MONROVIA — Liberia’s Finance and Improvement Planning Minister Augustine Ngafuan has expressed satisfaction over the nation’s newest efficiency within the Millennium Problem Company (MCC) 2026 scorecard, describing it as a significant step ahead in restoring Liberia’s eligibility for a brand new compact beneath america Authorities’s growth initiative.
By Selma Lomax [email protected]
The brand new MCC scorecard exhibits that Liberia efficiently handed 12 out of twenty-two key indicators that measure good governance, financial freedom, and funding in folks, an enchancment that displays the federal government’s continued efforts to strengthen transparency and accountability throughout sectors.
Talking in response to the report, Minister Ngafuan lauded President Joseph Boakai, the Authorities, and the folks of Liberia for what he described as a collective nationwide victory. He mentioned the nation’s progress demonstrates the constructive affect of sustained reforms and exhibits that Liberia is transferring in the correct route towards regaining compact eligibility.
In line with him, the most recent achievement didn’t occur by chance however is the results of laborious work, self-discipline, and a nationwide dedication to higher governance.
“Congratulations to President Joseph Boakai and the federal government and folks of Liberia,” Minister Ngafuan mentioned with pleasure. “We’re inching nearer, and our collective reform efforts are paying off. This progress is a transparent indication that Liberia is on the correct path towards regaining compact eligibility beneath the MCC initiative.”
The MCC Fiscal 12 months 2026 scorecard reveals that Liberia carried out impressively in a number of classes, particularly beneath the pillars of Ruling Justly, Financial Freedom, and Investing in Folks.
Key indicators by which the nation confirmed robust efficiency embrace Freedom of Data with 98 %, Private Freedom with 91 %, Management of Corruption with 56 %, Authorities Accountability with 73 %, Property and Land Rights with 67 %, Ladies within the Financial system with 68 %, Market Competitiveness with 60 %, Well being Expenditures with 57 %, and Inflation Management at 8.2 % which locations Liberia at a 38 % rating.
These constructive outcomes, based on the minister, are proof that Liberia is steadily bettering its governance programs and making a extra conducive surroundings for enterprise and funding. Beneath the Ruling Justly pillar, Liberia scored excessive in Private Freedom, Authorities Accountability, and Management of Corruption, all of which surpassed the MCC median thresholds.
Within the Financial Freedom class, the nation achieved robust marks in Property and Land Rights, Market Competitiveness, and Ladies’s Participation within the Financial system. Beneath the Investing in Folks pillar, the report highlights enhancements in Well being Expenditures and Power Illness Management, although it additionally factors to persevering with challenges in Baby Well being and Ladies’ Major Schooling Completion.
The MCC, a United States Authorities company, releases this scorecard yearly to guage the efficiency of low-income and lower-middle-income nations in key areas reminiscent of democratic governance, financial administration, and human capital growth.
To qualify for compact eligibility, a rustic should go at the very least half of the symptoms and should additionally go the necessary exams in Management of Corruption and Democratic Rights. Liberia’s success in passing 12 out of twenty-two indicators due to this fact represents an essential milestone in its journey towards regaining compact eligibility.
Minister Ngafuan famous that the nation’s improved efficiency within the 2026 scorecard demonstrates regular progress from earlier years and highlights the effectiveness of the Boakai administration’s reform agenda. He mentioned the federal government stays totally dedicated to pursuing deeper institutional reforms that promote fiscal self-discipline, accountability, and inclusive development.
“Our aim is not only to go the scorecard,” Minister Ngafuan said. “It’s to construct a Liberia that thrives on integrity, financial alternative, and inclusive development. We’re decided to proceed reforms that strengthen our governance programs, promote non-public sector competitiveness, and spend money on the welfare of our folks.”
The finance minister additionally credited the advance to the collective work of varied authorities businesses and reform-oriented policymakers who’ve remained constant in implementing insurance policies aimed toward bettering the nation’s efficiency in worldwide benchmarks.
He emphasised that with continued efforts, Liberia will quickly be in a stronger place to barter and safe a second MCC Compact, which may convey vital investments in infrastructure, vitality, and financial growth.
“The progress we have fun right this moment is the fruit of laborious work, consistency, and reform,” Minister Ngafuan emphasised. “Liberia is certainly inching nearer.”
He reaffirmed the Boakai administration’s unwavering dedication to accountability, good governance, and financial development, stressing that Liberia’s continued progress will depend upon sustaining self-discipline and unity of function. In line with him, the nation’s present trajectory gives hope that Liberia is steadily transferring towards turning into a mannequin of reform and stability within the subregion, and that the dream of securing one other MCC Compact is inside attain.
The MCC 2026 report has been extensively welcomed throughout the nation as a constructive growth for Liberia’s economic system and worldwide standing. In line with officers of that ruling Unity Social gathering, this indicators to growth companions that the nation is critical about bettering governance, managing its economic system responsibly, and creating higher alternatives for its residents.
