue Sharing Law & Regulations and Local Government Act for County Finance Officers

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Gbarnga, Bong County –  In a continued effort to deepen decentralization and improve public financial management, the Government of Liberia, through the Ministry of Finance and Development Planning (MFDP), in partnership with the United Nations Development Program (UNDP) and other stakeholders, is conducting a two-day Fiscal Decentralization and Budget Disaggregation Training for County Finance Officers, Accountants and Comptrollers from the various Ministries, Agencies & Commissions (MACs) in Gbarnga, Bong County.

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Government Launches FY 2026 Budget Preparation, Emphasizes Timely Passage for Effective Delivery

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Monrovia, Liberia - Finance and Development Planning Minister Augustine Kpehe Ngafuan says the passage of the Fiscal Year (FY) 2026 National Budget before the start of the fiscal year is critical to achieving timely and effective service delivery across government institutions.

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"MFDP Commissioned New Employees Buses after 7 years”

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Monrovia, Liberia — On Monday morning, employees at the Ministry of Finance and Development Planning celebrated a significant milestone as Honorable Augustine Kpehe Ngafuan, Minister of Finance and Development Planning, officially commissioned three new 32-seater buses and two 18-seated buses dedicated to staff transportation.

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Finance Minister, Augustine Kpehe Ngafuan, Meets the IMF Deputy Managing Director and US Government Officials on the sidelines of President Boakai’s Visit to Washington DC

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Washington DC: The Minister of Finance and Development Planning, Hon. Augustine Kpehe Ngafuan, held a high-level productive meeting with the Deputy Managing Director of the International Monetary Fund (IMF), Mr. Bo Li. 
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Ngafuan Hails UN as Key Development Ally, Urges Shift to Action-Oriented, Impact-Driven Projects in Liberia

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Monrovia, Liberia - Finance and Development Planning Minister Augustine Kpehe Ngafuan has praised the United Nations Country Team (UNCT) for its consistent partnership and unwavering support to Liberia, from the early development of the ARREST Agenda for Inclusive Development (AAID) and the County Development Agenda to the current stages of implementation.

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COMMUNIQUÉ: Government of Liberia - Development Partners Retreat (G-DPR) 2025

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On 17 April 2025, the Government of Liberia, along with development partners, convened for the first-ever Government and Development Partners Retreat (G-DPR).

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GoL and EU Sign €25 Million Financing Agreement to Boost Private Sector Development

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Monrovia, Liberia -  Liberia’s Minister of Finance and Development Planning, Hon. Augustine Kpehe Ngafuan, and the European Union Ambassador to Liberia, H.E. Nona Deprez, have signed a €25 million financing grant agreement for the Private Sector Development in Liberia Project.
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Liberia and European Union to Sign €20 Million Financing Agreement to Boost Private Sector Development

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Monrovia, Liberia - The Government of Liberia through the Ministry of Finance and Development Planning and the European Union will on Monday, June 16, officially sign a €20 million financing agreement under the NDICI–Global Europe framework, titled Private Sector Development in Liberia NDICI Africa Act-62431.

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Liberia’s Finance Minister Ngafuan Reaffirms Government’s Commitment to Civil Servants’ Welfare

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Monrovia, Liberia - Liberia’s Minister of Finance and Development Planning, Hon. Augustine Kpehe Ngafuan, has reaffirmed the government’s commitment to enhancing the working conditions of civil servants nationwide.

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Mauritanian Sidi  Ould Tah Elected President of the AfDB. 

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Abidjan - The Board of Governors of the African Development Bank (AfDB) comprising Ministers of Finance or their alternates of the 81 member states of the AfDB has just elected Mr. Sidi Ould Tah, a former Finance Minister of Mauritania and current President of the Arab Bank for Economic Development in Africa (BADEA), as the new President for the AfDB for a 5-year term starting September 1, 2025. Mr. Tah replaces Dr. Akinwumi Adesina, a Nigerian, who served the bank as President for two terms beginning in September 2015.
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Liberia’s Finance Minister Elected Chair of African Development Bank Constituency 15 as Executive Director Darkortey Successfully Ends Tenure

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Abidjan, Côte d’Ivoire – Liberia’s Minister of Finance and Development Planning, Hon. Augustine Kpehe Ngafuan has been elected Chair of Constituency 15 of the African Development Bank (AfDB), a regional grouping that includes Liberia, Ghana, The Gambia, Sierra Leone, and Sudan.

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  1810 Hits

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𝐀𝐛𝐢𝐝𝐣𝐚𝐧- The Minister of Finance and Development Planning, Hon. Augustine Kpehe Ngafuan, has departed Liberia at the head of a high-level delegation to participate in the 2025 Annual Meetings of the African Development Bank (AfDB), to be held in Abidjan, Côte d'Ivoire from May 26 to 30.

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Minister Barchue Urges Greater Capacity Building & Sensitization on ARREST Agenda as Local Development Efforts Intensify

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Sanniquellie, Nimba County – Liberia’s Assistant Minister for Development Planning at the Ministry of Finance and Development Planning (MFDP), J. Wellington Barchue,I has called for increased public capacity building and sensitization on the ARREST Agenda for Inclusive Development (AAID), as the government strengthens its push to improve the implementation of local and global development goals.

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  1588 Hits

Liberia to Build 100 New Schools in 2025 as Government Unveils Sweeping Education Reform Agenda

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Monrovia, Liberia – The Government of Liberia has announced plans to construct more than 100 new schools nationwide beginning this year, reaffirming its commitment to education as a cornerstone of national development.

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GoL and EU Sign €56M Agreement to Support Budget

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Monrovia, Liberia – The Government of Liberia and the European Union (EU) have signed a €56 million financing agreement aimed at supporting Liberia’s development priorities.

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Government Launches Sectoral Deep Dives to Accelerate Budget Execution and Development Delivery

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Monrovia, Liberia– The Ministry of Finance and Development Planning (MFDP) has commenced a series of sectoral deep dive sessions aimed at assessing government budget execution, identifying implementation challenges, and charting a path forward for accelerated development.

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  1890 Hits

Liberian Government Commences the drafting of a Week-long Annual Economic Review to Assess National Economic Performance

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Zorzor City, Lofa County - The Government of Liberia, through the Ministry of Finance and Development Planning (MFDP), has commenced a week-long economic assessment workshop to evaluate key sectors of the nation’s economy.

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  2406 Hits

Latest Press Release

22 July 2025
Press Release
Monrovia, Liberia - The Government of Liberia, in partnership with the African Development Bank Group (AfDB), today officially launched the Youth Entrepreneurship Investment Bank (YEIB) of Liberia, a landmark initiative designed to catalyze economic ...
22 July 2025
Press Release
AfDB President Dr. Akinwumi A. Adesina, upon the invitation of President Joseph Nyuma Boakai, will address a high-level forum comprising Cabinet Ministers, Deputy Ministers, and Assistant Ministers; Heads and Deputies of SoEs, Commisions & Agenci...

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