Sign In
  • LR.
  • International
  • U.S.
  • AFRICA
Hot Pepper Liberia
  • Home
  • Editorial
  • News
  • Business
  • Hot Pepper Sport
  • The platform
  • Woman and Society
  • Obituary/Announcement
Reading: Liberia Gears Up for Second MCC Compact Eligibility; As U.S. Team Arrives on September 22
Share
Hot Pepper LiberiaHot Pepper Liberia
0
Font ResizerAa
  • Home
  • Editorial
  • News
  • Business
  • Hot Pepper Sport
  • The platform
  • Woman and Society
  • Obituary/Announcement
Search
  • Home
  • Editorial
  • News
  • Business
  • Hot Pepper Sport
  • The platform
  • Woman and Society
  • Obituary/Announcement
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Hot Pepper Liberia > Blog > Economy > Liberia Gears Up for Second MCC Compact Eligibility; As U.S. Team Arrives on September 22
EconomyNews

Liberia Gears Up for Second MCC Compact Eligibility; As U.S. Team Arrives on September 22

Hot Pepper
Last updated: September 1, 2025 4:23 am
Hot Pepper
Share
Minister of Finance and Development Planning, Augustine K. Ngafuan
SHARE

The Minister of Finance and Development Planning, Augustine Kpehe Ngafuan, has disclosed that a team from the United States Government’s Millennium Challenge Corporation (MCC) will arrive in Liberia on September 22, 2025 for an official mission aimed at assessing Liberia’s readiness to benefit from its second MCC Compact.

   This visit comes ahead of the next regular board meeting of the MCC in December 2025, where the country’s continued eligibility for a second Compact will be decided.

   According to Minister Ngafuan, the visit also marks a critical step in possibly reviving Liberia’s path toward MCC Compact development following a temporary pause linked to the United States’ political transition and shifting priorities of the new US administration.

   “Liberia was deemed eligible for the development of a second MCC Compact in December 2024, and we received a technical team in January 2025 to begin preparatory work, including the hiring of consultants to undertake the vital constraints analysis, which aims to identify the key constraints to growth and development in Liberia,” Minister Ngafuan told a media briefing recently. “However, due to the change in administration and shifts in the aid framework, that process was paused.”

   The Minister emphasized that Liberia’s MCC eligibility remains under active consideration and recent engagements with U.S. stakeholders have re-awaken strong interest in the country’s development prospects.

   “We recently held fruitful discussions in Washington, D.C. with the new MCC leadership and the U.S. State Department on the sidelines of the US-Africa Summit hosted by President Trump at the White House.

   “We are also engaging the U.S. Embassy in Monrovia, which has been helping us to make a strong case for re-affirmation of Liberia’s eligibility for a second Compact. These engagements, coupled with the outcome of the visit of the MCC team to Liberia, will hopefully help to make a compelling case for Liberia’s continued eligibility,” he added.

   According to information, the forthcoming MCC delegation—comprising economists and officials—will spend over a week in Liberia. During their mission, the team will consult widely with stakeholders across the government, the private sector, civil society, and the media. Their goal is to conduct a constraints analysis to identify key barriers to sustainable, inclusive economic growth, and determine which sectors are best suited for MCC support.

   “The MCC is adopting a win-win development approach under the current U.S. administration,” said Minister Ngafuan. “They are looking to support sectors that not only boost Liberia’s growth but also open up avenues for U.S. investment.”

   Minister Ngafuan noted that the recent interactions between President Boakai and his counterpart, President Donald Trump, at the US-Africa Summit drew positive attention to Liberia, which is being leveraged for the benefit of the Liberian people.

Subscribe to Our Newsletter
Subscribe to our newsletter to get our newest articles instantly!
TAGGED:Millennium Challenge CorporationMin. Augustine Ngafuan
Share This Article
Email Copy Link Print
Previous Article “Do Not Reduce The Presidency Website To Goba-Chop Market”; PAL President Toweh Warns 
Next Article US$15.4M National Action Plan On Youth, Peace, And Security Launched
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recipe Rating




Editor's Pick

Top Writers

Oponion

You Might Also Like

BusinessNews

Johns Urges Liberian Businesses To Maintain Integrity

The Chief Executive Officer (CEO) of the Bukonjadeh Group of Companies, Elton Johns, has urged Liberian businesses to maintain integrity…

3 Min Read
News

Pres. Weah Attends 77th Session Of UN General Assembly

The President of the Republic, H.E. Dr. George Manneh Weah, along with a government delegation, departed Friday, September 16, 2022…

2 Min Read
News

Bea Mountain Mining Corp. Bags NACSUL’s Prestigious Award

Amidst its alleged involvement in human rights violations, as recently claimed by the Independent National Commission on Human Rights, Bea…

3 Min Read
News

Pres. Weah Consoles The United States Of America

The President of the Republic of Liberia, His Excellency Dr. George Manneh Weah, has sent a condolence message to Honorable…

1 Min Read
Hot Pepper Liberia

News

  • World
  • Travel
  • Opinion
  • Science
  • Technology
  • Fashion

Technology

  • Innovate
  • Gadget
  • PC hardware
  • Review
  • Software

Health

  • Medicine
  • Children
  • Coronavirus
  • Nutrition
  • Disease

Culture

  • Stars
  • Screen
  • Culture
  • Media
  • Videos

More

  • World
  • Advertise

Subscribe

  • Home Delivery
  • Digital Subscription
  • Games

© Hot Pepper Liberia. All Rights Reserved.

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?