Finance Minister Ngafuan Holds Meeting with MCC Vice President on Liberia Compact Development
Monrovia, December 20, 2024 — In the wake of Liberia selection by the Board of the Millennium Challenge Corporation (MCC) for the second Compact, Finance and Development Planning Minister Augustine Kpehe Ngafuan has had a very productive high-level engagement with senior officials from the Millennium Challenge Corporation (MCC) to discuss the roll-out of the eagerly anticipated second MCC Compact.
During the virtual meeting with MCC Vice President for Compact Operation, Kyeh Kim and Interim Country Director for Liberia, Jason Small, Minister Ngafuan reechoed President Joseph Nyumah Boakai’s appreciation to the CEO and the Senior Management of the MCC, and the American Government for the country’s selection.
He recalled the transformative impart the first MCC grant has had on Liberia through the restoration of the Mont Coffee Hydro dam, the setting up of the Liberia Electricity Regulatory Commission, and support to the LWSC for the restoration of water pipes to Monrovia, among others.
The virtual meeting also focused on the next steps for the second MCC Compact, with both sides emphasizing the need for strategic planning and leadership. Vice President of the MCC, Ms. Kim, expressed her enthusiasm for continuing the partnership, saying, “We’re excited to continue working with Liberia.”
Ms. Kim was happy to reveal that there was strong enthusiasm for Liberia among MCC Board members at their last board meeting where the country was selected for the second compact.
Meanwhile, she informed that Mr. Small will visit Liberia to be followed by Vice President Kim to engage with the Minister of Finance and other senior government officials and stakeholders on the Liberia Compact.
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