…To Bolster Liberia’s Development Agenda
President Joseph Nyuma Boakai has reaffirmed Liberia’s commitment to sustainable development and international cooperation during a high-level meeting with a World Bank delegation on Monday, January 13, 2025, at the Executive Mansion in Monrovia.
The delegation, led by Liberia’s Finance and Development Planning Minister, Augustine Kpehe Ngafuan, introduced Mr. Ousmane Diagana, the World Bank Vice President for Western and Central Africa, as a key partner in Liberia’s ongoing development efforts.
Minister Ngafuan highlighted the World Bank’s pivotal role in supporting Liberia’s post-conflict recovery and driving forward its growth agenda.
Discussions during the meeting centered on strengthening Liberia’s economic recovery, advancing infrastructure development, and alleviating poverty.
President Boakai expressed his deep appreciation for the World Bank’s consistent support, reiterating his administration’s dedication to policies that foster inclusive and sustainable growth.
The two-day visit by the World Bank delegation, running from January 13 to 14, 2025, aims to fortify collaboration with the Liberian government and introduce the World Bank Group’s new five-year strategic plan for Liberia.
The delegation, which includes Mr. Ethiopis Tafara, Regional Vice President of the Multilateral Investment Guarantee Agency (MIGA),
The delegation will meet with senior government officials and the Development Trust Fund Partnership Council to address priority areas such as energy access, private sector development, and investment opportunities in key sectors.
As part of the visit, the delegation will tour major World Bank-supported projects, including the Mount Coffee Hydro Power Plant and Afropa Factory Liberia, Inc.
These initiatives underscore ongoing efforts to enhance infrastructure, education, health services, agriculture, and women’s empowerment across the nation.
Through its collaboration with the International Finance Corporation (IFC), the World Bank has also championed private sector investments in Liberia.
This includes substantial support for Afropa Factory Liberia, Inc., which operates in automotive trading, real estate, and fast-moving consumer goods.
Speaking during the engagement, Mr. Diagana praised Liberia’s progress under the government’s ARREST Agenda and AAID initiatives, emphasizing the World Bank’s commitment to transformative development.
“We are honored to collaborate with Liberia at all levels of government. Our shared vision is to drive transformative growth and ensure development impacts the lives of all Liberians,” Mr. Diagana stated.
The visit reflects the World Bank’s dedication to advancing Liberia’s economic growth, social inclusion, and sustainable development goals.
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