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    Home»Liberia Politics»MCC Begins Review for New Liberia Compact
    Liberia Politics

    MCC Begins Review for New Liberia Compact

    HelloLiberiaBy HelloLiberiaSeptember 23, 2025No Comments3 Mins Read
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    Finance and Growth Planning Minister of, Augustine Kpehe Ngafuan, on Monday led a high-level authorities delegation to Roberts Worldwide Airport to formally welcome a crew from the U.S. Millennium Problem Company (MCC).

    The delegation, headed by Carrie Monahan, MCC Managing Director for Africa, is in Liberia to evaluate the nation’s preparedness for a possible second compact settlement.

     

    Minister Ngafuan, talking on behalf of President Joseph Nyuma Boakai, Vice President Jeremiah Kpan Koung, and the Liberian individuals, prolonged a heat welcome to the U.S. crew. He emphasised that Liberians stay the direct beneficiaries of MCC’s help, pointing to the $257 million first compact, which funded the rehabilitation of the Mount Espresso Hydroelectric Dam — now Liberia’s largest supply of electrical energy.

    “In case you go round Monrovia and see how individuals soar for pleasure every time energy comes on, they’re grateful to MCC and the USA,” Ngafuan mentioned. “Growth is an instrument of unity — it doesn’t ask which faith, tribe, or political celebration you belong to. That’s the reason we’re laser-focused on working with all stakeholders and companions to develop this nation.”

    Ngafuan underscored the federal government’s dedication to working carefully with MCC, noting that the Boakai administration is set to create the proper situations to strengthen Liberia’s case for one more compact.

    “The President desires me to guarantee you that the federal government is dedicated to taking the proper actions to make it simpler for you as you make a case for Liberia,” he mentioned.

    He additional praised the help of the U.S. Embassy in Monrovia, which has been engaged in preparations for the MCC mission.

    For her half, MCC Africa Managing Director Carrie Monahan expressed gratitude for the nice and cozy reception and praised Liberia’s efficiency underneath the primary compact.

    “At MCC, we’re extraordinarily happy with the partnership we developed by the primary compact. We see it as an enormous success, and we acknowledge the federal government of Liberia and the individuals of Liberia as extraordinarily sturdy companions,” Monahan mentioned.

    She defined that the crew will spend the approaching days working with authorities establishments, civil society, and the non-public sector to conduct a constraints-to-economic-growth evaluation, which can assist decide precedence sectors for funding underneath a possible new compact.

    “We see our grants as investments within the Liberian individuals, and we all know how a lot potential there may be in Liberia,” Monahan confused.

    The MCC official additionally famous that the mission aligns with the U.S. administration’s push for “commerce, not assist,” including that Liberia presents alternatives not just for growth impression but in addition for American traders.

    The go to comes forward of MCC’s December 2025 Board assembly, the place Liberia’s eligibility for a second compact will likely be formally thought-about. If authorized, it could mark one other milestone within the longstanding U.S.-Liberia partnership aimed toward selling inclusive and sustainable financial progress.



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