The International Monetary Fund (IMF) has disbursed US$23.4 million to the Government of Liberia, representing the first tranche of the Fund’s support program agreed to with Liberia earlier this month under an IMF External Credit Facility (ECF). Read more
Category Archives: Business
World Bank Group Senior Vice President and General Counsel, Sandie Okoro, was expected to arrive in Liberia on yesterday, Thursday, March 22, 2018 for a two-day visit.
Ms. Okoro’s mission will enable her to understand how World Bank financed programs and projects are working on the ground. The mission will also help her to learn how the Bank’s recently decentralized legal services are working and how they can better support the Government’s program funded by the Bank. Read more
-PFMU, MPW In Disagreement
The Public Agenda has been reporting on some disagreement between the Ministry of Public Works (MPW) and the Project Financial Management Unit (PFMU) at the Ministry of Finance and Development Planning (MFDP) with focus on World Bank’s funding to Liberia.
According to documents available to the Public Agenda, the World Bank through the MPW provided the amount of US$8.0 million, including US$3.0 million reimbursement to the Government of Liberia as budgetary allocation to pay Resettlement Action Plan (RAP) to targeted 1,288 beneficiaries. Read more
-Tops Other Counties
Grand Bassa County has emerged as the highest revenue collecting county for the second quarter of the 2017/18 fiscal period; Liberia Revenue Authority (LRA) County Revenue Collection Report confirmed.
LRA in the months of October, November and December (representing 2nd Quarter) collected a total of US$1.7m from its rural Tax Business Offices (TBO) and Customs Business Offices (CBOs) in all 14 counties as well as rural Montserrado. The amount, according to LRA, represents revenue received or collected exclusively in the counties through the LRA business offices. Read more
-Calls for Partnership to Achieve Prosperity
President George Manneh Weah has met in audience with representatives of the Liberia Bankers Association (LBA) at his Foreign Ministry Office in Monrovia. The meeting with the Liberia Bankers Association was triggered by President Weah’searlier engagement with the leadership of the Liberia Business Association (LIBA). Read more