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    Reports 231 – Breaking News, Latest Liberia News, Politics News, Education News, Business News…Reports 231 – Breaking News, Latest Liberia News, Politics News, Education News, Business News…
    Home » MFDP Commence Four-days Joint Sectorial Portfolio Performance Reviev in Monrovia
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    MFDP Commence Four-days Joint Sectorial Portfolio Performance Reviev in Monrovia

    Godfred Badu QuansahBy Godfred Badu QuansahApril 8, 2024No Comments3 Mins Read
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    Monrovia, Liberia – The Ministry of Finance and Development Planning (MFDP) has began a four-day Joint Sectorial Profolio Performance Review at the Ballacasa Hotel in Monrovia. The four-days meeting will dive deep into Liberia Project Dashboard which include but not limited to; agriculture, infrastructure, and basic services and, industry and commerces sectors.

    The deligates are to also look deep into how development partners funding is being utilized in Liberia.

    Speaking at the opening ceremony, USAID Country Representative James Wright urged the Liberian government to implement anti corruption
    policies and prosecute those responsible for corruption.

    He informed the gathering that the USAID has been investing in the development of Liberia stating that the USAID designs and implements programs within the framework of five-year strategy. The USAID head said, the five-year plan is intended to complement and harmonize with Liberia’s significant development projects.

    USAID Country Representative James Wright stated that a new strategy will be designed and implemented in 2025, as their current development activities are coming to an end.

    “To do this, we will undertake extensive consultations with our government counterparts at national, county, and district levels; with civil societywith private sector organizations; and with other development partners.”

    He outlined the 60-year expenditure of his country public funds in Liberia. According to James Wright, USAID’s projects have an impact on many facets of Liberian society, including civil society, the expansion of the private sector, government, health, education, agriculture, electricity, water, and sanitation.

    The institution has an impact on these areas, but the UNDP chief is not happy with the results and urges the Boakai government to take the necessary action by bringing charges against individuals who have tampered with the systems.

    The partners bemoaned the fact that, on occasion, it is challenging to persuade citizens of their home countries to make investments in developing nations when those investments are not having the necessary effects.

    Deputy Minister for Economic Management at the Finance and Development Planning, Min. Dehpue Y. Zuo, spoke on behalf of the Liberian government and reaffirmed President Joseph Nyuma Boakai’s unwavering commitment to setting a positive example that will allay their fears.

    The industry, according to him, is meant to set the standard for efficient finance and the management of development money. Minister Zuo asserted that without the assistance of sectoral organizations, foreign partners, and other stakeholders, the government’s aim cannot be realized.

    The speaker emphasized the significance of convening with partners and government institutions to deliberate on matters that will facilitate the administration of development partner funds across many tiers.

    According to him, the seminar will help introduce and promote the administration of Boakai’s development plan to newly appointed government personnel.

    “The President is out for accountability and Transparency.”

    Organized by the Ministry of Finance and Development Planning, the four-day event is being attended by representatives of the European Union, UNDP, USAID, Swedish and German Embassy, government ministries, and others.

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