Προωθημένο

Liberia Unveils $8.38 Billion Development Plan to Tackle Poverty and Boost Growth

0
1χλμ.

BUCHANAN, Grand Bassa – The Unity Party-led government has launched an ambitious $8.38 billion initiative, the ARREST Agenda for Inclusive Development (AAID), aimed at transforming Liberia’s struggling infrastructure, addressing high unemployment, and fostering poverty reduction. The plan, unveiled on January 15, 2025, highlights the government’s commitment to advancing the nation’s economic and social development, though it admits to being capable of financing only 30% of the required funds.

Finance and Development Planning Minister Augustine Ngafuan emphasized the importance of partnerships with development agencies, private sector actors, and other stakeholders to raise the remaining 70% of funding. He outlined key measures to actualize the plan, including implementing a Domestic Resource Mobilization Strategy, exploring climate-related funding, and prioritizing public expenditure in critical sectors.

The AAID’s goals include improving GDP by 37%, reducing maternal mortality, and lowering multidimensional poverty, with hopes of positioning Liberia as a lower-middle-income country by 2029. However, the success of the plan, which builds on lessons from past initiatives, hinges on collaboration, transparency, and effective execution.

Προωθημένο
Αναζήτηση
Κατηγορίες
Διαβάζω περισσότερα
άλλο
Dust Control Systems Market Size, Share, Trends, Key Drivers, Growth and Opportunity Analysis
"Executive Summary Dust Control Systems Market :  The global dust control systems...
από Nshita Hande 2025-08-01 06:37:46 0 187
Shopping
Gold Earrings for Women – Timeless Beauty for Every Style and Occasion
Gold earrings for women are more than just jewelry — they are...
από A1j Jewellers 2025-07-10 11:16:34 0 392
άλλο
Azimuth Thrusters Market Analysis, Innovation Landscape and Global Forecast (2024-2032) | UnivDatos
According to recent research from UnivDatos, the global azimuth thrusters market was valued at...
από Ankit UDS 2025-07-03 11:53:47 0 511
άλλο
Europe Powder Sulfur Market Impact, Potential, Market Flow, Developments and Analysis
Executive Summary Europe Powder Sulfur Market : Data Bridge Market Research analyzes...
από Shimm Carter 2025-06-23 09:34:27 0 492
άλλο
Boring Tools Market Industry Size, Share Demand, and Forecast By 2028
Executive Summary Boring Tools Market : Data Bridge Market Research analyses that...
από Rohan Sharma 2025-07-23 10:24:21 0 225