Says It’s Central To Liberia’s Development Agenda
Kakata, Margibi County – A Debt Sustainability Analysis (DSA) Training Workshop has been launched in Kakata by Deputy Minister for Economic Management Dehpue Zuo, who emphasises that making prudent financial decisions is crucial to achieving Liberia’s economic goals.
In order to ensure long-term economic stability, Deputy Minister Zuo emphasised during the first session that while Liberia is still pursuing significant investments in infrastructure, social services, and job creation, equal consideration must be given to how such expenditures are financed.
He clarified that Debt Sustainability Analysis is a crucial strategic tool for national planning, noting that it helps policymakers set safe borrowing limits, assess the impact of economic shocks, and select appropriate policy measures to sustain inclusive growth.
The Deputy Minister recognised advancements in public financial management reforms, enhancing domestic resource mobilisation, and fortifying macroeconomic management. He did, however, note that public borrowing is still under pressure due to Liberia’s substantial development requirements, which include investments in roads, energy, agriculture, human capital, and climate resilience.
He emphasized the importance of developing a robust national capability for debt sustainability analysis, especially as the government executes its medium-term expenditure frameworks and national development goals. He proposed that DSA ought to direct choices on risk management, borrowing tactics, public investment prioritisation, and finance source coordination.
The workshop brings together technical staff from key institutions, including the Ministry of Finance and Development Planning. It aims to deepen participants’ understanding of the DSA framework, strengthen analytical capacity, and integrate DSA into planning and policy processes.
Additionally, Deputy Minister Zuo outlined three guiding principles for sustainable debt management: strong institutional coordination, transparency and data quality, and connection with national interests. He thanked development partners, such as the World Bank, the African Development Bank, and the International Monetary Fund, for their ongoing financial and technical assistance with Liberia’s economic reform program.
Reported by: Prince Saah
