MONROVIA, LIBERIA –America Authorities’s Millennium Problem Company (MCC) delegation, led by Madam Carrie Monahan, Managing Director for Africa has arrived within the nation to strengthen longstanding growth ties and start key preparations for the upcoming December Board assembly as Liberia is taken into account for a possible second compact.
Talking throughout a proper welcome on the Roberts Worldwide Airport, Madam Monahan expressed her appreciation for Liberia’s partnership with the MCC, stating, “We acknowledge the federal government and other people of Liberia as robust companions.” She famous the significance of MCC’s return to Liberia and emphasised that the U.S. is pleased with the progress and partnership developed throughout the first compact.
Liberia’s first MCC compact, carried out between 2016 and 2021, introduced vital advantages to the nation, specializing in rehabilitating the Mt. Espresso Hydropower Plant, strengthening the Liberia Electrical energy Company (LEC), and reforming key establishments to advertise transparency and accountability in governance.
The compact, price $257 million, helped restore energy to 1000’s of households and companies, offered important coaching and technical help, and laid the groundwork for continued financial revitalization.
Madam Carrie Monahan emphasised that the upcoming mission would give attention to conducting the Constraints to Development Evaluation, a foundational step in figuring out the sectors the place MCC’s funding would most successfully spur inclusive financial growth.
“We’re right here to have interaction with stakeholders throughout authorities and the non-public sector.
The MCC grant is an funding within the Liberian individuals,” she mentioned. “We sit up for guaranteeing that this compact aligns with the nation’s financial priorities and creates alternatives—not only for Liberians, however for American buyers as properly.”
She additionally highlighted the U.S. authorities’s continued dedication to sustainable partnerships in Africa, referencing the Trump Administration’s ongoing emphasis on transitioning “from assist to commerce,” viewing MCC investments as a platform for long-term financial cooperation and mutual progress.
Welcoming the delegation on behalf of President Joseph N. Boakai, Vice President Jeremiah Koung, and the individuals of Liberia, Hon. Augustine Kpehe Ngafuan, Minister of Finance and Growth Planning, expressed gratitude for MCC’s continued engagement.
“We’re very elated that you’d come. From the place we had been to the place we’re at this time, we deeply recognize the help obtained up to now,” Minister Ngafuan mentioned.
“We perceive that the journey is lengthy, however this go to is an important step ahead. Liberia is able to cooperate absolutely within the constraints to progress evaluation and is taking the proper steps in making the case for a second compact.”
Ngafuan reaffirmed Liberia’s dedication to the method, expressing optimism that the outcomes of this mission will result in even higher developmental outcomes for the nation.
“You’ve come to have interaction Liberian stakeholders, and we guarantee you of our collaboration. We’re hopeful that this mission results in higher outcomes for our individuals.”
He emphasised that when Liberia will get the compact, it’s for everybody and never a selected set of individuals.
