Finance Minister Highlights US’ Role…In National Development Drive

Finance-Minister-Highlights-US-Role-In-National-Development-Drive

The Minister of Finance and Development Planning (MFDP) Augustine Kpehe Ngafuan has emphasized the significant role of the United States in Liberia’s development. Minister Ngafuan made the statement during a meeting with US Ambassador Mark Toner on Monday, September 23, 2024, at the Ministry of Finance and Development Planning in Monrovia.

He said the story of Liberia cannot be told without dedicating substantial chapters to the United States Government, whose continuous support has been vital to national development.  Minister Ngafuan said the US contributed in restoring peace in Liberia, waiving its debt, and providing US$257 million under the Millennium Challenge Corporation for the rehabilitation of the Mount Coffee hydroelectric facility, as well as support during the Ebola crisis.

“America has always stood by our side as a strong partner in progress. We are grateful for your support and remain committed to working together,” Minister Ngafuan noted, adding that a robust partnership would foster strategic relationships essential for generating innovative development ideas and addressing national challenges across key economic sectors. As minister, said he aspires to be a trustworthy strategic partner for the U.S. Government, ensuring accountability in collaboration.

Minister Ngafuan said it is important to implement tangible projects that would have a swift impact on the lives of ordinary Liberians.  “We are currently developing a new national development plan and budget, and it is crucial that these align to effectively address our nation’s needs,” he said.

For his part, Ambassador Toner reaffirmed the U.S. as Liberia’s largest bilateral partner, recalling the significant support provided during the country’s recovery in 2003.  He commended Liberia for its successful democratic processes, including two recent presidential elections, which he described as a historic achievement in West Africa.  “The United States remains committed to building a strong and strategic relationship with Liberia as we support its development efforts,” Ambassador Toner said.

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