By Jamesetta D Williams
Monrovia-October 20, 2025: Liberia’s Minister of Finance and Improvement Planning, Augustine Kpehe Ngafuan has lauded the Worldwide Financial Fund (IMF) for its unwavering partnership and assist towards the nation’s ongoing financial reform program.
Talking throughout a high-level assembly with IMF Deputy Managing Director Mr. Bo Li, Minister Ngafuan reaffirmed the Liberian Authorities’s sturdy possession of its financial agenda regardless of challenges posed by world financial uncertainties and coverage reversals by some improvement companions.
He expressed deep appreciation for the IMF’s technical and monetary help, noting that the Boakai-led administration stays dedicated to reforms that foster macroeconomic stability, fiscal self-discipline, and inclusive progress.
The assembly additionally introduced collectively the Government Governor of the Central Financial institution of Liberia (CBL), Mr. Henry Saamoi, who highlighted the significance of shut coordination between fiscal and financial authorities in sustaining financial stability. In accordance with Governor Saamoi, this partnership has been instrumental in containing inflation, stabilizing the trade fee, and restoring confidence in Liberia’s monetary system.
For his half, IMF Deputy Managing Director Mr. Bo Li recommended Liberia’s regular progress underneath successive IMF-supported programs-from the Workers-Monitored Program (SMP) to the Prolonged Credit score Facility (ECF)-describing the nation’s general efficiency as “broadly passable” amid world headwinds.
Mr. Li additional disclosed that the IMF Government Board had efficiently accomplished its October 1st program overview, granting broad endorsement of Liberia’s reform route and coverage priorities. He pressured the necessity for continued deal with key areas essential for unlocking long-term concessional financing underneath the Resilience and Sustainability Facility (RSF). These priorities, he stated, embody decreasing debt vulnerabilities, strengthening the banking sector, rebuilding exterior buffers, and selling sustainable and inclusive progress.
The engagement ended on a constructive be aware, with each side reaffirming their shared dedication to deepen cooperation as Liberia continues its reform journey towards constructing a resilient and inclusive economic system.
