The Ministry is hosting a three-day stakeholders' workshop on the Liberia Investment Finance and Trade Project (LIFT-P) in Ganta City, Nimba County from April 26-28, 2023. The workshop aims to define roles and responsibilities of Technical Implementing Ministries and Agencies (TIMAs). The World Bank's Hybrid Implementation Support Mission, led by Senior Private Sector Specialist Thomas Vis, will offer technical support and guidance during the event, while the Project Implementation Unit at the Ministry and TIMAs collaborate on full implementation.
Liberian Chief Executive, Dr. George Manneh Weah has formally launched a USD$40m Financing Agreement aimed at supporting Small Medium Enterprises (SMEs) in Liberia. USD $20million or 50% of the 40m represents an International Development Association (IDA) grant, while the other USD$20million or 50% represents a concessional IDA credit.
President George Manneh Weah launched a $40m finance and trade project in partnership with the World Bank. The project aims to improve the investment climate, increase efficiency of trade, and address gaps between men and women's participation in economic activities. The LIFT-P Project will also support the National Single Window and the provision of a National Electronic Payment Switch. The project will create an enabling environment for investment, trade, and commerce.